Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Primo Brands Corp (NYSE: PRMB) was $29.55 for the day, down -0.91% from the previous closing price of $29.82. In other words, the price has decreased by -$0.91 from its previous closing price. On the day, 1.06 million shares were traded. PRMB stock price reached its highest trading level at $30.07 during the session, while it also had its lowest trading level at $29.33.
Ratios:
Our analysis of PRMB’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.11. For the most recent quarter (mrq), Quick Ratio is recorded 2.23 and its Current Ratio is at 2.34. In the meantime, Its Debt-to-Equity ratio is 0.97 whereas as Long-Term Debt/Eq ratio is at 0.94.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRMB now has a Market Capitalization of 11199863808. As of this moment, Primo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.26, and their Forward P/E ratio for the next fiscal year is 25.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.93 while its Price-to-Book (P/B) ratio in mrq is 3.20.
Stock Price History:
Over the past 52 weeks, PRMB has reached a high of $30.18, while it has fallen to a 52-week low of $13.62. The 50-Day Moving Average of the stock is 11.82%, while the 200-Day Moving Average is calculated to be 36.88%.
Shares Statistics:
PRMB traded an average of 2.00M shares per day over the past three months and 1979640 shares per day over the past ten days. A total of 160.34M shares are outstanding, with a floating share count of 160.09M. Insiders hold about 49.10% of the company’s shares, while institutions hold 46.07% stake in the company.
