Paramount Group Inc. (PGRE) volume hits 1.13 million: A New Opening for Investors

As on May 25, 2023, Paramount Group Inc. (NYSE: PGRE) started slowly as it slid -2.71% to $4.31. During the day, the stock rose to $4.40 and sunk to $4.26 before settling in for the price of $4.43 at the close. Taking a more long-term approach, PGRE posted a 52-week range of $3.90-$9.15.

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In the past 5-years timespan, the Real Estate sector firm’s annual sales growth was 0.60%. Meanwhile, its Annual Earning per share during the time was -19.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -76.50%. This publicly-traded company’s shares outstanding now amounts to $216.56 million, simultaneously with a float of $185.87 million. The organization now has a market capitalization sitting at $915.10 million. At the time of writing, stock’s 50-day Moving Average stood at $4.40, while the 200-day Moving Average is $5.81.

If we measure the efficiency of the company that is accounted for 326 employees. It has generated 2,271,095 per worker during the last fiscal year. Meanwhile, its income per employee was -111,926. The stock had 2.06 Receivables turnover and 0.09 Total Asset turnover. For the Profitability, stocks gross margin was +31.12, operating margin was +23.09 and Pretax Margin of -3.37.

Paramount Group Inc. (PGRE) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the REIT – Office industry. Paramount Group Inc.’s current insider ownership accounts for 0.20%, in contrast to 68.60% institutional ownership. According to the most recent insider trade that took place on Mar 23, this organization’s Chairman, CEO and President bought 50,000 shares at the rate of 4.10, making the entire transaction reach 205,050 in total value, affecting insider ownership by 571,812. Preceding that transaction, on Mar 23, Company’s SVP, GC and Secretary bought 4,500 for 3.97, making the whole transaction’s value amount to 17,852. This particular insider is now the holder of 4,500 in total.

Paramount Group Inc. (PGRE) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 3/30/2023, the company posted -$0.01 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.02) by $0.01. This company achieved a net margin of -4.93 while generating a return on equity of -1.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.

Paramount Group Inc.’s EPS decrease for this current 12-month fiscal period is -76.50% and is forecasted to reach -0.24 in the upcoming year.

Paramount Group Inc. (NYSE: PGRE) Trading Performance Indicators

Let’s observe the current performance indicators for Paramount Group Inc. (PGRE). The Stock has managed to achieve an average true range (ATR) of 0.19. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.23. Similarly, its price to free cash flow for trailing twelve months is now 7.81.

In the same vein, PGRE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.17, a figure that is expected to reach -0.04 in the next quarter, and analysts are predicting that it will be -0.24 at the market close of one year from today.

Technical Analysis of Paramount Group Inc. (PGRE)

Through scrutinizing the latest numbers posted by the [Paramount Group Inc., PGRE], it can be observed that its last 5-days Average volume of 1.5 million was lower the volume of 1.98 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 41.73% While, its Average True Range was 0.20.

Raw Stochastic average of Paramount Group Inc. (PGRE) in the period of the previous 100 days is set at 14.44%, which indicates a major fall in contrast to 18.32% 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 43.07% that was higher than 37.06% volatility it exhibited in the past 100-days period.