Paramount Global (NASDAQ: PARA) kicked off on Monday, down -1.65% from the previous trading day, before settling in for the closing price of $10.94. Over the past 52 weeks, PARA has traded in a range of $9.54-$14.54.
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Communication Services Sector giant saw their annual sales surged by 1.81% over the last five years. While this was happening, its average annual earnings per share was recorded -9.33%. With a float of $593.98 million, this company’s outstanding shares have now reached $630.00 million.
The firm has a total of 22100 workers. Let’s measure their productivity. In terms of profitability, gross margin is 29.29%, operating margin of 2.79%, and the pretax margin is -21.14%.
Paramount Global (PARA) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Entertainment Industry. The insider ownership of Paramount Global is 11.44%, while institutional ownership is 72.34%. The most recent insider transaction that took place on Nov 12 ’24, was worth 973,047. In this transaction Office of the CEO of this company sold 85,355 shares at a rate of $11.40, taking the stock ownership to the 0 shares. Before that another transaction happened on Nov 12 ’24, when Company’s Trustee is Officer proposed sale 85,355 for $11.40, making the entire transaction worth $973,124.
Paramount Global (PARA) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -9.33% per share during the next fiscal year.
Paramount Global (NASDAQ: PARA) Trading Performance Indicators
Take a look at Paramount Global’s (PARA) current performance indicators. Last quarter, stock had a quick ratio of 1.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.26. Likewise, its price to free cash flow for the trailing twelve months is 15.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -9.32, a number that is poised to hit 0.28 in the next quarter and is forecasted to reach 1.59 in one year’s time.
Technical Analysis of Paramount Global (PARA)
Analysing the last 5-days average volume posted by the [Paramount Global, PARA], we can find that recorded value of 7.22 million was lower than the volume posted last year of 9.26 million. As of the previous 9 days, the stock’s Stochastic %D was 36.28%. Additionally, its Average True Range was 0.39.
During the past 100 days, Paramount Global’s (PARA) raw stochastic average was set at 25.21%, which indicates a significant increase from 18.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.66% in the past 14 days, which was higher than the 29.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.35, while its 200-day Moving Average is $10.94. Now, the first resistance to watch is $10.89. This is followed by the second major resistance level at $11.01. The third major resistance level sits at $11.09. If the price goes on to break the first support level at $10.68, it is likely to go to the next support level at $10.60. Now, if the price goes above the second support level, the third support stands at $10.48.
Paramount Global (NASDAQ: PARA) Key Stats
The company with the Market Capitalisation of 7.69 billion has total of 666,975K Shares Outstanding. Its annual sales at the moment are 29,213 M in contrast with the sum of -6,190 M annual income. Company’s last quarter sales were recorded 7,984 M and last quarter income was -224,000 K.
