Perceptron Inc. [NASDAQ: PRCP] gained 66.75% or 2.73 points to close at $6.82 with a heavy trading volume of 3744402 shares.
It opened the trading session at $6.84, the shares rose to $6.85 and dropped to $6.79, the range by which the price of stock traded the whole day. The daily chart for PRCP points out that the company has recorded 135.17% gains over the past six months. However, it is still -191.45% lower than its most recent low trading price.
If we look at the average trading volume of 1.68M shares, PRCP reached to a volume of 3744402 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Perceptron Inc. [PRCP]:
B. Riley FBR have made an estimate for Perceptron Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 19, 2020. While these analysts kept the previous recommendation, B. Riley FBR raised their target price to Buy. The new note on the price target was released on December 20, 2018, representing the official price target for Perceptron Inc. stock. Previously, the target price had yet another raise to $11, while FBR Capital analysts kept a Outperform rating on PRCP stock.
The Average True Range (ATR) for Perceptron Inc. is set at 0.43, with the Price to Sales ratio for PRCP stock in the period of the last 12 months amounting to 1.00. The Price to Book ratio for the last quarter was 1.68, with the Price to Cash per share for the same quarter was set at 1.10. Price to Free Cash Flow for PRCP in the course of the last twelve months was 24.24 with Quick ratio for the last quarter at 2.00.
Trading performance analysis for PRCP stock
Perceptron Inc. [PRCP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 67.57. With this latest performance, PRCP shares gained by 58.97% in over the last four-week period, additionally plugging by 135.17% over the last 6 months – not to mention a rise of 43.58% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PRCP stock in for the last two-week period is set at 81.29, with the RSI for the last a single of trading hit 86.12, and the three-weeks RSI is set at 75.75 for Perceptron Inc. [PRCP]. The present Moving Average for the last 50 days of trading for this stock 4.34, while it was recorded at 4.62 for the last single week of trading, and 4.12 for the last 200 days.
Perceptron Inc. [PRCP]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Perceptron Inc. [PRCP] shares currently have an operating margin of +0.22 and a Gross Margin at +35.40. Perceptron Inc.’s Net Margin is presently recorded at -8.84.
Return on Total Capital for PRCP is now 0.39, given the latest momentum, and Return on Invested Capital for the company is -15.52. Return on Equity for this stock declined to -15.52, with Return on Assets sitting at -9.91.
Reflecting on the efficiency of the workforce at the company, Perceptron Inc. [PRCP] managed to generate an average of -$20,768 per employee. Receivables Turnover for the company is 2.36 with a Total Asset Turnover recorded at a value of 1.12.Perceptron Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.00 and a Current Ratio set at 2.50.
Perceptron Inc. [PRCP]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Perceptron Inc. posted 0.06/share EPS, while the average EPS was predicted by analysts to be reported at 0.02/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 200.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PRCP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Perceptron Inc. go to 30.00%.
An analysis of insider ownership at Perceptron Inc. [PRCP]
There are presently around $38 million, or 57.60% of PRCP stock, in the hands of institutional investors. The top three institutional holders of PRCP stocks are: HARBERT FUND ADVISORS, INC. with ownership of 987,091, which is approximately 0% of the company’s market cap and around 1.10% of the total institutional ownership; ARIEL INVESTMENTS, LLC, holding 926,360 shares of the stock with an approximate value of $6.32 million in PRCP stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $4.77 million in PRCP stock with ownership of nearly 8.796% of the company’s market capitalization.
Positions in Perceptron Inc. stocks held by institutional investors increased at the end of September and at the time of the September reporting period, where 14 institutional holders increased their position in Perceptron Inc. [NASDAQ:PRCP] by around 537,678 shares. Additionally, 13 investors decreased positions by around 898,079 shares, while 10 investors held positions by with 4,069,214 shares. The mentioned changes placed institutional holdings at 5,504,971 shares, according to the latest SEC report filing. PRCP stock had 8 new institutional investments in for a total of 445,737 shares, while 5 institutional investors sold positions of 126,199 shares during the same period.