A new trading day began on Friday, with Pagaya Technologies Ltd (NASDAQ: PGY) stock price up 5.46% from the previous day of trading, before settling in for the closing price of $9.16. PGY’s price has 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. Meanwhile, its annual earnings per share averaged -21.26%. With a float of $37.95 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 Updates
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 48.46%, while institutional ownership is 32.60%. The most recent insider transaction that took place on Jan 17 ’25, was worth 64,446. In this transaction President of this company sold 7,282 shares at a rate of $8.85, taking the stock ownership to the 91,163 shares. Before that another transaction happened on Jan 02 ’25, when Company’s Chief Development Officer sold 21,547 for $9.97, making the entire transaction worth $214,824. This insider now owns 73,550 shares in total.
Pagaya Technologies Ltd (PGY) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 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
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 0.76. Likewise, its price to free cash flow for the trailing twelve months is 20.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.53, a number that is poised to hit -0.49 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 1.16 million, a negative change from its year-to-date volume of 1.5 million. As of the previous 9 days, the stock’s Stochastic %D was 75.31%. Additionally, its Average True Range was 0.65.
During the past 100 days, Pagaya Technologies Ltd’s (PGY) raw stochastic average was set at 16.22%, which indicates a significant decrease from 52.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.44% in the past 14 days, which was lower than the 109.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.72, while its 200-day Moving Average is $11.51. Nevertheless, the first resistance level for the watch stands at $10.02 in the near term. At $10.37, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.83. If the price goes on to break the first support level at $9.21, it is likely to go to the next support level at $8.75. Assuming the price breaks the second support level, the third support level stands at $8.40.
Pagaya Technologies Ltd (NASDAQ: PGY) Key Stats
With a market capitalization of 711.51 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.
