Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Pagaya Technologies Ltd (NASDAQ: PGY) closed at $10.69 down -8.48% from its previous closing price of $11.68. In other words, the price has decreased by -$8.48 from its previous closing price. On the day, 1.34 million shares were traded. PGY stock price reached its highest trading level at $11.77 during the session, while it also had its lowest trading level at $10.62.
Ratios:
For a deeper understanding of Pagaya Technologies Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.23. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 1.43 whereas as Long-Term Debt/Eq ratio is at 1.06.
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, Oppenheimer on October 01, 2024, initiated with a Outperform rating and assigned the stock a target price of $12.
On June 17, 2024, Keefe Bruyette started tracking the stock assigning a Outperform rating and target price of $23.Keefe Bruyette initiated its Outperform rating on June 17, 2024, with a $23 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 31 ’24 when Rosen Tami sold 17,570 shares for $12.06 per share. The transaction valued at 211,914 led to the insider holds 73,516 shares of the business.
Rosen Tami sold 7,966 shares of PGY for $92,167 on Nov 01 ’24. The Chief Development Officer now owns 91,086 shares after completing the transaction at $11.57 per share. On Oct 31 ’24, another insider, TAMI ROSEN, who serves as the Director of the company, bought 17,570 shares for $12.37 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PGY now has a Market Capitalization of 781959616 and an Enterprise Value of 1375060352. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 1.486 whereas that against EBITDA is 28.568.
Stock Price History:
Over the past 52 weeks, PGY has reached a high of $20.50, while it has fallen to a 52-week low of $8.56. The 50-Day Moving Average of the stock is -9.30%, while the 200-Day Moving Average is calculated to be -14.79%.
Shares Statistics:
For the past three months, PGY has traded an average of 1.56M shares per day and 1118830 over the past ten days. A total of 49.39M shares are outstanding, with a floating share count of 35.03M. Insiders hold about 51.90% of the company’s shares, while institutions hold 25.98% stake in the company. Shares short for PGY as of 1728950400 were 5976496 with a Short Ratio of 3.84, compared to 1726185600 on 1753206. Therefore, it implies a Short% of Shares Outstanding of 5976496 and a Short% of Float of 13.29.
