Porch Group Inc (NASDAQ: PRCH) on Friday, plunged -9.98% from the previous trading day, before settling in for the closing price of $4.81. Within the past 52 weeks, PRCH’s price has moved between $1.05 and $6.03.
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Technology Sector giant saw their annual sales surged by 66.37% over the last five years. The company achieved an average annual earnings per share of 59.95%. With a float of $60.68 million, this company’s outstanding shares have now reached $118.90 million.
The firm has a total of 895 workers. Let’s measure their productivity. 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 Activity
Observing investor behavior towards Software – Application industry stocks is more important than anything else. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 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
Porch Group Inc (PRCH) is currently performing well based on its current performance indicators. A quick ratio of 0.79 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.98.
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)
Analysing the last 5-days average volume posted by the [Porch Group Inc, PRCH], we can find that recorded value of 1.05 million was lower than the volume posted last year of 1.08 million. As of the previous 9 days, the stock’s Stochastic %D was 43.26%. Additionally, its Average True Range was 0.40.
During the past 100 days, Porch Group Inc’s (PRCH) raw stochastic average was set at 64.29%, which indicates a significant increase from 9.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.39% in the past 14 days, which was lower than the 158.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.84, while its 200-day Moving Average is $2.74. Now, the first resistance to watch is $4.73. This is followed by the second major resistance level at $5.12. The third major resistance level sits at $5.33. If the price goes on to break the first support level at $4.13, it is likely to go to the next support level at $3.92. Should the price break the second support level, the third support level stands at $3.53.
Porch Group Inc (NASDAQ: PRCH) Key Stats
Market capitalization of the company is 442.66 million based on 119,544K outstanding shares. Right now, sales total 430,300 K and income totals -133,930 K. The company made 111,200 K in profit during its latest quarter, and 14,380 K in sales during its previous quarter.
