Pagaya Technologies Ltd (PGY) went up 20.00% yesterday: Is this the Most Sought-After Stock Today?

As on Thursday, Pagaya Technologies Ltd (NASDAQ: PGY) got off with the flyer as it spiked 20.00% to $12.60, before settling in for the price of $10.50 at the close. Taking a more long-term approach, PGY posted a 52-week range of $8.56-$33.96.

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The Technology sector firm’s twelve-monthly sales growth has been 150.83% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 122.07%. This publicly-traded company’s shares outstanding now amounts to $49.39 million, simultaneously with a float of $33.24 million. The organization now has a market capitalization sitting at $888.05 million. At the time of writing, stock’s 50-day Moving Average stood at $11.60, while the 200-day Moving Average is $16.88.

Pagaya Technologies Ltd (PGY) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Software – Infrastructure industry. Pagaya Technologies Ltd’s current insider ownership accounts for 52.84%, in contrast to 17.92% institutional ownership. According to the most recent insider trade that took place on Apr 05 ’24, this organization’s President bought 22,727 shares at the rate of 10.57, making the entire transaction reach 240,336 in total value, affecting insider ownership by 22,727. Preceding that transaction, on Apr 05 ’24, Company’s Chief People Officer bought 10,000 for 10.47, making the whole transaction’s value amount to 104,723. This particular insider is now the holder of 28,818 in total.

Pagaya Technologies Ltd (PGY) Earnings and Revenue Records

Pagaya Technologies Ltd’s EPS increase for this current 12-month fiscal period is 122.07% and is forecasted to reach 1.19 in the upcoming year.

Pagaya Technologies Ltd (NASDAQ: PGY) Trading Performance Indicators

Let’s observe the current performance indicators for Pagaya Technologies Ltd (PGY). It’s Quick Ratio in the last reported quarter now stands at 4.05. The Stock has managed to achieve an average true range (ATR) of 0.86. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.15.

In the same vein, PGY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.40, a figure that is expected to reach 0.12 in the next quarter, and analysts are predicting that it will be 1.19 at the market close of one year from today.

Technical Analysis of Pagaya Technologies Ltd (PGY)

Through scrutinizing the latest numbers posted by the [Pagaya Technologies Ltd, PGY], it can be observed that its last 5-days Average volume of 1.51 million was better the volume of 1.23 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 73.81% While, its Average True Range was 0.87.

Raw Stochastic average of Pagaya Technologies Ltd (PGY) in the period of the previous 100 days is set at 33.83%, which indicates a major fall in contrast to 86.70% 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 89.56% that was lower than 96.10% volatility it exhibited in the past 100-days period.