Progyny Inc (PGNY) volume exceeds 1.38 million: A new investment opportunity for investors

On Friday, Progyny Inc (NASDAQ: PGNY) opened higher 3.14% from the last session, before settling in for the closing price of $14.97. Price fluctuations for PGNY have ranged from $13.39 to $42.08 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 Healthcare sector was 61.75%. Company’s average yearly earnings per share was noted -12.26% at the time writing. With a float of $72.28 million, this company’s outstanding shares have now reached $95.73 million.

Considering the fact that the conglomerate employs 566 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 21.68%, operating margin of 5.75%, and the pretax margin is 7.18%.

Progyny Inc (PGNY) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Health Information Services industry is another important factor to consider. The insider ownership of Progyny Inc is 15.12%, while institutional ownership is 90.18%. The most recent insider transaction that took place on Jul 16 ’24, was worth 270,900. In this transaction PRESIDENT of this company sold 9,030 shares at a rate of $30.00, taking the stock ownership to the 362,583 shares. Before that another transaction happened on Jun 28 ’24, when Company’s Director sold 1,462 for $28.39, making the entire transaction worth $41,506. This insider now owns 10,098 shares in total.

Progyny Inc (PGNY) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.13 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.11) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.38 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -12.26% per share during the next fiscal year.

Progyny Inc (NASDAQ: PGNY) Trading Performance Indicators

Check out the current performance indicators for Progyny Inc (PGNY). In the past quarter, the stock posted a quick ratio of 2.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.19. Likewise, its price to free cash flow for the trailing twelve months is 8.45.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.58, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.61 in one year’s time.

Technical Analysis of Progyny Inc (PGNY)

Compared to the last year’s volume of 1.4 million, its volume of 1.63 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 35.25%. Additionally, its Average True Range was 0.77.

During the past 100 days, Progyny Inc’s (PGNY) raw stochastic average was set at 12.04%, which indicates a significant decrease from 51.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 100.00% in the past 14 days, which was higher than the 86.38% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $16.40, while its 200-day Moving Average is $26.61. Nevertheless, the first resistance level for the watch stands at $15.75 in the near term. At $16.06, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.41. If the price goes on to break the first support level at $15.09, it is likely to go to the next support level at $14.74. Now, if the price goes above the second support level, the third support stands at $14.43.

Progyny Inc (NASDAQ: PGNY) Key Stats

There are currently 85,153K shares outstanding in the company with a market cap of 1.36 billion. Presently, the company’s annual sales total 1,089 M according to its annual income of 62,040 K. Last quarter, the company’s sales amounted to 286,630 K and its income totaled 10,420 K.