Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Platinum Group Metals Ltd (AMEX: PLG) closed at $1.22 down -6.15% from its previous closing price of $1.30. In other words, the price has decreased by -$6.15 from its previous closing price. On the day, 0.81 million shares were traded. PLG stock price reached its highest trading level at $1.32 during the session, while it also had its lowest trading level at $1.12.
Ratios:
For a deeper understanding of Platinum Group Metals Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.67 and its Current Ratio is at 4.67. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On June 07, 2013, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $1.50.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on January 23, 2013, whereas the target price for the stock was revised from $1.50 to $1.75.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLG now has a Market Capitalization of 125279360 and an Enterprise Value of 184373840.
Stock Price History:
Over the past 52 weeks, PLG has reached a high of $2.27, while it has fallen to a 52-week low of $0.96. The 50-Day Moving Average of the stock is -26.95%, while the 200-Day Moving Average is calculated to be -19.56%.
Shares Statistics:
For the past three months, PLG has traded an average of 641.77K shares per day and 487310 over the past ten days. A total of 102.48M shares are outstanding, with a floating share count of 75.45M. Insiders hold about 26.52% of the company’s shares, while institutions hold 26.01% stake in the company. Shares short for PLG as of 1731628800 were 1719724 with a Short Ratio of 2.68, compared to 1728950400 on 1373435. Therefore, it implies a Short% of Shares Outstanding of 1719724 and a Short% of Float of 2.3800000000000003.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$0.03 and -$0.03 for the fiscal current year, implying an average EPS of -$0.03. EPS for the following year is -$0.01, with 1.0 analysts recommending between -$0.01 and -$0.01.
