A new trading day began on Monday, with Porch Group Inc (NASDAQ: PRCH) stock price down -6.53% from the previous day of trading, before settling in for the closing price of $5.51. PRCH’s price has ranged from $1.05 to $5.70 over the past 52 weeks.
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Annual sales at Technology sector company grew by 66.37% over the past five years. Meanwhile, its annual earnings per share averaged 59.95%. With a float of $59.34 million, this company’s outstanding shares have now reached $118.90 million.
Let’s look at the performance matrix of the company that is accounted for 895 employees. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Porch Group Inc is 41.38%, while institutional ownership is 51.51%. The most recent insider transaction that took place on Dec 06 ’24, was worth 63,510. Before that another transaction happened on Oct 28 ’24, when Company’s CHIEF FINANCIAL OFFICER sold 15,000 for $2.00, making the entire transaction worth $30,032. This insider now owns 278,298 shares in total.
Porch Group Inc (PRCH) Latest Financial update
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
Here are Porch Group Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.15.
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 -0.63 in one year’s time.
Technical Analysis of Porch Group Inc (PRCH)
Porch Group Inc (NASDAQ: PRCH) saw its 5-day average volume 5.77 million, a positive change from its year-to-date volume of 1.59 million. As of the previous 9 days, the stock’s Stochastic %D was 75.65%. Additionally, its Average True Range was 0.54.
During the past 100 days, Porch Group Inc’s (PRCH) raw stochastic average was set at 88.17%, which indicates a significant increase from 81.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 192.51% in the past 14 days, which was higher than the 178.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.56, while its 200-day Moving Average is $2.44. Nevertheless, the first resistance level for the watch stands at $5.53 in the near term. At $5.90, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.10. If the price goes on to break the first support level at $4.95, it is likely to go to the next support level at $4.75. The third support level lies at $4.38 if the price breaches the second support level.
Porch Group Inc (NASDAQ: PRCH) Key Stats
With a market capitalization of 521.34 million, the company has a total of 119,544K Shares Outstanding. Currently, annual sales are 430,300 K while annual income is -133,930 K. The company’s previous quarter sales were 111,200 K while its latest quarter income was 14,380 K.
