Pagaya Technologies Ltd. (NASDAQ: PGY)’s stock price has increased by 2.83 compared to its previous closing price of 1.06. However, the company has seen a 26.30% increase in its stock price over the last five trading sessions.
Is It Worth Investing in Pagaya Technologies Ltd. (NASDAQ: PGY) Right Now?
Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
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The average price suggested by analysts for PGY is $1.82, which is $0.73 above the current market price. The public float for PGY is 226.37M, and currently, shorts hold a 1.70% of that float. The average trading volume for PGY on May 25, 2023 was 1.92M shares.
PGY’s Market Performance
The stock of Pagaya Technologies Ltd. (PGY) has seen a 26.30% increase in the past week, with a 31.33% rise in the past month, and a 1.87% gain in the past quarter. The volatility ratio for the week is 16.48%, and the volatility levels for the past 30 days are at 10.71% for PGY. The simple moving average for the past 20 days is 23.52% for PGY’s stock, with a -65.49% simple moving average for the past 200 days.
PGY Trading at 15.29% from the 50-Day Moving Average
After a stumble in the market that brought PGY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.84% of loss for the given period.
Volatility was left at 10.71%, however, over the last 30 days, the volatility rate increased by 16.48%, as shares surge +21.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.54% lower at present.
During the last 5 trading sessions, PGY rose by +26.30%, which changed the moving average for the period of 200-days by -94.79% in comparison to the 20-day moving average, which settled at $0.8920. In addition, Pagaya Technologies Ltd. saw -12.10% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PGY
Current profitability levels for the company are sitting at:
- -45.96 for the present operating margin
- +34.19 for the gross margin
The net margin for Pagaya Technologies Ltd. stands at -44.11. The total capital return value is set at -41.25, while invested capital returns managed to touch -58.84.
Based on Pagaya Technologies Ltd. (PGY), the company’s capital structure generated 38.35 points at debt to equity in total, while total debt to capital is 27.72. Total debt to assets is 20.31, with long-term debt to equity ratio resting at 25.64. Finally, the long-term debt to capital ratio is 18.53.
When we switch over and look at the enterprise to sales, we see a ratio of 0.89, with the company’s debt to enterprise value settled at 0.32. The receivables turnover for the company is 14.75 and the total asset turnover is 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.28.
Conclusion
In conclusion, Pagaya Technologies Ltd. (PGY) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
