Profire Energy Inc (NASDAQ: PFIE) is 38.67% higher on its value in year-to-date trading and has touched a low of $1.33 and a high of $2.52 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PFIE stock was last observed hovering at around $2.51 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $2.51, the stock is 24.44% and 41.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing 0.00% at the moment leaves the stock 52.84% off its SMA200. PFIE registered 39.44% gain for a year compared to 6-month gain of 62.46%. The firm has a 50-day simple moving average (SMA 50) of $1.7535 and a 200-day simple moving average (SMA200) of $1.637675.
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The stock witnessed a 53.99% loss in the last 1 month and extending the period to 3 months gives it a 59.87%, and is 0.40% up 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 0.56% over the week and 2.98% over the month.
Profire Energy Inc (PFIE) has around 123 employees, a market worth around $116.00M and $60.38M in sales. Current P/E ratio is 13.44 and Fwd P/E is 13.94. Profit margin for the company is 14.86%. Distance from 52-week low is 88.72% and -0.40% from its 52-week high. The company has generated returns on investments over the last 12 months (14.47%).
The EPS is expected to shrink by -27.27% this year
69.0 institutions hold shares in Profire Energy Inc (PFIE), with institutional investors hold 73.89% of the company’s shares. The shares outstanding are 46.80M, and float is at 34.07M with Short Float at 0.52%. Institutions hold 54.74% of the Float.
The top institutional shareholder in the company is AWM INVESTMENT COMPANY, INC. with over 2.82 million shares valued at $4.0 million. The investor’s holdings represent 6.0057 of the PFIE Shares outstanding. As of 2024-06-30, the second largest holder is ROYCE & ASSOCIATES LP with 2.01 million shares valued at $2.86 million to account for 4.2921 of the shares outstanding. The other top investors are AMERIPRISE FINANCIAL INC which holds 1.82 million shares representing 3.8774 and valued at over $2.58 million, while EVERETT HARRIS & CO /CA/ holds 3.7147 of the shares totaling 1.74 million with a market value of $2.47 million.
Profire Energy Inc (PFIE) Insider Activity
The most recent transaction is an insider purchase by Oviatt Ryan W, the company’s Co-CEO. SEC filings show that Oviatt Ryan W bought 4,223 shares of the company’s common stock on May 16 ’24 at a price of $1.42 per share for a total of $5997.0. Following the purchase, the insider now owns 0.7 million shares.
Profire Energy Inc disclosed in a document filed with the SEC on May 17 ’24 that Oviatt Ryan W (Co-CEO) bought a total of 3,950 shares of the company’s common stock. The trade occurred on May 17 ’24 and was made at $1.45 per share for $5728.0. Following the transaction, the insider now directly holds 0.7 million shares of the PFIE stock.
