Recent Performance of Patria Investments Ltd (PAX) Stock: A Closer Look

At the time of writing, Patria Investments Ltd [PAX] stock is trading at $11.82, up 2.25%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PAX shares have gain 5.72% over the last week, with a monthly amount drifted -9.84%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

On May 21, 2021, Itau BBA initiated with a Outperform rating and assigned a price target of $21 on the stock. JP Morgan started tracking the stock assigning a Neutral rating and suggested a price target of $23 on February 22, 2021. Keefe Bruyette initiated its recommendation with a Outperform and recommended $27 as its price target on February 17, 2021. Goldman started tracking with a Buy rating for this stock on February 17, 2021, and assigned it a price target of $28. In a note dated February 16, 2021, Credit Suisse initiated an Outperform rating and provided a target price of $26 on this stock.

For the past year, the stock price of Patria Investments Ltd fluctuated between $10.87 and $16.16. Patria Investments Ltd [NASDAQ: PAX] shares were valued at $11.82 at the most recent close of the market.

Analyzing the PAX fundamentals

According to Patria Investments Ltd [NASDAQ:PAX], the company’s sales were 319.31M for trailing twelve months, which represents an -13.65% plunge. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at 0.35%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.16 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.46.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.61 points at the first support level, and at 11.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.02, and for the 2nd resistance point, it is at 12.22.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 5.62, the price to book ratio is 3.46 and price to earnings (TTM) ratio is 15.12.

Related Posts