PLBY Group Inc (NASDAQ: PLBY) has experienced a decline in its stock price by -5.35 compared to its previous closing price of 0.98. However, the company has seen a fall of -7.24% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-27 that PLBY Group, Inc. (PLBY) Q4 2023 Earnings Call Transcript
Is It Worth Investing in PLBY Group Inc (NASDAQ: PLBY) Right Now?
The 36-month beta value for PLBY is also noteworthy at 2.40. 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 PLBY is 51.35M, and at present, short sellers hold a 7.79% of that float. The average trading volume of PLBY on May 02, 2024 was 469.57K shares.
PLBY’s Market Performance
The stock of PLBY Group Inc (PLBY) has seen a -7.24% decrease in the past week, with a -2.05% drop in the past month, and a -18.63% fall in the past quarter. The volatility ratio for the week is 8.57%, and the volatility levels for the past 30 days are at 9.48% for PLBY. The simple moving average for the past 20 days is -6.55% for PLBY’s stock, with a -8.65% simple moving average for the past 200 days.
Analysts’ Opinion of PLBY
Many brokerage firms have already submitted their reports for PLBY stocks, with Stifel repeating the rating for PLBY by listing it as a “Hold.” The predicted price for PLBY in the upcoming period, according to Stifel is $1.50 based on the research report published on August 10, 2023 of the previous year 2023.
ROTH MKM, on the other hand, stated in their research note that they expect to see PLBY reach a price target of $2. The rating they have provided for PLBY stocks is “Neutral” according to the report published on May 11th, 2023.
Jefferies gave a rating of “Buy” to PLBY, setting the target price at $2.50 in the report published on May 05th of the previous year.
PLBY Trading at -3.07% from the 50-Day Moving Average
After a stumble in the market that brought PLBY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.85% of loss for the given period.
Volatility was left at 9.48%, however, over the last 30 days, the volatility rate increased by 8.57%, as shares sank -5.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.31% lower at present.
During the last 5 trading sessions, PLBY fell by -7.24%, which changed the moving average for the period of 200-days by -44.46% in comparison to the 20-day moving average, which settled at $0.9900. In addition, PLBY Group Inc saw -7.24% 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 PLBY starting from Kohn Bernhard L III, who sale 50,000 shares at the price of $0.47 back on Nov 14 ’23. After this action, Kohn Bernhard L III now owns 75,361 shares of PLBY Group Inc, valued at $23,450 using the latest closing price.
Beuting Florus, the Former CAO & Treasurer of PLBY Group Inc, sale 1,059 shares at $0.71 during a trade that took place back on Nov 07 ’23, which means that Beuting Florus is holding 47,939 shares at $755 based on the most recent closing price.
Stock Fundamentals for PLBY
Current profitability levels for the company are sitting at:
- -1.25 for the present operating margin
- 0.58 for the gross margin
The net margin for PLBY Group Inc stands at -1.23. The total capital return value is set at -0.65. Equity return is now at value -187.00, with -39.39 for asset returns.
Based on PLBY Group Inc (PLBY), the company’s capital structure generated 0.81 points at debt to capital in total, while cash flow to debt ratio is standing at -0.22. The debt to equity ratio resting at 4.3. The interest coverage ratio of the stock is -19.87.
Currently, EBITDA for the company is -17.98 million with net debt to EBITDA at -3.87. When we switch over and look at the enterprise to sales, we see a ratio of 1.63. The receivables turnover for the company is 14.91for trailing twelve months and the total asset turnover is 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.18.
Conclusion
In summary, PLBY Group Inc (PLBY) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
