PACS Group Inc (NYSE: PACS) on Monday, plunged -7.34% from the previous trading day, before settling in for the closing price of $9.26. Within the past 52 weeks, PACS’s price has moved between $8.87 and $43.92.
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The company achieved an average annual earnings per share of 11.63%. With a float of $38.64 million, this company’s outstanding shares have now reached $152.40 million.
In terms of profitability, gross margin is 14.65%, operating margin of 4.22%, and the pretax margin is 3.17%.
PACS Group Inc (PACS) Insider Activity
Observing investor behavior towards Medical Care Facilities industry stocks is more important than anything else. The insider ownership of PACS Group Inc is 75.10%, while institutional ownership is 31.48%. The most recent insider transaction that took place on Sep 09 ’24, was worth 294,652,760. In this transaction Co-Founder & Exec. Vice Chair. of this company sold 8,128,352 shares at a rate of $36.25, taking the stock ownership to the 45,126,199 shares. Before that another transaction happened on Sep 09 ’24, when Company’s Co-Founder, CEO & Chairman sold 8,128,352 for $36.25, making the entire transaction worth $294,652,760. This insider now owns 45,126,199 shares in total.
PACS Group Inc (PACS) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.63% per share during the next fiscal year.
PACS Group Inc (NYSE: PACS) Trading Performance Indicators
PACS Group Inc (PACS) is currently performing well based on its current performance indicators. A quick ratio of 1.71 was reported for the most recent quarter.
Technical Analysis of PACS Group Inc (PACS)
Analysing the last 5-days average volume posted by the [PACS Group Inc, PACS], we can find that recorded value of 0.87 million was better than the volume posted last year of 0.56 million. As of the previous 9 days, the stock’s Stochastic %D was 21.06%. Additionally, its Average True Range was 0.65.
During the past 100 days, PACS Group Inc’s (PACS) raw stochastic average was set at 3.37%, which indicates a significant decrease from 9.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.19% in the past 14 days, which was higher than the 43.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.77, while its 200-day Moving Average is $24.15. Now, the first resistance to watch is $9.13. This is followed by the second major resistance level at $9.67. The third major resistance level sits at $10.10. If the price goes on to break the first support level at $8.16, it is likely to go to the next support level at $7.73. Should the price break the second support level, the third support level stands at $7.19.
PACS Group Inc (NYSE: PACS) Key Stats
Market capitalization of the company is 1.33 billion based on 152,400K outstanding shares. Right now, sales total 3,111 M and income totals 112,870 K. The company made 981,850 K in profit during its latest quarter, and -10,910 K in sales during its previous quarter.
