On Tuesday, Porch Group Inc (NASDAQ: PRCH) opened higher 8.32% from the last session, before settling in for the closing price of $4.81. Price fluctuations for PRCH have ranged from $1.05 to $6.03 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 66.37% annually for the last half of the decade. Company’s average yearly earnings per share was noted 59.95% at the time writing. With a float of $60.68 million, this company’s outstanding shares have now reached $118.90 million.
In an organization with 895 employees, it is important to assess its efficiency. 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
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Porch Group Inc is 40.65%, while institutional ownership is 57.14%. The most recent insider transaction that took place on Dec 16 ’24, was worth 130,705. In this transaction CHIEF FINANCIAL OFFICER of this company sold 21,774 shares at a rate of $6.00, taking the stock ownership to the 287,839 shares. Before that another transaction happened on Dec 16 ’24, when Company’s Officer proposed sale 21,774 for $5.96, making the entire transaction worth $129,759.
Porch Group Inc (PRCH) Latest Financial update
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
Check out the current performance indicators for Porch Group Inc (PRCH). In the past quarter, the stock posted a quick ratio of 0.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.18.
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 -0.61 in one year’s time.
Technical Analysis of Porch Group Inc (PRCH)
Let’s dig in a bit further. During the last 5-days, its volume was 1.2 million. That was better than the volume of 1.09 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 75.42%. Additionally, its Average True Range was 0.38.
During the past 100 days, Porch Group Inc’s (PRCH) raw stochastic average was set at 82.72%, which indicates a significant decrease from 85.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.77% in the past 14 days, which was lower than the 156.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.86, while its 200-day Moving Average is $2.71. However, in the short run, Porch Group Inc’s stock first resistance to watch stands at $5.50. Second resistance stands at $5.79. The third major resistance level sits at $6.18. If the price goes on to break the first support level at $4.82, it is likely to go to the next support level at $4.43. The third support level lies at $4.14 if the price breaches the second support level.
Porch Group Inc (NASDAQ: PRCH) Key Stats
There are currently 119,544K shares outstanding in the company with a market cap of 532.63 million. Presently, the company’s annual sales total 430,300 K according to its annual income of -133,930 K. Last quarter, the company’s sales amounted to 111,200 K and its income totaled 14,380 K.
