PGY Stock Forecast: All the More Reason to Consider Pagaya Technologies Ltd (PGY) Now

Pagaya Technologies Ltd (NASDAQ: PGY) is -20.29% lower on its value in year-to-date trading and has touched a low of $0.78 and a high of $2.83 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 PGY stock was last observed hovering at around $1.10 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $1.10, the stock is -3.34% and -13.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.34 million and changing 0.00% at the moment leaves the stock -25.31% off its SMA200. PGY registered -8.33% loss for a year compared to 6-month loss of -52.38%. The firm has a 50-day simple moving average (SMA 50) of $1.34 and a 200-day simple moving average (SMA200) of -$10.69.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

The stock witnessed a -3.51% gain in the last 1 month and extending the period to 3 months gives it a -17.29%, and is -0.90% 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 6.54% over the week and 9.06% over the month.

Profit margin for the company is -19.99%. Distance from 52-week low is 41.03% and -61.13% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.12%).

Pagaya Technologies Ltd quarterly earnings per share for the current quarter are estimated at -$0.02 with sales reaching $222.4M over the same period.The EPS is expected to grow by 73.33% this year, but quarterly earnings will post 9.00% year-over-year. Quarterly sales are estimated to grow 15.30% in year-over-year returns.

Pagaya Technologies Ltd (PGY) Top Institutional Holders

91 institutions hold shares in Pagaya Technologies Ltd (PGY), with institutional investors hold 57.60% of the company’s shares. The shares outstanding are 508.38M, and float is at 334.50M with Short Float at 0.85%. Institutions hold 42.78% of the Float.

The top institutional shareholder in the company is Viola Ventures V.c. Management 4 Ltd. with over 98.11 million shares valued at $137.35 million. The investor’s holdings represent 18.37% of the PGY Shares outstanding. As of Jun 29, 2023, the second largest holder is Clal Insurance Enterprises Holdings Ltd with 42.72 million shares valued at $59.8 million to account for 8.00% of the shares outstanding. The other top investors are Tiger Global Management, LLC which holds 32.77 million shares representing 6.14% and valued at over $45.88 million, while Ejf Capital Llc holds 2.94% of the shares totaling 15.71 million with a market value of $22.0 million.