On Tuesday, Paramount Group Inc (NYSE: PGRE) opened lower -2.52% from the last session, before settling in for the closing price of $4.76. Price fluctuations for PGRE have ranged from $4.06 to $5.92 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales slided by -0.41%. Company’s average yearly earnings per share was noted 70.00% at the time writing. With a float of $178.16 million, this company’s outstanding shares have now reached $217.37 million.
The extent of productivity of a business whose workforce counts for 329 workers is very important to gauge.
Paramount Group Inc (PGRE) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the REIT – Office industry is another important factor to consider. The insider ownership of Paramount Group Inc is 18.02%, while institutional ownership is 64.58%. The most recent insider transaction that took place on Aug 17 ’23, was worth 94,540. In this transaction Chairman, CEO and President of this company bought 20,000 shares at a rate of $4.73, taking the stock ownership to the 641,812 shares. Before that another transaction happened on Aug 16 ’23, when Company’s Chairman, CEO and President bought 50,000 for $4.64, making the entire transaction worth $231,950. This insider now owns 621,812 shares in total.
Paramount Group Inc (PGRE) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 70.00% per share during the next fiscal year.
Paramount Group Inc (NYSE: PGRE) Trading Performance Indicators
Check out the current performance indicators for Paramount Group Inc (PGRE). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.36. Likewise, its price to free cash flow for the trailing twelve months is 5.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.20, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.46 in one year’s time.
Technical Analysis of Paramount Group Inc (PGRE)
The latest stats from [Paramount Group Inc, PGRE] show that its last 5-days average volume of 0.74 million was inferior to 1.26 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 74.40%. Additionally, its Average True Range was 0.15.
During the past 100 days, Paramount Group Inc’s (PGRE) raw stochastic average was set at 25.08%, which indicates a significant decrease from 58.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.71% in the past 14 days, which was lower than the 37.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.59, while its 200-day Moving Average is $4.78. Now, the first resistance to watch is $4.74. This is followed by the second major resistance level at $4.85. The third major resistance level sits at $4.90. If the price goes on to break the first support level at $4.58, it is likely to go to the next support level at $4.53. The third support level lies at $4.42 if the price breaches the second support level.
Paramount Group Inc (NYSE: PGRE) Key Stats
There are currently 217,329K shares outstanding in the company with a market cap of 1.01 billion. Presently, the company’s annual sales total 742,790 K according to its annual income of -259,740 K. Last quarter, the company’s sales amounted to 192,470 K and its income totaled -205,550 K.
