Pagaya Technologies Ltd (PGY) 14-day ATR is 1.37: This Stock is Set to Soar Above its Peers

As on Thursday, Pagaya Technologies Ltd (NASDAQ: PGY) started slowly as it slid -6.97% to $9.47, before settling in for the price of $10.18 at the close. Taking a more long-term approach, PGY posted a 52-week range of $8.56-$20.50.

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It was noted that the giant of the Technology sector posted annual sales growth of 150.83% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is -19.64%. This publicly-traded company’s shares outstanding now amounts to $49.39 million, simultaneously with a float of $35.46 million. The organization now has a market capitalization sitting at $689.61 million. At the time of writing, stock’s 50-day Moving Average stood at $11.57, while the 200-day Moving Average is $12.47.

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 51.30%, in contrast to 28.21% institutional ownership. According to the most recent insider trade that took place on Nov 11 ’24, this organization’s Chief Business Officer sold 150,000 shares at the rate of 15.50, making the entire transaction reach 2,324,790 in total value, affecting insider ownership by 161,637. Preceding that transaction, on Nov 11 ’24, Company’s Chief Technology Officer sold 150,000 for 15.50, making the whole transaction’s value amount to 2,325,165. This particular insider is now the holder of 283,125 in total.

Pagaya Technologies Ltd (PGY) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.

Pagaya Technologies Ltd’s EPS decrease for this current 12-month fiscal period is -19.64% and is forecasted to reach 0.56 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 1.17. The Stock has managed to achieve an average true range (ATR) of 1.37. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.73. Similarly, its price to free cash flow for trailing twelve months is now 19.70.

In the same vein, PGY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.53, a figure that is expected to reach -0.28 in the next quarter, and analysts are predicting that it will be 0.56 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 6.84 million was better the volume of 1.39 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 3.62% While, its Average True Range was 1.61.

Raw Stochastic average of Pagaya Technologies Ltd (PGY) in the period of the previous 100 days is set at 2.77%, which indicates a major rise in contrast to 0.26% 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 219.70% that was higher than 117.88% volatility it exhibited in the past 100-days period.