As on Wednesday, Paramount Global (NASDAQ: PARA) got off with the flyer as it spiked 0.92% to $11.02, before settling in for the price of $10.92 at the close. Taking a more long-term approach, PARA posted a 52-week range of $9.54-$17.50.
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It was noted that the giant of the Communication Services sector posted annual sales growth of 1.92% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 252.35%. This publicly-traded company’s shares outstanding now amounts to $626.00 million, simultaneously with a float of $591.56 million. The organization now has a market capitalization sitting at $7.84 billion. At the time of writing, stock’s 50-day Moving Average stood at $10.72, while the 200-day Moving Average is $11.16.
Paramount Global (PARA) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Entertainment industry. Paramount Global’s current insider ownership accounts for 11.31%, in contrast to 72.49% institutional ownership. According to the most recent insider trade that took place on Nov 12 ’24, this organization’s Office of the CEO sold 85,355 shares at the rate of 11.40, making the entire transaction reach 973,047 in total value, affecting insider ownership by 0.
Paramount Global (PARA) Earnings and Revenue Records
Paramount Global’s EPS increase for this current 12-month fiscal period is 252.35% and is forecasted to reach 1.58 in the upcoming year.
Paramount Global (NASDAQ: PARA) Trading Performance Indicators
Let’s observe the current performance indicators for Paramount Global (PARA). It’s Quick Ratio in the last reported quarter now stands at 1.10. The Stock has managed to achieve an average true range (ATR) of 0.32. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.27. Similarly, its price to free cash flow for trailing twelve months is now 10.28.
In the same vein, PARA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -8.89, a figure that is expected to reach 0.23 in the next quarter, and analysts are predicting that it will be 1.58 at the market close of one year from today.
Technical Analysis of Paramount Global (PARA)
Through scrutinizing the latest numbers posted by the [Paramount Global, PARA], it can be observed that its last 5-days Average volume of 7.03 million was lower the volume of 14.79 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 68.77% While, its Average True Range was 0.33.
Raw Stochastic average of Paramount Global (PARA) in the period of the previous 100 days is set at 52.97%, which indicates a major fall in contrast to 67.57% 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 41.56% that was higher than 32.35% volatility it exhibited in the past 100-days period.
