Perimeter Solutions Inc (NYSE: PRM)’s stock price has increased by 2.22 compared to its previous closing price of 11.72. However, the company has seen a -6.26% decrease 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.
Is It Worth Investing in Perimeter Solutions Inc (NYSE: PRM) Right Now?
The stock has a 36-month beta value of 1.92. Opinions on the stock are mixed, 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 at present, short sellers hold a 1.11% of that float. On January 10, 2025, the average trading volume of PRM was 898.25K shares.
PRM’s Market Performance
The stock of Perimeter Solutions Inc (PRM) has seen a -6.26% decrease in the past week, with a -5.97% drop in the past month, and a -3.39% fall in the past quarter. The volatility ratio for the week is 5.99%, and the volatility levels for the past 30 days are at 4.31% for PRM. The simple moving average for the past 20 days is -5.98% for PRM’s stock, with a 16.32% simple moving average for the past 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 -7.55% 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 -17.04% of loss for the given period.
Volatility was left at 4.31%, however, over the last 30 days, the volatility rate increased by 5.99%, as shares sank -7.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.06% lower at present.
During the last 5 trading sessions, PRM fell by -6.26%, which changed the moving average for the period of 200-days by +92.60% in comparison to the 20-day moving average, which settled at $12.74. In addition, Perimeter Solutions Inc saw -6.26% 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 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 4.15. 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
To sum up, Perimeter Solutions Inc (PRM) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.
