On Tuesday, Pagaya Technologies Ltd (NASDAQ: PGY) opened lower -0.70% from the last session, before settling in for the closing price of $8.60. Price fluctuations for PGY have ranged from $8.20 to $20.00 over the past 52 weeks.
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Annual sales at Technology sector company grew by 150.83% over the past five years. Company’s average yearly earnings per share was noted -21.26% at the time writing. With a float of $37.98 million, this company’s outstanding shares have now reached $60.16 million.
Let’s look at the performance matrix of the company that is accounted for 712 employees. 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 and Institutional Ownership
A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of Pagaya Technologies Ltd is 48.43%, while institutional ownership is 32.82%. The most recent insider transaction that took place on Jan 02 ’25, was worth 214,824. In this transaction Chief Development Officer of this company sold 21,547 shares at a rate of $9.97, taking the stock ownership to the 73,550 shares. Before that another transaction happened on Jan 02 ’25, when Company’s Chief Financial Officer sold 21,305 for $9.97, making the entire transaction worth $212,411. This insider now owns 54,029 shares in total.
Pagaya Technologies Ltd (PGY) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -21.26% per share during the next fiscal year.
Pagaya Technologies Ltd (NASDAQ: PGY) Trading Performance Indicators
Check out the current performance indicators for Pagaya Technologies Ltd (PGY). In the past quarter, the stock posted a quick ratio of 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.67. Likewise, its price to free cash flow for the trailing twelve months is 17.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.53, a number that is poised to hit -0.36 in the next quarter and is forecasted to reach 0.42 in one year’s time.
Technical Analysis of Pagaya Technologies Ltd (PGY)
Pagaya Technologies Ltd (NASDAQ: PGY) saw its 5-day average volume 1.88 million, a positive change from its year-to-date volume of 1.79 million. As of the previous 9 days, the stock’s Stochastic %D was 13.09%. Additionally, its Average True Range was 0.75.
During the past 100 days, Pagaya Technologies Ltd’s (PGY) raw stochastic average was set at 3.78%, which indicates a significant decrease from 10.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.23% in the past 14 days, which was lower than the 111.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.14, while its 200-day Moving Average is $11.54. Nevertheless, the first resistance level for the watch stands at $8.93 in the near term. At $9.31, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.58. If the price goes on to break the first support level at $8.27, it is likely to go to the next support level at $8.00. The third support level lies at $7.62 if the price breaches the second support level.
Pagaya Technologies Ltd (NASDAQ: PGY) Key Stats
There are currently 73,656K shares outstanding in the company with a market cap of 629.02 million. Presently, the company’s annual sales total 812,050 K according to its annual income of -128,440 K. Last quarter, the company’s sales amounted to 257,230 K and its income totaled -67,480 K.
