November 20, 2023, Pagaya Technologies Ltd (NASDAQ: PGY) trading session started at the price of $1.40, that was -4.32% drop from the session before. During the day, the shares moved up to $1.405 and dropped to $1.32 before settling in for the closing price of $1.39. A 52-week range for PGY has been $0.57 – $2.83.
During the last 5-year period, the sales growth of Technology Sector giant was 219.87%. When this article was written, the company’s average yearly earnings per share was at 73.62%. With a float of $296.25 million, this company’s outstanding shares have now reached $508.38 million.
In terms of profitability, gross margin is +34.19, operating margin of -45.96, and the pretax margin is -40.32.
Pagaya Technologies Ltd (PGY) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Pagaya Technologies Ltd stocks. The insider ownership of Pagaya Technologies Ltd is 56.87%, while institutional ownership is 16.58%.
Pagaya Technologies Ltd (PGY) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted -$0.03 earnings per share (EPS) during the time that was less than consensus figure (set at -$0.02) by -$0.01. 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 -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 73.62% per share during the next fiscal year.
Pagaya Technologies Ltd (NASDAQ: PGY) Trading Performance Indicators
You can see what Pagaya Technologies Ltd (PGY) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 4.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.21, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach -0.02 in one year’s time.
Technical Analysis of Pagaya Technologies Ltd (PGY)
Looking closely at Pagaya Technologies Ltd (NASDAQ: PGY), its last 5-days average volume was 8.16 million, which is a jump from its year-to-date volume of 4.87 million. As of the previous 9 days, the stock’s Stochastic %D was 44.74%. Additionally, its Average True Range was 0.13.
During the past 100 days, Pagaya Technologies Ltd’s (PGY) raw stochastic average was set at 14.77%, which indicates a significant decrease from 42.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 118.22% in the past 14 days, which was higher than the 102.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4416, while its 200-day Moving Average is $1.4133. However, in the short run, Pagaya Technologies Ltd’s stock first resistance to watch stands at $1.3833. Second resistance stands at $1.4367. The third major resistance level sits at $1.4683. If the price goes on to break the first support level at $1.2983, it is likely to go to the next support level at $1.2667. Now, if the price goes above the second support level, the third support stands at $1.2133.
Pagaya Technologies Ltd (NASDAQ: PGY) Key Stats
There are 708,909K outstanding shares of the company, which has a market capitalization of 913.63 million. As of now, sales total 748,930 K while income totals -302,320 K. Its latest quarter income was 211,760 K while its last quarter net income were -21,750 K.