Currently, Pagaya Technologies Ltd [PGY] is trading at $10.01, up 4.16%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PGY shares have gain 10.12% over the last week, with a monthly amount drifted -4.67%, 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:
Previously, Oppenheimer started tracking the stock with Outperform rating on October 01, 2024, and set its price target to $12. Keefe Bruyette started tracking the stock assigning a Outperform rating and suggested a price target of $23 on June 17, 2024. Citigroup initiated its recommendation with a Neutral and recommended $14 as its price target on May 24, 2024. Jefferies started tracking with a Buy rating for this stock on December 14, 2023, and assigned it a price target of $2.50. In a note dated August 28, 2023, JMP Securities initiated an Mkt Outperform rating and provided a target price of $2.75 on this stock.
This stock has fluctuated between a low of $8.20 and a high of $20.00 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. Pagaya Technologies Ltd [NASDAQ: PGY] shares were valued at $10.01 at the most recent close of the market. An investor can expect a potential return of 109.79% based on the average PGY price forecast.
Analyzing the PGY fundamentals
Trailing Twelve Months sales for Pagaya Technologies Ltd [NASDAQ:PGY] were 939.31M which represents 23.75% growth. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is -0.33 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.41.
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 9.55 points at the first support level, and at 9.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.32, and for the 2nd resistance point, it is at 10.63.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Pagaya Technologies Ltd [NASDAQ:PGY] is 1.17. Further, the Quick Ratio stands at 1.17, while the Cash Ratio is 0.58. Considering the valuation of this stock, the price to sales ratio is 0.78, the price to book ratio is 1.58.
Transactions by insiders
Recent insider trading involved Torraco Nicole, Director, that happened on Nov 15 ’24 when 2371.0 shares were sold. Director, NICOLE TORRACO completed a deal on Nov 15 ’24 to buy 2371.0 shares. Meanwhile, Chief Business Officer Yulzari Yahav sold 0.15 million shares on Nov 11 ’24.