Company’s 36-month beta value is 1.92.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for PRM is 138.03M, and currently, short sellers hold a 0.78% ratio of that floaft. The average trading volume of PRM on December 25, 2024 was 921.75K shares.
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PRM) stock’s latest price update
Perimeter Solutions Inc (NYSE: PRM) has seen a rise in its stock price by 0.30 in relation to its previous close of 13.20. However, the company has experienced a 1.69% gain in its stock price over the last five trading sessions. zacks.com reported 2024-12-18 that While 2024 brought challenges for the chemical industry, ECL, ASPI and PRM showed resilience and delivered solid returns on the bourses.
PRM’s Market Performance
PRM’s stock has risen by 1.69% in the past week, with a monthly rise of 0.84% and a quarterly rise of 1.46%. The volatility ratio for the week is 4.56% while the volatility levels for the last 30 days are 3.74% for Perimeter Solutions Inc The simple moving average for the last 20 days is 2.76% for PRM stock, with a simple moving average of 32.18% for the last 200 days.
Analysts’ Opinion of PRM
Many brokerage firms have already submitted their reports for PRM stocks, with UBS repeating the rating for PRM by listing it as a “Neutral.” The predicted price for PRM in the upcoming period, according to UBS is $4.25 based on the research report published on October 11, 2023 of the previous year 2023.
Morgan Stanley, on the other hand, stated in their research note that they expect to see PRM reach a price target of $14. The rating they have provided for PRM stocks is “Overweight” according to the report published on June 09th, 2022.
UBS gave a rating of “Buy” to PRM, setting the target price at $15 in the report published on April 14th of the previous year.
PRM Trading at 1.07% from the 50-Day Moving Average
After a stumble in the market that brought PRM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.31% of loss for the given period.
Volatility was left at 3.74%, however, over the last 30 days, the volatility rate increased by 4.56%, as shares surge +0.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.00% upper at present.
During the last 5 trading sessions, PRM rose by +1.69%, which changed the moving average for the period of 200-days by +108.83% in comparison to the 20-day moving average, which settled at $12.88. In addition, Perimeter Solutions Inc saw 187.83% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PRM starting from Cool Tracy Britt, who sale 50,000 shares at the price of $12.81 back on Nov 22 ’24. After this action, Cool Tracy Britt now owns 173,449 shares of Perimeter Solutions Inc, valued at $640,500 using the latest closing price.
Tracy Britt Cool, the Director of Perimeter Solutions Inc, proposed sale 50,000 shares at $12.81 during a trade that took place back on Nov 22 ’24, which means that Tracy Britt Cool is holding shares at $640,450 based on the most recent closing price.
Stock Fundamentals for PRM
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.55 for the gross margin
The net margin for Perimeter Solutions Inc stands at -0.31. The total capital return value is set at 0.03. Equity return is now at value -15.00, with -6.77 for asset returns.
Based on Perimeter Solutions Inc (PRM), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 0.67. The interest coverage ratio of the stock is 1.81.
Currently, EBITDA for the company is 173.07 million with net debt to EBITDA at -71.65. When we switch over and look at the enterprise to sales, we see a ratio of 4.5. The receivables turnover for the company is 5.48for trailing twelve months and the total asset turnover is 0.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.91.
Conclusion
In a nutshell, Perimeter Solutions Inc (PRM) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.