Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $4.81 in the prior trading day, Porch Group Inc (NASDAQ: PRCH) closed at $4.33, down -9.98%. In other words, the price has decreased by -$9.98 from its previous closing price. On the day, 1.0 million shares were traded.
Ratios:
Our goal is to gain a better understanding of PRCH by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.79.
On March 15, 2023, Loop Capital Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $4 to $2.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 16 ’24 when Tabak Shawn sold 21,774 shares for $6.00 per share. The transaction valued at 130,705 led to the insider holds 287,839 shares of the business.
Tabak Shawn bought 21,774 shares of PRCH for $129,759 on Dec 16 ’24. On Dec 06 ’24, another insider, Tabak Shawn, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 12,500 shares for $5.12 each. As a result, the insider received 64,019 and left with 309,613 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98.
Stock Price History:
Over the past 52 weeks, PRCH has reached a high of $6.03, while it has fallen to a 52-week low of $1.05. The 50-Day Moving Average of the stock is -10.48%, while the 200-Day Moving Average is calculated to be 58.26%.
Shares Statistics:
A total of 118.90M shares are outstanding, with a floating share count of 60.68M. Insiders hold about 40.65% of the company’s shares, while institutions hold 57.14% stake in the company.
