Witnessing the stock’s movement on the chart, on Wednesday, Paramount Group Inc (NYSE: PGRE) set off with pace as it heaved 3.60% to $4.60, before settling in for the price of $4.44 at the close. Taking a more long-term approach, PGRE posted a 52-week range of $4.06-$5.92.
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The company of the Real Estate sector’s yearbook sales growth during the past 5- year span was recorded -0.41%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 70.00%. This publicly-traded company’s shares outstanding now amounts to $217.37 million, simultaneously with a float of $178.17 million. The organization now has a market capitalization sitting at $999.72 million. At the time of writing, stock’s 50-day Moving Average stood at $4.66, while the 200-day Moving Average is $4.78.
Paramount Group Inc (PGRE) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the REIT – Office industry. Paramount Group Inc’s current insider ownership accounts for 18.02%, in contrast to 64.61% institutional ownership. According to the most recent insider trade that took place on Aug 17 ’23, this organization’s Chairman, CEO and President bought 20,000 shares at the rate of 4.73, making the entire transaction reach 94,540 in total value, affecting insider ownership by 641,812. Preceding that transaction, on Aug 16 ’23, Company’s Chairman, CEO and President bought 50,000 for 4.64, making the whole transaction’s value amount to 231,950. This particular insider is now the holder of 621,812 in total.
Paramount Group Inc (PGRE) Earnings and Revenue Records
As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported -$0.95 earnings per share (EPS) for the period falling under the consensus outlook (set at -$0.04) by -$0.91. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
Paramount Group Inc’s EPS increase for this current 12-month fiscal period is 70.00% and is forecasted to reach -0.46 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 0.17. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.35. Similarly, its price to free cash flow for trailing twelve months is now 5.64.
In the same vein, PGRE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.20, a figure that is expected to reach -0.07 in the next quarter, and analysts are predicting that it will be -0.46 at the market close of one year from today.
Technical Analysis of Paramount Group Inc (PGRE)
Going through the that latest performance of [Paramount Group Inc, PGRE]. Its last 5-days volume of 1.03 million was inferior to the volume of 1.41 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 23.56% While, its Average True Range was 0.17.
Raw Stochastic average of Paramount Group Inc (PGRE) in the period of the previous 100 days is set at 29.03%, which indicates a major fall in contrast to 34.78% 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 33.65% that was lower than 45.71% volatility it exhibited in the past 100-days period.
