With 0.75 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.74 million shares. During the session, the Specialty Chemicals company that operates in wider Basic Materials sector, reached to the highest price of $12.541 whereas the lowest price it dropped to was $12.095. The 52-week range on PRM shows that it touched its highest point at $14.44 and its lowest point at $3.84 during that stretch. It currently has a 1-year price target of $16.00. Beta for the stock currently stands at 1.98.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PRM was down-trending over the past week, with a drop of -12.36%, but this was down by -8.59% over a month. Three-month performance surged to 17.52% while six-month performance rose 54.83%. The stock gained 217.22% in the past year, while it has gained 168.26% so far this year. A look at the trailing 12-month EPS for PRM yields -1.13 with Next year EPS estimates of 0.45. For the next quarter, that number is -0.05. This implies an EPS growth rate of 1932.23% for this year and -34.32% for next year.
Float and Shares Shorts:
At present, 146.45 million PRM shares are outstanding with a float of 136.72 million shares on hand for trading. On 2024-10-31, short shares totaled 2.17 million, which was 149.0 higher than short shares on 1727654400. In addition to Mr. Haitham R. Khouri as the firm’s CEO & Director, Mr. Kyle Sable serves as its CFO & Principal Accounting Officer.
Institutional Ownership:
Through their ownership of 0.84445 of PRM’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, PRM reported revenue of $288417000.0 and operating income of -$35239000.0. The EBITDA in the recently reported quarter was -$18946000.0 and diluted EPS was -$0.61.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PRM since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With PRM analysts setting a high price target of 18.0 and a low target of 14.0, the average target price over the next 12 months is 16.0. Based on these targets, PRM could surge 45.87% to reach the target high and rise by 13.45% to reach the target low. Reaching the average price target will result in a growth of 29.66% from current levels.
Analysts have provided yearly estimates in a range of $0.68054 being high and $0.6773 being low. For PRM, this leads to a yearly average estimate of $0.67892.
