A new trading day began on Tuesday, with Pagaya Technologies Ltd (NASDAQ: PGY) stock price down -4.63% from the previous day of trading, before settling in for the closing price of $10.81. PGY’s price has ranged from $8.20 to $20.50 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 150.83% over the last five years. Meanwhile, its annual earnings per share averaged -19.64%. With a float of $37.84 million, this company’s outstanding shares have now reached $60.16 million.
The firm has a total of 712 workers. Let’s measure their productivity. In terms of profitability, gross margin is 38.9%, operating margin of 3.18%, and the pretax margin is -20.82%.
Pagaya Technologies Ltd (PGY) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Pagaya Technologies Ltd is 48.63%, while institutional ownership is 32.31%. The most recent insider transaction that took place on Nov 15 ’24, was worth 21,161. In this transaction Director of this company sold 2,371 shares at a rate of $8.92, taking the stock ownership to the 9,487 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Director proposed sale 2,371 for $9.47, making the entire transaction worth $22,453.
Pagaya Technologies Ltd (PGY) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -19.64% per share during the next fiscal year.
Pagaya Technologies Ltd (NASDAQ: PGY) Trading Performance Indicators
Here are Pagaya Technologies Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.81. Likewise, its price to free cash flow for the trailing twelve months is 21.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.53, a number that is poised to hit -0.28 in the next quarter and is forecasted to reach 0.56 in one year’s time.
Technical Analysis of Pagaya Technologies Ltd (PGY)
Analysing the last 5-days average volume posted by the [Pagaya Technologies Ltd, PGY], we can find that recorded value of 1.33 million was lower than the volume posted last year of 1.41 million. As of the previous 9 days, the stock’s Stochastic %D was 82.69%. Additionally, its Average True Range was 0.94.
During the past 100 days, Pagaya Technologies Ltd’s (PGY) raw stochastic average was set at 23.44%, which indicates a significant decrease from 61.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.82% in the past 14 days, which was lower than the 119.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.95, while its 200-day Moving Average is $12.22. Now, the first resistance to watch is $10.75. This is followed by the second major resistance level at $11.19. The third major resistance level sits at $11.45. If the price goes on to break the first support level at $10.05, it is likely to go to the next support level at $9.79. Should the price break the second support level, the third support level stands at $9.35.
Pagaya Technologies Ltd (NASDAQ: PGY) Key Stats
With a market capitalization of 759.39 million, the company has a total of 73,656K Shares Outstanding. Currently, annual sales are 812,050 K while annual income is -128,440 K. The company’s previous quarter sales were 257,230 K while its latest quarter income was -67,480 K.
