A new trading day began on Monday, with Pagaya Technologies Ltd (NASDAQ: PGY) stock price up 4.47% from the previous day of trading, before settling in for the closing price of $12.76. PGY’s price has ranged from $8.56 to $33.96 over the past 52 weeks.
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
Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 150.83%. Meanwhile, its annual earnings per share averaged 98.61%. With a float of $33.65 million, this company’s outstanding shares have now reached $49.39 million.
Considering the fact that the conglomerate employs 712 people, you should pay attention to its efficiency factor.
Pagaya Technologies Ltd (PGY) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Pagaya Technologies Ltd is 52.55%, while institutional ownership is 23.34%. The most recent insider transaction that took place on Jun 25 ’24, was worth 137,166. In this transaction Chief Financial Officer of this company sold 11,293 shares at a rate of $12.15, taking the stock ownership to the 0 shares. Before that another transaction happened on Jun 20 ’24, when Company’s Director sold 4,743 for $12.04, making the entire transaction worth $57,098. This insider now owns 0 shares in total.
Pagaya Technologies Ltd (PGY) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 98.61% per share during the next fiscal year.
Pagaya Technologies Ltd (NASDAQ: PGY) Trading Performance Indicators
Here are Pagaya Technologies Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.13. Likewise, its price to free cash flow for the trailing twelve months is 27.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.64, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.46 in one year’s time.
Technical Analysis of Pagaya Technologies Ltd (PGY)
Compared to the last year’s volume of 1.17 million, its volume of 2.29 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 89.01%. Additionally, its Average True Range was 0.67.
During the past 100 days, Pagaya Technologies Ltd’s (PGY) raw stochastic average was set at 41.70%, which indicates a significant decrease from 80.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.04% in the past 14 days, which was lower than the 92.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.50, while its 200-day Moving Average is $14.28. Nevertheless, the first resistance level for the watch stands at $13.60 in the near term. At $13.88, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.40. If the price goes on to break the first support level at $12.80, it is likely to go to the next support level at $12.28. Now, if the price goes above the second support level, the third support stands at $12.00.
Pagaya Technologies Ltd (NASDAQ: PGY) Key Stats
With a market capitalization of 945.10 million, the company has a total of 70,900K Shares Outstanding. Currently, annual sales are 812,050 K while annual income is -128,440 K. The company’s previous quarter sales were 245,280 K while its latest quarter income was -21,220 K.
