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Perimeter Solutions SA (NYSE: PRM) closed the day trading at $6.94 down -0.86% from the previous closing price of $7.00. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 0.59 million shares were traded. PRM stock price reached its highest trading level at $7.23 during the session, while it also had its lowest trading level at $6.935.
Ratios:
For a better understanding of PRM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.91 and its Current Ratio is at 4.56. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.69.
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 the company, UBS on October 11, 2023, Downgraded its rating to Neutral and sets its target price to $4.25 from $7 previously.
On June 09, 2022, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $14.
On April 14, 2022, UBS started tracking the stock assigning a Buy rating and target price of $15.UBS initiated its Buy rating on April 14, 2022, with a $15 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRM now has a Market Capitalization of 1007965632 and an Enterprise Value of 1756854784. As of this moment, Perimeter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.64, and their Forward P/E ratio for the next fiscal year is 18.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.14 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 5.454 whereas that against EBITDA is 8.782.
Stock Price History:
Over the past 52 weeks, PRM has reached a high of $8.41, while it has fallen to a 52-week low of $2.79. The 50-Day Moving Average of the stock is 3.23%, while the 200-Day Moving Average is calculated to be 34.62%.
Shares Statistics:
Over the past 3-months, PRM traded about 798.82K shares per day on average, while over the past 10 days, PRM traded about 788220 shares per day. A total of 146.45M shares are outstanding, with a floating share count of 136.32M. Insiders hold about 6.46% of the company’s shares, while institutions hold 89.87% stake in the company. Shares short for PRM as of 1713139200 were 3869690 with a Short Ratio of 4.84, compared to 1710460800 on 3166818. Therefore, it implies a Short% of Shares Outstanding of 3869690 and a Short% of Float of 3.4799999999999995.
