Pzena Investment Management Inc News: Why PZN Stock Is Zooming Higher Today

Pzena Investment Management Inc [PZN] has traded in a range of $3.46 to $8.98 in the last 1 year. As of this writing, the stock is at $7.36, up 8.80%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, PZN shares are 1.50% up with the monthly amount drift of 17.77% and seems well in a long time frame.

On 7, December 2020, Pzena Investment Management, Inc. Announces November 30, 2020 Assets Under Management. According to news published on Yahoo Finance, Pzena Investment Management, Inc. (NYSE: PZN) today reported its preliminary assets under management as of November 30, 2020.

Analyst Birdseye View:

The most recent analyst activity for Pzena Investment Management Inc [NYSE:PZN] stock was on June 23, 2009, when it was Downgrade with a Neutral rating from JP Morgan. On April 30, 2009, JP Morgan Upgrade an Overweight rating. On September 22, 2008, Keefe Bruyette Downgrade an Underperform rating. On July 31, 2008, UBS Reiterated a Neutral rating and decreased its price target to $10. On July 29, 2008, Keefe Bruyette Upgrade a Mkt perform rating and boosted its amount on this stock to $7. On March 25, 2008, Keefe Bruyette Downgrade an Underperform rating and boosted its target amount on this stock from $9 to $10. On March 11, 2008 Keefe Bruyette Upgrade a Mkt perform rating and elevated its amount target to $9.

In the past 52 weeks of trading, this stock has oscillated between a low of $3.46 and a peak of $8.98. Right now, the middling Wall Street analyst 12-month amount mark is $9.50. At the most recent market close, shares of Pzena Investment Management Inc [NYSE:PZN] were valued at $7.36.

FUNDAMENTAL ANALYSIS

Pzena Investment Management Inc [NYSE:PZN] most recently reported quarterly sales of 34.13 billion, which represented growth of -8.60%. This publicly-traded organization’s revenue is $1,330,574 per employee, while its income is $73,583 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 4.57, 26.26, 43.29 and 21.51 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 31.16 and the whole liability to whole assets at 7.14. It shows enduring liability to the whole principal at 31.16 and enduring liability to assets at 0.07 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 6.69 points at 1st support level, the second support level is making up to 6.62. But as of 1st resistance point, this stock is sitting at 6.90 and at 7.03 for 2nd resistance point.

Pzena Investment Management Inc [PZN] reported its earnings at $0.18 per share in the fiscal quarter closing of 6/29/2019. The Analysts for Wall Street were expecting to report its earnings at $0.18/share signifying the difference of 0 and 0.00% surprise value. Comparing the previous quarter ending of 3/30/2019, the stated earnings were $0.17 calling estimates for $0.15/share with the difference of 0.02 depicting the surprise of 13.30%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 4.18, it’s amount to book ratio is 4.94 and showing 32.19 of P/E (TTM) ratio.