Moreover, the 36-month beta value for PRO is 1.22. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for PRO is 42.73M and currently, short sellers hold a 8.10% of that float. On September 20, 2024, PRO’s average trading volume was 714.35K shares.
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PRO) stock’s latest price update
The stock of Pros Holdings Inc (NYSE: PRO) has increased by 7.86 when compared to last closing price of 17.81.Despite this, the company has seen a gain of 11.62% in its stock price over the last five trading days. zacks.com reported 2024-09-11 that Four stocks in big data space with possible short-term price appreciation are: ANSS, DDOG, PRO, VRNS.
PRO’s Market Performance
PRO’s stock has risen by 11.62% in the past week, with a monthly drop of -0.05% and a quarterly drop of -31.78%. The volatility ratio for the week is 5.75% while the volatility levels for the last 30 days are 4.30% for Pros Holdings Inc The simple moving average for the past 20 days is 4.67% for PRO’s stock, with a -37.41% simple moving average for the past 200 days.
Analysts’ Opinion of PRO
Many brokerage firms have already submitted their reports for PRO stocks, with Craig Hallum repeating the rating for PRO by listing it as a “Hold.” The predicted price for PRO in the upcoming period, according to Craig Hallum is $32 based on the research report published on July 09, 2024 of the current year 2024.
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see PRO reach a price target of $43. The rating they have provided for PRO stocks is “Overweight” according to the report published on January 12th, 2024.
Oppenheimer gave a rating of “Outperform” to PRO, setting the target price at $37 in the report published on April 20th of the previous year.
PRO Trading at -7.93% from the 50-Day Moving Average
After a stumble in the market that brought PRO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.13% of loss for the given period.
Volatility was left at 4.30%, however, over the last 30 days, the volatility rate increased by 5.75%, as shares surge +0.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.43% lower at present.
During the last 5 trading sessions, PRO rose by +11.62%, which changed the moving average for the period of 200-days by -50.87% in comparison to the 20-day moving average, which settled at $18.36. In addition, Pros Holdings Inc saw -50.48% 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 PRO starting from Reiner Andres, who purchase 7,500 shares at the price of $17.85 back on Sep 16 ’24. After this action, Reiner Andres now owns 1,015,752 shares of Pros Holdings Inc, valued at $133,875 using the latest closing price.
Reiner Andres, the President & CEO of Pros Holdings Inc, purchase 7,500 shares at $17.20 during a trade that took place back on Sep 12 ’24, which means that Reiner Andres is holding 1,008,252 shares at $129,000 based on the most recent closing price.
Stock Fundamentals for PRO
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 0.64 for the gross margin
The net margin for Pros Holdings Inc stands at -0.13. The total capital return value is set at -0.16.
Based on Pros Holdings Inc (PRO), the company’s capital structure generated 1.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at -3.32. The interest coverage ratio of the stock is -6.18.
Currently, EBITDA for the company is -33.01 million with net debt to EBITDA at -7.14. When we switch over and look at the enterprise to sales, we see a ratio of 3.37. The receivables turnover for the company is 6.65for trailing twelve months and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.19.
Conclusion
To wrap up, the performance of Pros Holdings Inc (PRO) has been bad in recent times. The stock has received a mixed 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.
