Proterra Inc. (NASDAQ: PTRA) is -34.09% lower on its value in year-to-date trading and has touched a low of $4.26 and a high of $12.18 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PTRA stock was last observed hovering at around $5.70 in the last trading session, with the day’s gains setting it 0.12% off its average median price target of $7.50 for the next 12 months. It is also 41.8% off the consensus price target high of $10.00 offered by analysts, but current levels are -16.4% lower than the price target low of $5.00 for the same period.
Currently trading at $5.82, the stock is -4.96% and 4.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.97 million and changing 2.11% at the moment leaves the stock -5.92% off its SMA200. PTRA registered -48.31% loss for a year compared to 6-month loss of 0.00%.
The stock witnessed a 6.01% gain in the last 1 month and extending the period to 3 months gives it a -9.63%, and is -9.77% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.54% over the week and 7.26% over the month.
Proterra Inc. (PTRA) has around 870 employees, a market worth around $1.53B and $297.80M in sales. Profit margin for the company is -83.30%. Distance from 52-week low is 36.62% and -52.22% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.40%).
Proterra Inc. (PTRA) Analyst Forecasts
The EPS is expected to shrink by -112.80% this year
Proterra Inc. (PTRA) Top Institutional Holders
The shares outstanding are 223.75M, and float is at 208.98M with Short Float at 5.73%.
Proterra Inc. (PTRA) Insider Activity
A total of 6 insider transactions have happened at Proterra Inc. (PTRA) in the last six months, with sales accounting for 4 and purchases happening 2 times. The most recent transaction is an insider sale by Covington JoAnn, the company’s Chief Legal Officer, Secy. SEC filings show that Covington JoAnn sold 52,446 shares of the company’s common stock on Nov 14 at a price of $7.51 per share for a total of $0.39 million. Following the sale, the insider now owns 0.13 million shares.
Proterra Inc. disclosed in a document filed with the SEC on Sep 02 that Covington JoAnn (Chief Legal Officer, Secy) sold a total of 3,492 shares of the company’s common stock. The trade occurred on Sep 02 and was made at $6.09 per share for $21266.0. Following the transaction, the insider now directly holds 0.13 million shares of the PTRA stock.
Still, SEC filings show that on Aug 26, Joyce Gareth T (CEO and President) disposed off 3,395 shares at an average price of $6.25 for $21206.0. The insider now directly holds 377,806 shares of Proterra Inc. (PTRA).