Performant Financial Corporation (NASDAQ: PFMT) established initial surge of 20.66% at $0.99, as the Stock market unbolted on December 22, 2020. During the day, the stock rose to $1.02 and sunk to $0.83 before settling in for the price of $0.82 at the close. Taking a more long-term approach, PFMT posted a 52-week range of $0.54-$2.17.
In the past 5-years timespan, the Industrials sector firm’s annual sales growth was -5.10%. Meanwhile, its Annual Earning per share during the time was -36.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -226.00%. This publicly-traded company’s shares outstanding now amounts to $54.68 million, simultaneously with a float of $34.15 million. The organization now has a market capitalization sitting at $53.23 million. At the time of writing, stock’s 50-day Moving Average stood at $0.9791, while the 200-day Moving Average is $0.7882.
If we measure the efficiency of the company that is accounted for 1615 employees. It has generated 93,147 per worker during the last fiscal year. Meanwhile, its income per employee was -16,607. The stock had 6.05 Receivables turnover and 1.09 Total Asset turnover. For the Profitability, stocks gross margin was -8.28, operating margin was -8.28 and Pretax Margin of -18.08.
Performant Financial Corporation (PFMT) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Performant Financial Corporation industry. Performant Financial Corporation’s current insider ownership accounts for 31.28%, in contrast to 60.20% institutional ownership. According to the most recent insider trade that took place on Mar 24, this organization’s 10% Owner bought 3,258,424 shares at the rate of 0.72, making the entire transaction reach 2,346,065 in total value, affecting insider ownership by 12,545,261. Preceding that transaction, on Mar 12, Company’s 10% Owner bought 987,604 for 0.87, making the whole transaction’s value amount to 859,215. This particular insider is now the holder of 9,286,837 in total.
Performant Financial Corporation (PFMT) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 6/29/2020, it has been observed that the corporation posted -$0.01 earnings per share (EPS) during the time that was better the consensus figure (set at -$0.03) by $0.02. This company achieved a net margin of -17.83 while generating a return on equity of -40.99. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Performant Financial Corporation’s EPS decrease for this current 12-month fiscal period is -226.00%. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 20.00% through the next 5 years, which can be compared against the -36.00% growth it accomplished over the previous five years trading on the market.
Performant Financial Corporation (NASDAQ: PFMT) Trading Performance Indicators
Let’s observe the current performance indicators for Performant Financial Corporation (PFMT). It’s Quick Ratio in the last reported quarter now stands at 0.70. The Stock has managed to achieve an average true range (ATR) of 0.08. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.33. Similarly, its price to free cash flow for trailing twelve months is now 4.33.
In the same vein, PFMT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.40.
Technical Analysis of Performant Financial Corporation (PFMT)
Now, what If we examine the latest scores posted by [Performant Financial Corporation, PFMT]. During the last 5-days, its volume was better the volume of 0.22 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 67.14% While, its Average True Range was 0.0781.
Raw Stochastic average of Performant Financial Corporation (PFMT) in the period of the previous 100 days is set at 27.38%, which indicates a major fall in contrast to 89.94% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 86.33% that was lower than 143.88% volatility it exhibited in the past 100-days period.