PROG Holdings Inc. (NYSE:PRG) went down by -4.13% from its latest closing price compared to the recent 1-year high of $50.79. The company’s stock price has collected -33.97% of loss in the last five trading sessions.
Is It Worth Investing in PROG Holdings Inc. (NYSE :PRG) Right Now?
PROG Holdings Inc. (NYSE:PRG) scored a price-to-earnings ratio above its average ratio, recording 5.47 x from its present earnings ratio. Plus, the 36-month beta value for PRG is at 2.05. Opinions of the stock are interesting as 5 analysts out of 7 who provided ratings for PROG Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $37.00, which is $20.48 above the current price. PRG currently public float of 53.39M and currently shorts hold a 9.36% ratio of that float. Today, the average trading volume of PRG was 1.08M shares.
PRG’s Market Performance
PRG stocks went down by -33.97% for the week, with a monthly drop of -38.52% and a quarterly performance of -45.66%, while its annual performance rate touched -66.69%. The volatility ratio for the week stands at 11.54% while the volatility levels for the past 30 days are set at 6.66% for PROG Holdings Inc. The simple moving average for the period of the last 20 days is -36.83% for PRG stocks with a simple moving average of -56.26% for the last 200 days.
PRG Trading at -39.34% from the 50-Day Moving Average
After a stumble in the market that brought PRG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -68.04% of loss for the given period.
Volatility was left at 6.66%, however, over the last 30 days, the volatility rate increased by 11.54%, as shares sank -37.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -40.70% lower at present.
During the last 5 trading sessions, PRG fell by -33.97%, which changed the moving average for the period of 200-days by -65.90% in comparison to the 20-day moving average, which settled at $25.20. In addition, PROG Holdings Inc. saw -64.02% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at PRG starting from CURLING DOUGLAS C, who purchase 2,500 shares at the price of $43.11 back on Aug 09. After this action, CURLING DOUGLAS C now owns 21,773 shares of PROG Holdings Inc., valued at $107,775 using the latest closing price.
Garner Brian, the Chief Financial Officer of PROG Holdings Inc., purchase 2,500 shares at $42.89 during a trade that took place back on Aug 03, which means that Garner Brian is holding 17,257 shares at $107,225 based on the most recent closing price.
Stock Fundamentals for PRG
Current profitability levels for the company are sitting at:
- +12.45 for the present operating margin
- +30.76 for the gross margin
The net margin for PROG Holdings Inc. stands at +9.10. Equity return is now at value 22.20, with 12.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 7.87.