Perimeter Solutions Inc [NYSE: PRM] closed the trading session at $13.24.
The stocks have a year to date performance of 187.83 percent and weekly performance of 1.69 percent. The stock has been moved at 73.75 percent over the last six months. The stock has performed 0.84 percent around the most recent 30 days and changed 1.46 percent over the most recent 3-months.
If compared to the average trading volume of 921.75K shares, PRM reached to a volume of 300118 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Perimeter Solutions Inc [PRM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PRM shares is $16.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PRM stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Perimeter Solutions Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 11, 2023. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Overweight. The new note on the price target was released on June 09, 2022, representing the official price target for Perimeter Solutions Inc stock. Previously, the target price had yet another raise to $15, while UBS analysts kept a Buy rating on PRM stock.
The Average True Range (ATR) for Perimeter Solutions Inc is set at 0.52, with the Price to Sales ratio for PRM stock in the period of the last 12 months amounting to 3.62. The Price to Book ratio for the last quarter was 1.92, with the Price to Cash per share for the same quarter was set at 1.53. Price to Free Cash Flow for PRM in the course of the last twelve months was 9.93 with Quick ratio for the last quarter at 2.95.
PRM stock trade performance evaluation
Perimeter Solutions Inc [PRM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.69. With this latest performance, PRM shares gained by 0.84% in over the last four-week period, additionally plugging by 73.75% over the last 6 months – not to mention a rise of 188.45% 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 PRM stock in for the last two-week period is set at 54.95, with the RSI for the last a single of trading hit 58.27, and the three-weeks RSI is set at 53.75 for Perimeter Solutions Inc [PRM]. The present Moving Average for the last 50 days of trading for this stock 13.10, while it was recorded at 12.88 for the last single week of trading, and 10.02 for the last 200 days.
Perimeter Solutions Inc [PRM]: An insightful look at the core fundamentals
Perimeter Solutions Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.95 and a Current Ratio set at 3.91.
Perimeter Solutions Inc [PRM]: Institutional Ownership
There are presently around $83.14%, or 90.66%% of PRM stock, in the hands of institutional investors. The top three institutional holders of PRM stocks are: WINDACRE PARTNERSHIP LLC with ownership of 21.6 million shares, which is approximately 14.863%. PRINCIPAL FINANCIAL GROUP INC, holding 10.58 million shares of the stock with an approximate value of $$82.86 million in PRM stocks shares; and PRINCIPAL FINANCIAL GROUP INC, currently with $$81.55 million in PRM stock with ownership which is approximately 7.1666%.
