With 1.14 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.3 million shares. The 52-week range on PSNL shows that it touched its highest point at $7.20 and its lowest point at $1.13 during that stretch. It currently has a 1-year price target of $7.20. Beta for the stock currently stands at 1.89.
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 PSNL was down-trending over the past week, with a drop of -12.77%, but this was down by -27.13% over a month. Three-month performance dropped to -5.16% while six-month performance fell -33.24%. The stock gained 113.39% in the past year, while it has lost -37.98% so far this year. A look at the trailing 12-month EPS for PSNL yields -1.37 with Next year EPS estimates of -0.89. For the next quarter, that number is -0.25. This implies an EPS growth rate of 24.82% for this year and 13.92% for next year. EPS is expected to grow by 20.69% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -11.31%.
Float and Shares Shorts:
At present, 85.17 million PSNL shares are outstanding with a float of 43.91 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PSNL since 13 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 7 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.40695 being high and -$1.48971 being low. For PSNL, this leads to a yearly average estimate of -$1.44833. Based on analyst estimates, the high estimate for the next quarter is -$0.22 and the low estimate is -$0.31. The average estimate for the next quarter is thus -$0.26.
