Perella Weinberg Partners (NASDAQ: PWP) on Tuesday, soared 2.05% from the previous trading day ,before settling in for the closing price of $15.59. Within the past 52 weeks, PWP’s price has moved between $6.80 and $15.64.
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During the last 5-year period, the sales growth of Financial Sector giant was 7.19%. The company achieved an average annual earnings per share of 106.67%. With a float of $38.74 million, this company’s outstanding shares have now reached $44.64 million.
Let’s determine the extent of company efficiency that accounts for 663 employees.
Perella Weinberg Partners (PWP) Insider Activity
Observing investor behavior towards Capital Markets industry stocks is more important than anything else. The insider ownership of Perella Weinberg Partners is 13.39%, while institutional ownership is 87.87%. The most recent insider transaction that took place on Dec 14 ’23, was worth 96,216. In this transaction General Counsel of this company sold 7,722 shares at a rate of $12.46, taking the stock ownership to the 67,341 shares.
Perella Weinberg Partners (PWP) Earnings and Forecasts
As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0.08 earnings per share (EPS) for the period topping the consensus outlook (set at $0.04) by $0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 106.67% per share during the next fiscal year.
Perella Weinberg Partners (NASDAQ: PWP) Trading Performance Indicators
Perella Weinberg Partners (PWP) is currently performing well based on its current performance indicators. A quick ratio of 1.48 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.10. Likewise, its price to free cash flow for the trailing twelve months is 8.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.32, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 1.24 in one year’s time.
Technical Analysis of Perella Weinberg Partners (PWP)
Looking closely at Perella Weinberg Partners (NASDAQ: PWP), its last 5-days average volume was 0.48 million, which is a jump from its year-to-date volume of 0.32 million. As of the previous 9 days, the stock’s Stochastic %D was 92.73%. Additionally, its Average True Range was 0.46.
During the past 100 days, Perella Weinberg Partners’s (PWP) raw stochastic average was set at 97.21%, which indicates a significant increase from 93.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.97% in the past 14 days, which was lower than the 36.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.34, while its 200-day Moving Average is $11.24. However, in the short run, Perella Weinberg Partners’s stock first resistance to watch stands at $16.10. Second resistance stands at $16.30. The third major resistance level sits at $16.52. If the price goes on to break the first support level at $15.68, it is likely to go to the next support level at $15.46. Should the price break the second support level, the third support level stands at $15.26.
Perella Weinberg Partners (NASDAQ: PWP) Key Stats
Market capitalization of the company is 711.65 million based on 86,324K outstanding shares. Right now, sales total 648,650 K and income totals -17,220 K. The company made 212,680 K in profit during its latest quarter, and -10,410 K in sales during its previous quarter.
