The stock price of PLBY Group Inc (NASDAQ: PLBY) has jumped by 23.64 compared to previous close of 0.72. Despite this, the company has seen a gain of 25.22% in its stock price over the last five trading days. globenewswire.com reported 2024-08-08 that Planned Relaunch of Playboy Magazine, Playmate Franchise, Website, and Events Business Will Revitalize the Brand and Expand the Playboy Club Creator Platform Planned Relaunch of Playboy Magazine, Playmate Franchise, Website, and Events Business Will Revitalize the Brand and Expand the Playboy Club Creator Platform
Is It Worth Investing in PLBY Group Inc (NASDAQ: PLBY) Right Now?
Additionally, the 36-month beta value for PLBY is 2.30. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The public float for PLBY is 47.52M and currently, short sellers hold a 7.56% ratio of that float. The average trading volume of PLBY on October 21, 2024 was 260.33K shares.
PLBY’s Market Performance
PLBY’s stock has seen a 25.22% increase for the week, with a 20.99% rise in the past month and a 4.20% gain in the past quarter. The volatility ratio for the week is 5.68%, and the volatility levels for the past 30 days are at 7.05% for PLBY Group Inc. The simple moving average for the past 20 days is 22.38% for PLBY’s stock, with a 1.19% 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 34.76% 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 -42.24% of loss for the given period.
Volatility was left at 7.05%, however, over the last 30 days, the volatility rate increased by 5.68%, as shares surge +17.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +43.16% upper at present.
During the last 5 trading sessions, PLBY rose by +21.68%, which changed the moving average for the period of 200-days by -22.32% in comparison to the 20-day moving average, which settled at $0.7303. In addition, PLBY Group Inc saw -10.47% 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 79,330 shares at the price of $0.55 back on Aug 20 ’24. After this action, Kohn Bernhard L III now owns 2,661,346 shares of PLBY Group Inc, valued at $43,949 using the latest closing price.
Kohn Bernhard L III, the CEO & President of PLBY Group Inc, sale 69,871 shares at $0.62 during a trade that took place back on Aug 19 ’24, which means that Kohn Bernhard L III is holding 2,740,676 shares at $43,362 based on the most recent closing price.
Stock Fundamentals for PLBY
Current profitability levels for the company are sitting at:
- -0.23 for the present operating margin
- 0.64 for the gross margin
The net margin for PLBY Group Inc stands at -0.46. The total capital return value is set at -0.12. Equity return is now at value -145.26, with -14.97 for asset returns.
Based on PLBY Group Inc (PLBY), the company’s capital structure generated 0.93 points at debt to capital in total, while cash flow to debt ratio is standing at -0.15. The debt to equity ratio resting at 12.92. The interest coverage ratio of the stock is -2.4.
Currently, EBITDA for the company is -17.98 million with net debt to EBITDA at -10.99. When we switch over and look at the enterprise to sales, we see a ratio of 2.15. The receivables turnover for the company is 15.76for trailing twelve months and the total asset turnover is 0.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.90.
Conclusion
In conclusion, PLBY Group Inc (PLBY) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
