Pagaya Technologies Ltd. [PGY] moved down -17.42: Why It’s Important

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Pagaya Technologies Ltd. [NASDAQ: PGY] slipped around -2.04 points on Monday, while shares priced at $9.67 at the close of the session, down -17.42%. The company report on July 13, 2022 that Pagaya Technologies Ltd. Announces Timing of Second Quarter 2022 Earnings Release.


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Pagaya Technologies (NASDAQ: PGY) intends to announce its second quarter 2022 earnings on August 16, 2022. A conference call to discuss those earnings will be held on the same day at 8:30 a.m. ET / 3:30 p.m. IDT.

Details to register for the live webcast presentation and dial-in information will be available on Pagaya’s IR website located at investor.pagaya.com. The webcast replay will be available on the IR website following the conclusion of the event.

Compared to the average trading volume of 2.04M shares, PGY reached a trading volume of 9842298 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Pagaya Technologies Ltd. [PGY]?

The Average True Range (ATR) for Pagaya Technologies Ltd. is set at 1.80, with the Price to Sales ratio for PGY stock in the period of the last 12 months amounting to 6.32. The Price to Book ratio for the last quarter was 1.37, with the Price to Cash per share for the same quarter was set at 0.00.

How has PGY stock performed recently?

Pagaya Technologies Ltd. [PGY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 282.21. With this latest performance, PGY shares gained by 59.05% in over the last four-week period, additionally sinking by -1.73% over the last 6 months – not to mention a rise of 0.21% 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 PGY stock in for the last two-week period is set at 64.99, with the RSI for the last a single of trading hit 68.58, and the three-weeks RSI is set at 60.50 for Pagaya Technologies Ltd. [PGY]. The present Moving Average recorded at 7.13 for the last single week of trading.

Pagaya Technologies Ltd. [PGY]: Deeper insight into the fundamentals

Return on Equity for this stock declined to -6.56, with Return on Assets sitting at -5.65.

Pagaya Technologies Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.10 and a Current Ratio set at 0.10.

Insider trade positions for Pagaya Technologies Ltd. [PGY]

29 institutional holders increased their position in Pagaya Technologies Ltd. [NASDAQ:PGY] by around 5,843,324 shares. Additionally, 27 investors decreased positions by around 3,588,216 shares, while 40 investors held positions by with 18,208,177 shares. The mentioned changes placed institutional holdings at 27,639,717 shares, according to the latest SEC report filing. PGY stock had 11 new institutional investments in for a total of 2,456,769 shares, while 11 institutional investors sold positions of 2,637,984 shares during the same period.

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