Paramount Global (NASDAQ: PARA) has seen a decline in its stock price by -3.27 in relation to its previous close of 14.06. However, the company has experienced a 0.37% gain in its stock price over the last five trading sessions. InvestorPlace reported 2023-09-18 that Warren Buffett is widely regarded as the greatest investor of all-time. His massive $160 billion holding of Apple (NASDAQ: AAPL ) stock has been called the greatest trade, and the positions he’s held for decades in blue-chip names including Coca-Cola (NYSE: KO ) and American Express (NYSE: AXP ) are frequently cited as the perfect examples of a buy-and-hold investing strategy.
Is It Worth Investing in Paramount Global (NASDAQ: PARA) Right Now?
and a 36-month beta value of 1.69.
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The public float for PARA is 584.01M, and at present, short sellers hold a 13.64% of that float. On September 19, 2023, the average trading volume of PARA was 11.54M shares.
PARA’s Market Performance
PARA’s stock has seen a 0.37% increase for the week, with a -6.53% drop in the past month and a -16.46% fall in the past quarter. The volatility ratio for the week is 4.02%, and the volatility levels for the past 30 days are at 3.68% for Paramount Global The simple moving average for the past 20 days is -4.13% for PARA’s stock, with a -25.89% simple moving average for the past 200 days.
PARA Trading at -9.83% from the 50-Day Moving Average
After a stumble in the market that brought PARA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -47.55% of loss for the given period.
Volatility was left at 3.68%, however, over the last 30 days, the volatility rate increased by 4.02%, as shares sank -8.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.51% lower at present.
During the last 5 trading sessions, PARA rose by +0.37%, which changed the moving average for the period of 200-days by -31.14% in comparison to the 20-day moving average, which settled at $14.13. In addition, Paramount Global saw -19.43% 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 PARA starting from REDSTONE SHARI, who purchase 165,000 shares at the price of $15.06 back on May 16. After this action, REDSTONE SHARI now owns 577,064 shares of Paramount Global, valued at $2,485,560 using the latest closing price.
Stock Fundamentals for PARA
Current profitability levels for the company are sitting at:
- +9.52 for the present operating margin
- +32.84 for the gross margin
The net margin for Paramount Global stands at +2.40. The total capital return value is set at 6.85, while invested capital returns managed to touch 1.77. Equity return is now at value -5.50, with -2.10 for asset returns.
Based on Paramount Global (PARA), the company’s capital structure generated 76.25 points at debt to equity in total, while total debt to capital is 43.26. Total debt to assets is 30.08, with long-term debt to equity ratio resting at 73.95. Finally, the long-term debt to capital ratio is 41.96.
When we switch over and look at the enterprise to sales, we see a ratio of 0.80, with the company’s debt to enterprise value settled at 0.67. The receivables turnover for the company is 4.19 and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.
Conclusion
To sum up, Paramount Global (PARA) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.
