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Pinstripes Holdings Inc (NYSE: PNST) closed the day trading at $0.51 up 11.09% from the previous closing price of $0.46. In other words, the price has increased by $11.09 from its previous closing price. On the day, 1.81 million shares were traded. PNST stock price reached its highest trading level at $0.9241 during the session, while it also had its lowest trading level at $0.44.
Ratios:
For a better understanding of PNST, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.08 and its Current Ratio is at 0.09.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BTIG Research on November 27, 2024, Reiterated its Buy rating but revised its target price to $3 from $4 previously.
On January 30, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $6.Oppenheimer initiated its Outperform rating on January 30, 2024, with a $6 target price.
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 Feb 26 ’24 when Querciagrossa Anthony bought 100,000 shares for $3.43 per share. The transaction valued at 343,000 led to the insider holds 100,000 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PNST now has a Market Capitalization of 20484864 and an Enterprise Value of 227426784. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16. Its current Enterprise Value per Revenue stands at 1.84 whereas that against EBITDA is -11.784.
Stock Price History:
Over the past 52 weeks, PNST has reached a high of $16.00, while it has fallen to a 52-week low of $0.46. The 50-Day Moving Average of the stock is -30.34%, while the 200-Day Moving Average is calculated to be -75.03%.
Shares Statistics:
Over the past 3-months, PNST traded about 62.45K shares per day on average, while over the past 10 days, PNST traded about 87690 shares per day. A total of 40.09M shares are outstanding, with a floating share count of 21.08M. Insiders hold about 47.42% of the company’s shares, while institutions hold 11.66% stake in the company. Shares short for PNST as of 1731628800 were 94311 with a Short Ratio of 1.85, compared to 1728950400 on 118049. Therefore, it implies a Short% of Shares Outstanding of 94311 and a Short% of Float of 0.33999999999999997.
