In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Platinum Group Metals Ltd (AMEX: PLG) closed the day trading at $1.12 down -5.08% from the previous closing price of $1.18. In other words, the price has decreased by -$5.08 from its previous closing price. On the day, 0.89 million shares were traded. PLG stock price reached its highest trading level at $1.16 during the session, while it also had its lowest trading level at $1.09.
Ratios:
For a better understanding of PLG, let’s look at its different ratios. 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 116933600 and an Enterprise Value of 139313488.
Stock Price History:
The Beta on a monthly basis for PLG is 1.64, which has changed by -0.31707317 over the last 52 weeks, in comparison to a change of 0.11241627 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 -8.06%, while the 200-Day Moving Average is calculated to be -19.25%.
Shares Statistics:
Over the past 3-months, PLG traded about 603.00K shares per day on average, while over the past 10 days, PLG traded about 540360 shares per day. A total of 103.58M shares are outstanding, with a floating share count of 76.70M. Insiders hold about 26.54% of the company’s shares, while institutions hold 26.07% stake in the company. Shares short for PLG as of 1745971200 were 2058194 with a Short Ratio of 3.41, compared to 1743379200 on 1952986. Therefore, it implies a Short% of Shares Outstanding of 2058194 and a Short% of Float of 2.79.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
