In the past week, PRM stock has gone down by -12.31%, with a monthly decline of -21.05% and a quarterly plunge of -34.26%. The volatility ratio for the week is 4.45%, and the volatility levels for the last 30 days are 4.31% for Perimeter Solutions SA The simple moving average for the past 20 days is -17.71% for PRM’s stock, with a -34.32% simple moving average for the past 200 days.
Is It Worth Investing in Perimeter Solutions SA (NYSE: PRM) Right Now?
Perimeter Solutions SA (NYSE: PRM) has a higher price-to-earnings ratio of 16.81x compared to its average ratio, Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The average price suggested by analysts for PRM is $11.00, which is $5.3 above the current market price. The public float for PRM is 148.54M, and currently, shorts hold a 5.05% of that float. The average trading volume for PRM on May 26, 2023 was 702.64K shares.
PRM) stock’s latest price update
The stock price of Perimeter Solutions SA (NYSE: PRM) has plunged by -2.73 when compared to previous closing price of 5.86, but the company has seen a -12.31% decline in its stock price over the last five trading sessions.
PRM Trading at -21.77% from the 50-Day Moving Average
After a stumble in the market that brought PRM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -54.25% of loss for the given period.
Volatility was left at 4.31%, however, over the last 30 days, the volatility rate increased by 4.45%, as shares sank -22.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.36% lower at present.
During the last 5 trading sessions, PRM fell by -12.31%, which changed the moving average for the period of 200-days by -46.98% in comparison to the 20-day moving average, which settled at $6.84. In addition, Perimeter Solutions SA saw -37.64% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PRM starting from Haitham Khouri, who sale 126,952 shares at the price of $10.45 back on Dec 06. After this action, Haitham Khouri now owns 1,217,700 shares of Perimeter Solutions SA, valued at $1,326,648 using the latest closing price.
Haitham Khouri, the Vice Chairman of Perimeter Solutions SA, sale 38,923 shares at $10.84 during a trade that took place back on Dec 05, which means that Haitham Khouri is holding 1,344,652 shares at $421,925 based on the most recent closing price.
Stock Fundamentals for PRM
Current profitability levels for the company are sitting at:
- +36.08 for the present operating margin
- +24.28 for the gross margin
The net margin for Perimeter Solutions SA stands at +25.45. The total capital return value is set at 6.89, while invested capital returns managed to touch 4.87. Equity return is now at value 5.50, with 2.60 for asset returns.
Based on Perimeter Solutions SA (PRM), the company’s capital structure generated 69.26 points at debt to equity in total, while total debt to capital is 40.92. Total debt to assets is 32.11, with long-term debt to equity ratio resting at 68.95. Finally, the long-term debt to capital ratio is 40.74.
When we switch over and look at the enterprise to sales, we see a ratio of 4.59, with the company’s debt to enterprise value settled at 0.35. The receivables turnover for the company is 13.87 and the total asset turnover is 0.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.16.
Conclusion
In conclusion, Perimeter Solutions SA (PRM) has had a bad performance lately. Opinion on the stock among analysts is bullish, 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.
