Stock Surge: Photronics, Inc (PLAB) Closes at 24.91, Marking a -5.03 Increase/Decrease

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

In the latest session, Photronics, Inc (NASDAQ: PLAB) closed at $24.91 down -5.03% from its previous closing price of $26.23. In other words, the price has decreased by -$5.03 from its previous closing price. On the day, 0.64 million shares were traded. PLAB stock price reached its highest trading level at $27.08 during the session, while it also had its lowest trading level at $24.59.

Ratios:

For a deeper understanding of Photronics, Inc’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 2.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.09. For the most recent quarter (mrq), Quick Ratio is recorded 4.76 and its Current Ratio is at 5.07. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.

On April 11, 2022, Stifel Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $19 to $21.

Stifel Downgraded its Buy to Hold on February 25, 2021, while the target price for the stock was maintained at $13.

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 18 ’24 when Burr Richelle E bought 4,093 shares for $24.00 per share.

Burr Richelle E bought 15,463 shares of PLAB for $371,119 on Oct 17 ’24. On Oct 15 ’24, another insider, Burr Richelle E, who serves as the Former Officer of the company, bought 2,700 shares for $24.23 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLAB now has a Market Capitalization of 1578143104 and an Enterprise Value of 1363293312. As of this moment, Photronics,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.91, and their Forward P/E ratio for the next fiscal year is 10.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82 while its Price-to-Book (P/B) ratio in mrq is 1.44. Its current Enterprise Value per Revenue stands at 1.564 whereas that against EBITDA is 4.35.

Stock Price History:

Over the past 52 weeks, PLAB has reached a high of $34.16, while it has fallen to a 52-week low of $20.25. The 50-Day Moving Average of the stock is 1.34%, while the 200-Day Moving Average is calculated to be -2.68%.

Shares Statistics:

For the past three months, PLAB has traded an average of 438.73K shares per day and 655380 over the past ten days. A total of 63.35M shares are outstanding, with a floating share count of 60.96M. Insiders hold about 3.78% of the company’s shares, while institutions hold 87.83% stake in the company. Shares short for PLAB as of 1732838400 were 2261164 with a Short Ratio of 5.15, compared to 1730332800 on 1689926. Therefore, it implies a Short% of Shares Outstanding of 2261164 and a Short% of Float of 4.46.

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