Proficient Auto Logistics Inc (NASDAQ: PAL) is 26.64% higher on its value in year-to-date trading and has touched a low of $7.24 and a high of $21.01 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 PAL stock was last observed hovering at around $10.24 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $10.22, the stock is 16.08% and 10.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.22 million and changing -0.20% at the moment leaves the stock -26.87% off its SMA200. PAL registered a loss of -43.10% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $9.2684 and a 200-day simple moving average (SMA200) of $13.97569.
The stock witnessed a 11.69% gain in the last 1 month and extending the period to 3 months gives it a -26.69%, and is 3.34% 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 6.17% over the week and 6.30% over the month.
Fwd P/E is 15.78. Distance from 52-week low is 41.16% and -51.36% from its 52-week high.
with sales reaching $94.44M over the same period.The EPS is expected to shrink by -46.58% this year.
Proficient Auto Logistics Inc (PAL) Top Institutional Holders
The shares outstanding are 27.03M, and float is at 20.95M with Short Float at 6.05%.
Proficient Auto Logistics Inc (PAL) Insider Activity
The most recent transaction is an insider purchase by ODELL RICHARD D, the company’s Chief Executive Officer. SEC filings show that ODELL RICHARD D bought 54,000 shares of the company’s common stock on Nov 14 ’24 at a price of $9.20 per share for a total of $0.5 million. Following the purchase, the insider now owns 0.75 million shares.
Proficient Auto Logistics Inc disclosed in a document filed with the SEC on Aug 20 ’24 that Gattoni James B (Director) bought a total of 20,000 shares of the company’s common stock. The trade occurred on Aug 20 ’24 and was made at $18.98 per share for $0.38 million. Following the transaction, the insider now directly holds 20000.0 shares of the PAL stock.
Still, SEC filings show that on May 13 ’24, Schraudenbach John (Director) acquired 10,000 shares at an average price of $15.00 for $0.15 million. The insider now directly holds 10,000 shares of Proficient Auto Logistics Inc (PAL).
