A new trading day began on Monday, with Prenetics Global Limited (NASDAQ: PRE) stock price down -21.96% from the previous day of trading, before settling in for the closing price of $16.76. PRE’s price has ranged from $3.09 to $17.99 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged 27.27%. With a float of $8.63 million, this company’s outstanding shares have now reached $10.50 million.
Prenetics Global Limited (PRE) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Diagnostics & Research Industry. The insider ownership of Prenetics Global Limited is 33.80%, while institutional ownership is 6.20%.
Prenetics Global Limited (PRE) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.84 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 27.27% per share during the next fiscal year.
Prenetics Global Limited (NASDAQ: PRE) Trading Performance Indicators
Here are Prenetics Global Limited’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.95, a number that is poised to hit -0.53 in the next quarter and is forecasted to reach -0.06 in one year’s time.
Technical Analysis of Prenetics Global Limited (PRE)
Let’s dig in a bit further. During the last 5-days, its volume was 0.29 million. That was better than the volume of 54476.0 it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 57.26%.
During the past 100 days, Prenetics Global Limited’s (PRE) raw stochastic average was set at 55.81%, which indicates a significant increase from 11.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.45 in the past 14 days, which was higher than the 0.87 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.67, while its 200-day Moving Average is $7.62. However, in the short run, Prenetics Global Limited’s stock first resistance to watch stands at $14.19. Second resistance stands at $15.31. The third major resistance level sits at $16.19. If the price goes on to break the first support level at $12.19, it is likely to go to the next support level at $11.31. Assuming the price breaks the second support level, the third support level stands at $10.19.
Prenetics Global Limited (NASDAQ: PRE) Key Stats
With a market capitalization of 170.48 million, the company has a total of 12,985K Shares Outstanding. Currently, annual sales are 30,620 K while annual income is -46,300 K. The company’s previous quarter sales were 17,680 K while its latest quarter income was -12,410 K.
