On Monday, Porch Group Inc (NASDAQ: PRCH) opened higher 3.01% from the last session, before settling in for the closing price of $3.66. Price fluctuations for PRCH have ranged from $1.05 to $4.78 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 66.37%. Company’s average yearly earnings per share was noted 59.95% at the time writing. With a float of $59.38 million, this company’s outstanding shares have now reached $118.90 million.
The extent of productivity of a business whose workforce counts for 895 workers is very important to gauge. In terms of profitability, gross margin is 39.74%, operating margin of -14.93%, and the pretax margin is -14.27%.
Porch Group Inc (PRCH) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Porch Group Inc is 41.34%, while institutional ownership is 51.47%. The most recent insider transaction that took place on Oct 28 ’24, was worth 30,032. In this transaction CHIEF FINANCIAL OFFICER of this company sold 15,000 shares at a rate of $2.00, taking the stock ownership to the 278,298 shares. Before that another transaction happened on Oct 28 ’24, when Company’s Officer proposed sale 15,000 for $1.96, making the entire transaction worth $29,380.
Porch Group Inc (PRCH) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.04 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.08) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 59.95% per share during the next fiscal year.
Porch Group Inc (NASDAQ: PRCH) Trading Performance Indicators
Check out the current performance indicators for Porch Group Inc (PRCH). In the past quarter, the stock posted a quick ratio of 0.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.70, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach -0.75 in one year’s time.
Technical Analysis of Porch Group Inc (PRCH)
The latest stats from [Porch Group Inc, PRCH] show that its last 5-days average volume of 1.36 million was inferior to 1.5 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 66.69%. Additionally, its Average True Range was 0.36.
During the past 100 days, Porch Group Inc’s (PRCH) raw stochastic average was set at 86.21%, which indicates a significant increase from 70.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 112.69% in the past 14 days, which was lower than the 165.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.19, while its 200-day Moving Average is $2.38. Now, the first resistance to watch is $3.87. This is followed by the second major resistance level at $3.98. The third major resistance level sits at $4.09. If the price goes on to break the first support level at $3.66, it is likely to go to the next support level at $3.55. The third support level lies at $3.45 if the price breaches the second support level.
Porch Group Inc (NASDAQ: PRCH) Key Stats
There are currently 119,544K shares outstanding in the company with a market cap of 381.64 million. Presently, the company’s annual sales total 430,300 K according to its annual income of -133,930 K. Last quarter, the company’s sales amounted to 111,200 K and its income totaled 14,380 K.
