The stock of Project Energy Reimagined Acquisition Corp (PEGR) has gone down by -14.64% for the week, with a -15.91% drop in the past month and a -14.47% drop in the past quarter. The volatility ratio for the week is 23.58%, and the volatility levels for the past 30 days are 18.85% for PEGR. The simple moving average for the last 20 days is -12.28% for PEGR stock, with a simple moving average of -13.56% for the last 200 days.
Is It Worth Investing in Project Energy Reimagined Acquisition Corp (NASDAQ: PEGR) Right Now?
Project Energy Reimagined Acquisition Corp (NASDAQ: PEGR) has a price-to-earnings ratio that is above its average at 76.94x. The stock has a 36-month beta value of 0.13.
The public float for PEGR is 11.29M, and at present, short sellers hold a 0.07% of that float. On April 19, 2024, the average trading volume of PEGR was 90.19K shares.
PEGR) stock’s latest price update
Project Energy Reimagined Acquisition Corp (NASDAQ: PEGR) has seen a decline in its stock price by -1.63 in relation to its previous close of 9.19. However, the company has experienced a -14.64% decline in its stock price over the last five trading sessions.
PEGR Trading at -14.20% from the 50-Day Moving Average
After a stumble in the market that brought PEGR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.73% of loss for the given period.
Volatility was left at 18.85%, however, over the last 30 days, the volatility rate increased by 23.58%, as shares sank -17.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.75% lower at present.
During the last 5 trading sessions, PEGR fell by -16.43%, which changed the moving average for the period of 200-days by -13.80% in comparison to the 20-day moving average, which settled at $10.21. In addition, Project Energy Reimagined Acquisition Corp saw -14.47% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PEGR
The total capital return value is set at -0.03. Equity return is now at value 1.98, with 1.82 for asset returns.
Based on Project Energy Reimagined Acquisition Corp (PEGR), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -3.0. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 0.66.
Currently, EBITDA for the company is -4.95 million with net debt to EBITDA at -0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.03.
Conclusion
To sum up, Project Energy Reimagined Acquisition Corp (PEGR) 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.
