Patria Investments Ltd (NASDAQ: PAX) kicked off on Tuesday, down -0.91% from the previous trading day, before settling in for the closing price of $10.93. Over the past 52 weeks, PAX has traded in a range of $10.75-$16.16.
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During the last 5-year period, the sales growth of Financial Sector giant was 30.25%. While this was happening, its average annual earnings per share was recorded -14.36%. With a float of $58.92 million, this company’s outstanding shares have now reached $152.71 million.
Let’s determine the extent of company efficiency that accounts for 430 employees. In terms of profitability, gross margin is 68.37%, operating margin of 35.38%, and the pretax margin is 29.49%.
Patria Investments Ltd (PAX) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Asset Management Industry. The insider ownership of Patria Investments Ltd is 61.42%, while institutional ownership is 31.45%.
Patria Investments Ltd (PAX) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.23 earnings per share (EPS), lower than consensus estimate (set at 0.35) by -0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -14.36% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.20% during the next five years compared to 19.58% growth over the previous five years of trading.
Patria Investments Ltd (NASDAQ: PAX) Trading Performance Indicators
Take a look at Patria Investments Ltd’s (PAX) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.78, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 1.47 in one year’s time.
Technical Analysis of Patria Investments Ltd (PAX)
Looking closely at Patria Investments Ltd (NASDAQ: PAX), its last 5-days average volume was 1.05 million, which is a jump from its year-to-date volume of 0.4 million. As of the previous 9 days, the stock’s Stochastic %D was 14.78%. Additionally, its Average True Range was 0.29.
During the past 100 days, Patria Investments Ltd’s (PAX) raw stochastic average was set at 2.28%, which indicates a significant decrease from 5.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.93% in the past 14 days, which was lower than the 27.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.04, while its 200-day Moving Average is $13.55. However, in the short run, Patria Investments Ltd’s stock first resistance to watch stands at $10.96. Second resistance stands at $11.08. The third major resistance level sits at $11.17. If the price goes on to break the first support level at $10.75, it is likely to go to the next support level at $10.66. Should the price break the second support level, the third support level stands at $10.54.
Patria Investments Ltd (NASDAQ: PAX) Key Stats
The company with the Market Capitalisation of 1.65 billion has total of 58,863K Shares Outstanding. Its annual sales at the moment are 327,620 K in contrast with the sum of 118,400 K annual income. Company’s last quarter sales were recorded 75,000 K and last quarter income was 800 K.
