Primo Water Corporation (NYSE:PRMW) went up by 1.63% from its latest closing price when compared to the 1-year high value of $16.00 and move down -82.86%, while PRMW stocks collected +24.47% of gains with the last five trading sessions. Press Release reported on 03/18/20 that Primo Water Corporation to Hold a Fireside Chat With Nik Modi From RBC Capital Markets
Primo Water Corporation (NYSE:PRMW) Worth an Investment?
Primo Water Corporation (NYSE: PRMW) The 36 Months beta value for PRMW stocks is at 1.42, while of the analysts out of 0 who provided ratings for Primo Water Corporation stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $16.68 which is $5.75 above current price. PRMW currently has a short float of and public float of with average trading volume of 2.11M shares.
PRMW Market Performance
PRMW stocks went up by 24.47% for the week, with the monthly drop of -42.17% and a quarterly performance of -35.19%, while its annual performance rate touched -40.15%. The simple moving average for the period of the last 20 days is -29.07% for PRMW stocks with the simple moving average of -34.00% for the last 200 days.
Analysts’ Opinion on Primo Water Corporation (NYSE:PRMW)
Many brokerage firms have already submitted their reports for PRMW stocks, with BMO Capital Markets repeating the rating for PRMW shares by setting it to “Market Perform”. The predicted price for PRMW socks in the upcoming period according to BMO Capital Markets is $14.50 based on the research report published on January 14, 2020.
Lake Street, on the other hand, stated in their research note that they expect to see PRMW stock at the price of $14, previously predicting the value of $18. The rating they have provided for PRMW stocks is “Hold” according to the report published on November 6, 2019.
B. Riley FBR gave “Buy” rating to PRMW stocks, setting the target price at $18 in the report published on September 6, 2019.
PRMW Stocks -37.64% Far from 50 Day Moving Average
After a stumble in the market that brought PRMW to its low price for the period of the last 52 weeks, Primo Water Corporation was unable to take a rebound, for now settling with -45.31% of loss for the given period.
The stock volatility was left at 11.77%, however, within the period of a single month, the volatility rate increased by 16.96%, while the shares sank at the distance of -42.05% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -35.85% lower at the present time.
In the course of the last 5 trading sessions, PRMW went up by +24.47%, which changed the moving average for the period of 200 days to the total of -34.06% of losses for the stock in comparison to the 20-day moving average settled at $12.02. In addition, Primo Water Corporation saw -36.04% in overturn over the period of a single year with a tendency to cut further losses.
PRMW Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Primo Water Corporation (PRMW), starting from BRENNER RICHARD A, who sold 90 shares at the price of $15.31 back on Feb 14. After this action, Rushing now owns 26 shares of Primo Water Corporation, valued at $1,378 with the latest closing price.
BRENNER RICHARD A, the Director of Primo Water Corporation, sold 90 shares at the value of $15.31 during a trade that took place back on Feb 14, which means that BRENNER RICHARD A is holding 174,232 shares at the value of $1,378 based on the most recent closing price.
PRMW Stock Fundamentals
The current profitability levels are settled at +5.13 for the present operating margin and +51.61 for gross margin. The net margin for Primo Water Corporation stands at +0.00. Equity return holds the value 0.30%, with 0.10% for asset returns.