Witnessing the stock’s movement on the chart, on February 10, 2021, Performant Financial Corporation (NASDAQ: PFMT) set off with pace as it heaved 8.40% to $1.42. During the day, the stock rose to $1.44 and sunk to $1.2928 before settling in for the price of $1.31 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 $78.41 million. At the time of writing, stock’s 50-day Moving Average stood at $0.9921, while the 200-day Moving Average is $0.8408.
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
Nothing is more important than checking the behaviour of major investors towards the stock of the Specialty Business Services industry. Performant Financial Corporation’s current insider ownership accounts for 31.28%, in contrast to 56.90% 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
As on 6/29/2020, Multinational firm has announced its last quarter scores, in which it reported -$0.01 earnings per share (EPS) for the period topping the consensus outlook (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 0.13. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.49. Similarly, its price to free cash flow for trailing twelve months is now 6.37.
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)
Going through the that latest performance of [Performant Financial Corporation, PFMT]. Its last 5-days volume of 0.66 million was inferior to the volume of 0.92 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 77.63% While, its Average True Range was 0.1299.
Raw Stochastic average of Performant Financial Corporation (PFMT) in the period of the previous 100 days is set at 52.72%, which indicates a major fall in contrast to 95.83% 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 132.55% that was higher than 125.91% volatility it exhibited in the past 100-days period.