The stock of Peapack-Gladstone Financial Corp. (PGC) has gone down by -0.26% for the week, with a -2.26% drop in the past month and a -19.66% drop in the past quarter. The volatility ratio for the week is 4.60%, and the volatility levels for the past 30 days are 3.13% for PGC. The simple moving average for the last 20 days is -3.48% for PGC stock, with a simple moving average of -12.62% for the last 200 days.
Is It Worth Investing in Peapack-Gladstone Financial Corp. (NASDAQ: PGC) Right Now?
The price-to-earnings ratio for Peapack-Gladstone Financial Corp. (NASDAQ: PGC) is above average at 10.53x, Company’s 36-month beta value is 0.96.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for PGC is 15.27M, and currently, short sellers hold a 3.83% ratio of that floaft. The average trading volume of PGC on April 25, 2024 was 83.70K shares.
PGC) stock’s latest price update
Peapack-Gladstone Financial Corp. (NASDAQ: PGC)’s stock price has plunge by -8.63relation to previous closing price of 25.04. Nevertheless, the company has seen a -0.26% plunge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-23 that The headline numbers for Peapack-Gladstone (PGC) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
PGC Trading at -3.34% from the 50-Day Moving Average
After a stumble in the market that brought PGC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.34% of loss for the given period.
Volatility was left at 3.13%, however, over the last 30 days, the volatility rate increased by 4.60%, as shares sank -0.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.46% lower at present.
During the last 5 trading sessions, PGC fell by -0.26%, which changed the moving average for the period of 200-days by -15.13% in comparison to the 20-day moving average, which settled at $23.69. In addition, Peapack-Gladstone Financial Corp. saw -23.27% 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 PGC starting from Smith Gregory Martin, who sale 4,500 shares at the price of $30.02 back on Jan 30 ’24. After this action, Smith Gregory Martin now owns 15,703 shares of Peapack-Gladstone Financial Corp., valued at $135,078 using the latest closing price.
Vorcheimer Stuart M., the EVP, Comm & Ind Lndg of Peapack-Gladstone Financial Corp., sale 6,000 shares at $26.80 during a trade that took place back on Sep 06 ’23, which means that Vorcheimer Stuart M. is holding 4,762 shares at $160,816 based on the most recent closing price.
Stock Fundamentals for PGC
Current profitability levels for the company are sitting at:
- 0.38 for the present operating margin
- 0.7 for the gross margin
The net margin for Peapack-Gladstone Financial Corp. stands at 0.15. The total capital return value is set at 0.02. Equity return is now at value 6.88, with 0.61 for asset returns.
Currently, EBITDA for the company is -38.89 million with net debt to EBITDA at -0.77. When we switch over and look at the enterprise to sales, we see a ratio of 1.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.05.
Conclusion
In a nutshell, Peapack-Gladstone Financial Corp. (PGC) has experienced a bad performance in recent times. The stock has received mixed “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.
