Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Platinum Group Metals Ltd (AMEX: PLG) was $1.53 for the day, up 3.38% from the previous closing price of $1.48. In other words, the price has increased by $3.38 from its previous closing price. On the day, 0.68 million shares were traded. PLG stock price reached its highest trading level at $1.55 during the session, while it also had its lowest trading level at $1.48.
Ratios:
Our analysis of PLG’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.62 and its Current Ratio is at 2.62. 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 160963648 and an Enterprise Value of 182119504.
Stock Price History:
The Beta on a monthly basis for PLG is 1.70, which has changed by -0.11046511 over the last 52 weeks, in comparison to a change of 0.12632763 over the same period for the S&P500. Over the past 52 weeks, PLG has reached a high of $2.27, while it has fallen to a 52-week low of $0.99. The 50-Day Moving Average of the stock is 11.03%, while the 200-Day Moving Average is calculated to be 8.43%.
Shares Statistics:
PLG traded an average of 1.12M shares per day over the past three months and 1461320 shares per day over the past ten days. A total of 103.58M shares are outstanding, with a floating share count of 76.46M. Insiders hold about 27.32% of the company’s shares, while institutions hold 24.78% stake in the company. Shares short for PLG as of 1749772800 were 2910061 with a Short Ratio of 2.61, compared to 1747267200 on 2678147. Therefore, it implies a Short% of Shares Outstanding of 2910061 and a Short% of Float of 3.9.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
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 -$0.04 and -$0.09 for the fiscal current year, implying an average EPS of -$0.06. EPS for the following year is -$0.03, with 2.0 analysts recommending between -$0.01 and -$0.04.
