The stock of Profire Energy Inc (PFIE) has seen a -0.54% decrease in the past week, with a 2.78% gain in the past month, and a 23.33% flourish in the past quarter. The volatility ratio for the week is 6.01%, and the volatility levels for the past 30 days are at 6.95% for PFIE. The simple moving average for the past 20 days is -0.70% for PFIE’s stock, with a 0.91% simple moving average for the past 200 days.
Is It Worth Investing in Profire Energy Inc (NASDAQ: PFIE) Right Now?
The price-to-earnings ratio for Profire Energy Inc (NASDAQ: PFIE) is 8.31x, which is above its average ratio. Moreover, the 36-month beta value for PFIE is 0.56. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for PFIE is 31.97M and currently, short sellers hold a 2.42% of that float. On April 19, 2024, PFIE’s average trading volume was 181.25K shares.
PFIE) stock’s latest price update
Profire Energy Inc (NASDAQ: PFIE)’s stock price has soared by 6.32 in relation to previous closing price of 1.74. Nevertheless, the company has seen a loss of -0.54% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-01 that Lower equipment demand and significant debt exposures are matters of concern, making the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry gloomy. Kodiak Gas (KGS), Oil States, (OIS), Matrix Service (MTRX) and Profire Energy (PFIE) are trying to survive industry challenges.
Analysts’ Opinion of PFIE
Chardan Capital Markets gave a rating of “Buy” to PFIE, setting the target price at $2.15 in the report published on March 13th of the previous year.
PFIE Trading at 12.37% from the 50-Day Moving Average
After a stumble in the market that brought PFIE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.77% of loss for the given period.
Volatility was left at 6.95%, however, over the last 30 days, the volatility rate increased by 6.01%, as shares surge +5.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.16% upper at present.
During the last 5 trading sessions, PFIE fell by -0.54%, which changed the moving average for the period of 200-days by +51.64% in comparison to the 20-day moving average, which settled at $1.8675. In addition, Profire Energy Inc saw 2.21% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PFIE
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.52 for the gross margin
The net margin for Profire Energy Inc stands at 0.19. The total capital return value is set at 0.21. Equity return is now at value 20.84, with 17.86 for asset returns.
Based on Profire Energy Inc (PFIE), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 16.14. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 1254.67.
Currently, EBITDA for the company is 12.96 million with net debt to EBITDA at -0.78. When we switch over and look at the enterprise to sales, we see a ratio of 1.32. The receivables turnover for the company is 4.09for trailing twelve months and the total asset turnover is 0.88. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.89.
Conclusion
To wrap up, the performance of Profire Energy Inc (PFIE) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
