Paramount Global (NASDAQ: PARA) open the trading on Wednesday, with great promise as it jumped 3.64% to $10.81, before settling in for the price of $10.43 at the close. Taking a more long-term approach, PARA posted a 52-week range of $10.12-$24.00.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The company of the Communication Services sector’s yearbook sales growth during the past 5- year span was recorded 1.92%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 112.84%. This publicly-traded company’s shares outstanding now amounts to $612.00 million, simultaneously with a float of $588.35 million. The organization now has a market capitalization sitting at $7.18 billion. At the time of writing, stock’s 50-day Moving Average stood at $11.63, while the 200-day Moving Average is $13.46.
Paramount Global (PARA) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Entertainment industry. Paramount Global’s current insider ownership accounts for 11.41%, in contrast to 73.29% institutional ownership. According to the most recent insider trade that took place on May 16 ’23, this organization’s Director bought 165,000 shares at the rate of 15.06, making the entire transaction reach 2,485,560 in total value, affecting insider ownership by 577,064.
Paramount Global (PARA) Earnings and Revenue Records
Paramount Global’s EPS increase for this current 12-month fiscal period is 112.84% and is forecasted to reach 1.35 in the upcoming year.
Paramount Global (NASDAQ: PARA) Trading Performance Indicators
Let’s observe the current performance indicators for Paramount Global (PARA). It’s Quick Ratio in the last reported quarter now stands at 1.17. The Stock has managed to achieve an average true range (ATR) of 0.65. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.24. Similarly, its price to free cash flow for trailing twelve months is now 48.84.
In the same vein, PARA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.69, a figure that is expected to reach 0.36 in the next quarter, and analysts are predicting that it will be 1.35 at the market close of one year from today.
Technical Analysis of Paramount Global (PARA)
[Paramount Global, PARA] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 18.72% While, its Average True Range was 0.66.
Raw Stochastic average of Paramount Global (PARA) in the period of the previous 100 days is set at 9.35%, which indicates a major fall in contrast to 18.75% 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 90.23% that was higher than 60.99% volatility it exhibited in the past 100-days period.
