Pagaya Technologies Ltd (NASDAQ: PGY) is -14.55% lower on its value in year-to-date trading and has touched a low of $8.56 and a high of $33.96 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 $15.28 in the last trading session, with the day’s loss setting it -1.13%.
Currently trading at $14.15, the stock is 4.24% and 12.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing -7.40% at the moment leaves the stock 2.21% off its SMA200. PGY registered -38.59% loss for a year compared to 6-month loss of -0.07%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 18.51% gain in the last 1 month and extending the period to 3 months gives it a 53.14%, and is -3.68% 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 7.22% over the week and 6.04% over the month.
Pagaya Technologies Ltd (PGY) has around 712 employees, a market worth around $1.00B and $834.56M in sales. Fwd P/E is 30.87. Profit margin for the company is -10.63%. Distance from 52-week low is 65.30% and -58.33% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.46%).
The EPS is expected to grow by 98.61% this year
The shares outstanding are 49.39M, and float is at 33.65M with Short Float at 4.16%.
Pagaya Technologies Ltd (PGY) Insider Activity
The most recent transaction is an insider sale by Perros Evangelos, the company’s Chief Financial Officer. SEC filings show that Perros Evangelos sold 11,293 shares of the company’s common stock on Jun 25 ’24 at a price of $12.15 per share for a total of $0.14 million. Following the sale, the insider now owns 0.0 shares.
Pagaya Technologies Ltd disclosed in a document filed with the SEC on Jun 20 ’24 that Torraco Nicole (Director) sold a total of 4,743 shares of the company’s common stock. The trade occurred on Jun 20 ’24 and was made at $12.04 per share for $57098.0. Following the transaction, the insider now directly holds 0.0 shares of the PGY stock.
Still, SEC filings show that on May 16 ’24, Bower Scott (Deputy Chief Financial Officer) disposed off 3,155 shares at an average price of $11.90 for $37544.0. The insider now directly holds 6,854 shares of Pagaya Technologies Ltd (PGY).
