Pagaya Technologies Ltd. (PGY) 14-day ATR is 0.11: This Stock is Set to Soar Above its Peers

Pagaya Technologies Ltd. (NASDAQ: PGY) started the day on May 25, 2023, with a price decrease of -3.67% at $1.05. During the day, the stock rose to $1.18 and sunk to $1.02 before settling in for the price of $1.09 at the close. Taking a more long-term approach, PGY posted a 52-week range of $0.57-$34.50.

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Nevertheless, stock’s Earnings Per Share (EPS) this year is -133.40%. This publicly-traded company’s shares outstanding now amounts to $711.07 million, simultaneously with a float of $226.37 million. The organization now has a market capitalization sitting at $751.45 million. At the time of writing, stock’s 50-day Moving Average stood at $0.9444, while the 200-day Moving Average is $2.9553.

It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 809 employees. For the Profitability, stocks gross margin was +34.19, operating margin was -45.96 and Pretax Margin of -40.32.

Pagaya Technologies Ltd. (PGY) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Infrastructure Industry. Pagaya Technologies Ltd.’s current insider ownership accounts for 26.02%, in contrast to 42.20% institutional ownership.

Pagaya Technologies Ltd. (PGY) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 3/30/2023, the organization reported -$0.09 earnings per share (EPS) for the three months, lower than the consensus estimate (set at -$0.03) by -$0.06. This company achieved a net margin of -44.11 while generating a return on equity of -70.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.

Pagaya Technologies Ltd.’s EPS decrease for this current 12-month fiscal period is -133.40% and is forecasted to reach -0.01 in the upcoming year.

Pagaya Technologies Ltd. (NASDAQ: PGY) Trading Performance Indicators

Let’s observe the current performance indicators for Pagaya Technologies Ltd. (PGY). It’s Quick Ratio in the last reported quarter now stands at 4.20. The Stock has managed to achieve an average true range (ATR) of 0.11. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.00.

In the same vein, PGY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.46, a figure that is expected to reach -0.03 in the next quarter, and analysts are predicting that it will be -0.01 at the market close of one year from today.

Technical Analysis of Pagaya Technologies Ltd. (PGY)

If we take a close look at the recent performances of Pagaya Technologies Ltd. (NASDAQ: PGY), its last 5-days Average volume was 4.98 million that shows progress from its year to date volume of 2.35 million. During the previous 9 days, stock’s Stochastic %D was recorded 57.97% While, its Average True Range was 0.1199.

Raw Stochastic average of Pagaya Technologies Ltd. (PGY) in the period of the previous 100 days is set at 32.53%, which indicates a major fall in contrast to 54.35% 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 131.33% that was higher than 98.41% volatility it exhibited in the past 100-days period.

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