Stock Market Recap: Perella Weinberg Partners (PWP) Concludes at 14.91, a -0.27 Surge/Decline

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After finishing at $14.95 in the prior trading day, Perella Weinberg Partners (NASDAQ: PWP) closed at $14.91, down -0.27%. In other words, the price has decreased by -$0.27 from its previous closing price. On the day, 0.61 million shares were traded. PWP stock price reached its highest trading level at $15.03 during the session, while it also had its lowest trading level at $14.63.

Ratios:

Our goal is to gain a better understanding of PWP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.87. For the most recent quarter (mrq), Quick Ratio is recorded 2.61 and its Current Ratio is at 2.61. In the meantime, Its Debt-to-Equity ratio is 1.09 whereas as Long-Term Debt/Eq ratio is at 1.08.

On January 09, 2024, Goldman Downgraded its rating to Sell which previously was Buy and also lowered its target price recommendation from $14 to $11.50.

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 Dec 14 ’23 when Shendelman Vladimir sold 7,722 shares for $12.46 per share. The transaction valued at 96,216 led to the insider holds 67,341 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, PWP now has a Market Capitalization of 1408992000 and an Enterprise Value of 933632704. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.29 while its Price-to-Book (P/B) ratio in mrq is 4.92. Its current Enterprise Value per Revenue stands at 1.508.

Stock Price History:

Over the past 52 weeks, PWP has reached a high of $16.07, while it has fallen to a 52-week low of $7.64. The 50-Day Moving Average of the stock is 2.96%, while the 200-Day Moving Average is calculated to be 25.10%.

Shares Statistics:

The stock has traded on average 413.89K shares per day over the past 3-months and 673480 shares per day over the last 10 days, according to various share statistics. A total of 53.41M shares are outstanding, with a floating share count of 46.49M. Insiders hold about 12.95% of the company’s shares, while institutions hold 76.89% stake in the company. Shares short for PWP as of 1713139200 were 574509 with a Short Ratio of 1.39, compared to 1710460800 on 500067. Therefore, it implies a Short% of Shares Outstanding of 574509 and a Short% of Float of 1.26.

Dividends & Splits

In the trailing 12 months, PWP’s forward annual dividend rate was 0.28, compared to 0.28 this year. Against a Trailing Annual Dividend Yield of 0.018729098

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