In the past week, PRM stock has gone down by -5.03%, with a monthly gain of 13.29% and a quarterly surge of 72.17%. The volatility ratio for the week is 3.46%, and the volatility levels for the last 30 days are 4.26% for Perimeter Solutions SA The simple moving average for the past 20 days is -3.47% for PRM’s stock, with a 37.31% 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 price-to-earnings ratio of 17.77x that is above its average ratio. Additionally, the 36-month beta value for PRM is 1.97. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for PRM is 136.32M and currently, short sellers hold a 2.75% ratio of that float. The average trading volume of PRM on April 19, 2024 was 783.67K shares.
PRM) stock’s latest price update
Perimeter Solutions SA (NYSE: PRM) has seen a rise in its stock price by 1.01 in relation to its previous close of 6.92. However, the company has experienced a -5.03% decline in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-11 that As inflation gets hotter than expected, finding undervalued stocks is trickier than ever. Mega-cap market drivers like Nvidia (NASDAQ: NVDA ) may enter correction territory as shares in the specific stock dropped nearly 10% since March highs.
Analysts’ Opinion of PRM
Many brokerage firms have already submitted their reports for PRM stocks, with UBS repeating the rating for PRM by listing it as a “Neutral.” The predicted price for PRM in the upcoming period, according to UBS is $4.25 based on the research report published on October 11, 2023 of the previous year 2023.
Morgan Stanley, on the other hand, stated in their research note that they expect to see PRM reach a price target of $14. The rating they have provided for PRM stocks is “Overweight” according to the report published on June 09th, 2022.
UBS gave a rating of “Buy” to PRM, setting the target price at $15 in the report published on April 14th of the previous year.
PRM Trading at 9.45% 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 -16.93% of loss for the given period.
Volatility was left at 4.26%, however, over the last 30 days, the volatility rate increased by 3.46%, as shares surge +10.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +42.36% upper at present.
During the last 5 trading sessions, PRM fell by -5.03%, which changed the moving average for the period of 200-days by +16.69% in comparison to the 20-day moving average, which settled at $7.27. In addition, Perimeter Solutions SA saw 51.96% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PRM
Current profitability levels for the company are sitting at:
- 0.29 for the present operating margin
- 0.43 for the gross margin
The net margin for Perimeter Solutions SA stands at 0.21. The total capital return value is set at 0.04. Equity return is now at value 5.89, with 2.82 for asset returns.
Based on Perimeter Solutions SA (PRM), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.0. The debt to equity ratio resting at 0.6. The interest coverage ratio of the stock is 2.28.
Currently, EBITDA for the company is 199.63 million with net debt to EBITDA at 3.22. When we switch over and look at the enterprise to sales, we see a ratio of 5.16. The receivables turnover for the company is 7.8for trailing twelve months and the total asset turnover is 0.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.56.
Conclusion
In conclusion, Perimeter Solutions SA (PRM) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
