The key reasons why PACS Group Inc (PACS) is -54.85% away from 52-week high?

PACS Group Inc (NYSE: PACS) started the day on Thursday, with a price increase of 9.62% at $19.83, before settling in for the price of $18.09 at the close. Taking a more long-term approach, PACS posted a 52-week range of $16.74-$43.92.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 68.04%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 70.57%. This publicly-traded company’s shares outstanding now amounts to $155.18 million, simultaneously with a float of $37.97 million. The organization now has a market capitalization sitting at $3.08 billion. At the time of writing, stock’s 50-day Moving Average stood at $38.89.

PACS Group Inc (PACS) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Medical Care Facilities Industry. PACS Group Inc’s current insider ownership accounts for 75.53%, in contrast to 19.73% institutional ownership. According to the most recent insider trade that took place on Sep 09 ’24, this organization’s Co-Founder & Exec. Vice Chair. sold 8,128,352 shares at the rate of 36.25, making the entire transaction reach 294,652,760 in total value, affecting insider ownership by 45,126,199. Preceding that transaction, on Sep 09 ’24, Company’s Co-Founder, CEO & Chairman sold 8,128,352 for 36.25, making the whole transaction’s value amount to 294,652,760. This particular insider is now the holder of 45,126,199 in total.

PACS Group Inc (PACS) Earnings and Revenue Records

PACS Group Inc’s EPS increase for this current 12-month fiscal period is 70.57% and is forecasted to reach 1.79 in the upcoming year.

PACS Group Inc (NYSE: PACS) Trading Performance Indicators

Let’s observe the current performance indicators for PACS Group Inc (PACS). It’s Quick Ratio in the last reported quarter now stands at 1.71. The Stock has managed to achieve an average true range (ATR) of 3.37.

Technical Analysis of PACS Group Inc (PACS)

If we take a close look at the recent performances of PACS Group Inc (NYSE: PACS), its last 5-days Average volume was 6.58 million that shows progress from its year to date volume of 0.8 million. During the previous 9 days, stock’s Stochastic %D was recorded 16.61% While, its Average True Range was 4.24.

Raw Stochastic average of PACS Group Inc (PACS) in the period of the previous 100 days is set at 11.37%, which indicates a major rise in contrast to 11.37% 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 237.27% that was higher than 104.17% volatility it exhibited in the past 100-days period.