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.
PACS Group Inc (NYSE: PACS) closed the day trading at $13.16 down -2.16% from the previous closing price of $13.45. In other words, the price has decreased by -$2.16 from its previous closing price. On the day, 0.58 million shares were traded.
Ratios:
For a better understanding of PACS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 4.74 whereas as Long-Term Debt/Eq ratio is at 4.52.
On October 09, 2024, UBS started tracking the stock assigning a Buy rating and target price of $50.UBS initiated its Buy rating on October 09, 2024, with a $50 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 Sep 09 ’24 when Hancock Mark sold 8,128,352 shares for $36.25 per share. The transaction valued at 294,652,760 led to the insider holds 45,126,199 shares of the business.
Murray Jason Hulse sold 8,128,352 shares of PACS for $294,652,760 on Sep 09 ’24. The Co-Founder, CEO & Chairman now owns 45,126,199 shares after completing the transaction at $36.25 per share. On Apr 11 ’24, another insider, Millard Jacqueline, who serves as the Director of the company, bought 433 shares for $23.08 each. As a result, the insider paid 9,993 and bolstered with 433 shares of the company.
Stock Price History:
Over the past 52 weeks, PACS has reached a high of $43.92, while it has fallen to a 52-week low of $12.54. The 50-Day Moving Average of the stock is -5.40%, while the 200-Day Moving Average is calculated to be -52.56%.
Shares Statistics:
A total of 152.40M shares are outstanding, with a floating share count of 38.63M. Insiders hold about 75.11% of the company’s shares, while institutions hold 31.45% stake in the company.
