Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for PAL is 20.95M, and currently, shorts hold a 5.61% of that float. The average trading volume for PAL on December 20, 2024 was 352.03K shares.
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PAL) stock’s latest price update
Proficient Auto Logistics Inc (NASDAQ: PAL)’s stock price has dropped by -6.68 in relation to previous closing price of 8.23. Nevertheless, the company has seen a loss of -18.99% in its stock price over the last five trading days. globenewswire.com reported 2024-12-18 that NEW YORK, Dec. 18, 2024 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Proficient Auto Logistics, Inc. (“Proficient Auto Logistics” or the “Company”) (NASDAQ: PAL) on behalf of Proficient Auto Logistics stockholders. Our investigation concerns whether Proficient Auto Logistics has violated the federal securities laws and/or engaged in other unlawful business practices.
PAL’s Market Performance
Proficient Auto Logistics Inc (PAL) has experienced a -18.99% fall in stock performance for the past week, with a -20.00% drop in the past month, and a -53.28% drop in the past quarter. The volatility ratio for the week is 5.66%, and the volatility levels for the past 30 days are at 4.65% for PAL. The simple moving average for the past 20 days is -19.35% for PAL’s stock, with a -47.26% simple moving average for the past 200 days.
Analysts’ Opinion of PAL
Many brokerage firms have already submitted their reports for PAL stocks, with Barrington Research repeating the rating for PAL by listing it as a “Outperform.” The predicted price for PAL in the upcoming period, according to Barrington Research is $22 based on the research report published on July 17, 2024 of the current year 2024.
Stifel gave a rating of “Buy” to PAL, setting the target price at $19 in the report published on June 03rd of the current year.
PAL Trading at -20.77% from the 50-Day Moving Average
After a stumble in the market that brought PAL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -63.45% of loss for the given period.
Volatility was left at 4.65%, however, over the last 30 days, the volatility rate increased by 5.66%, as shares sank -18.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -43.94% lower at present.
During the last 5 trading sessions, PAL fell by -18.99%, in comparison to the 20-day moving average, which settled at $9.52. In addition, Proficient Auto Logistics Inc saw -47.93% 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 PAL starting from ODELL RICHARD D, who purchase 54,000 shares at the price of $9.20 back on Nov 14 ’24. After this action, ODELL RICHARD D now owns 753,802 shares of Proficient Auto Logistics Inc, valued at $496,800 using the latest closing price.
Gattoni James B, the Director of Proficient Auto Logistics Inc, purchase 20,000 shares at $18.98 during a trade that took place back on Aug 20 ’24, which means that Gattoni James B is holding 20,000 shares at $379,600 based on the most recent closing price.
Stock Fundamentals for PAL
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.39 for the gross margin
The net margin for Proficient Auto Logistics Inc stands at 0.02. The total capital return value is set at 0.01.
Based on Proficient Auto Logistics Inc (PAL), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 0.22. The interest coverage ratio of the stock is 1.82.
Currently, EBITDA for the company is -0.57 million with net debt to EBITDA at 0.09. When we switch over and look at the enterprise to sales, we see a ratio of 1.22. The receivables turnover for the company is 5.8for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.25.
Conclusion
In conclusion, Proficient Auto Logistics Inc (PAL) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
