Porch Group Inc (NASDAQ: PRCH) on Tuesday, plunged -4.99% from the previous trading day, before settling in for the closing price of $10.63. Within the past 52 weeks, PRCH’s price has moved between $1.05 and $11.35.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Technology sector has jumped its sales by 53.45% annually for the last half of the decade. The company achieved an average annual earnings per share of 60.29%. With a float of $61.10 million, this company’s outstanding shares have now reached $120.14 million.
In an organization with 733 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 53.39%, operating margin of -7.16%, and the pretax margin is -3.02%.
Porch Group Inc (PRCH) Insider Updates
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Porch Group Inc is 40.80%, while institutional ownership is 63.34%. The most recent insider transaction that took place on May 12 ’25, was worth 2,558,475. In this transaction Chief Operating Officer of this company sold 250,000 shares at a rate of $10.23, taking the stock ownership to the 1,198,080 shares. Before that another transaction happened on May 12 ’25, when Company’s Officer proposed sale 250,000 for $10.31, making the entire transaction worth $2,577,500.
Porch Group Inc (PRCH) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 60.29% 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 1.52 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 2.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.20, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach 0.09 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 3.55 million. That was better than the volume of 2.62 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 64.28%. Additionally, its Average True Range was 1.02.
During the past 100 days, Porch Group Inc’s (PRCH) raw stochastic average was set at 75.24%, which indicates a significant increase from 67.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 219.39% in the past 14 days, which was higher than the 148.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.97, while its 200-day Moving Average is $4.18. However, in the short run, Porch Group Inc’s stock first resistance to watch stands at $11.70. Second resistance stands at $13.30. The third major resistance level sits at $14.40. If the price goes on to break the first support level at $9.00, it is likely to go to the next support level at $7.90. Assuming the price breaks the second support level, the third support level stands at $6.30.
Porch Group Inc (NASDAQ: PRCH) Key Stats
Market capitalization of the company is 1.04 billion based on 120,064K outstanding shares. Right now, sales total 437,850 K and income totals -32,830 K. The company made 104,750 K in profit during its latest quarter, and 3,740 K in sales during its previous quarter.
