Primo Brands Corp (NYSE: PRMB) is -0.55% lower on its value in year-to-date trading and has touched a low of $13.62 and a high of $32.40 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 PRMB stock was last observed hovering at around $30.80 in the last trading session, with the day’s loss setting it -0.2%.
Currently trading at $30.60, the stock is -1.39% and 5.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.62 million and changing -0.65% at the moment leaves the stock 31.08% off its SMA200. PRMB registered 113.43% gain for a year compared to 6-month gain of 51.79%. The firm has a 50-day simple moving average (SMA 50) of $29.1324 and a 200-day simple moving average (SMA200) of $23.81735.
The stock witnessed a -0.26% loss in the last 1 month and extending the period to 3 months gives it a 25.54%, and is -1.51% 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 3.60% over the week and 3.31% over the month.
Primo Brands Corp (PRMB) has around 6400 employees, a market worth around $11.61B and $1.89B in sales. Current P/E ratio is 19.94 and Fwd P/E is 26.75. Profit margin for the company is 13.07%. Distance from 52-week low is 124.66% and -5.56% from its 52-week high. The company has generated returns on investments over the last 12 months (8.56%).
with sales reaching $1.58B over the same period.The EPS is expected to grow by 56.95% this year.
Primo Brands Corp (PRMB) Top Institutional Holders
The shares outstanding are 160.34M, and float is at 159.09M with Short Float at 4.26%.
Primo Brands Corp (PRMB) Insider Activity
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