Pitanium Ltd (NASDAQ: PTNM) is 58.16% higher on its value in year-to-date trading and has touched a low of $3.52 and a high of $7.20 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 PTNM stock was last observed hovering at around $5.63 in the last trading session, with the day’s gains setting it 0.38%.
Currently trading at $6.01, the stock is 20.13% and 20.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.42 million and changing 6.75% at the moment leaves the stock 20.13% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $5.002857 and a 200-day simple moving average (SMA200) of $5.002857.
Pitanium Ltd (PTNM) has around 47 employees, a market worth around $137.76M and $9.60M in sales. Current P/E ratio is 109.27. Profit margin for the company is 11.90%. Distance from 52-week low is 70.74% and -16.53% from its 52-week high. The company has generated returns on investments over the last 12 months (31.10%).
The EPS is expected to shrink by -11.30% this year.
Pitanium Ltd (PTNM) Top Institutional Holders
The shares outstanding are 22.92M, and float is at 3.26M.
