With 2.5 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.17 million shares. The 52-week range on PSNY shows that it touched its highest point at $1.94 and its lowest point at $0.61 during that stretch. It currently has a 1-year price target of $0.70. Beta for the stock currently stands at 1.43.
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 PSNY was down-trending over the past week, with a drop of -5.26%, but this was up by 4.85% over a month. Three-month performance surged to 0.93% while six-month performance fell -1.82%. The stock gained 48.43% in the past year, while it has gained 2.86% so far this year. A look at the trailing 12-month EPS for PSNY yields -0.75 with Next year EPS estimates of -0.38. For the next quarter, that number is -0.13. This implies an EPS growth rate of 55.13% for this year and 13.01% for next year. EPS is expected to grow by 29.15% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.66%.
Float and Shares Shorts:
At present, 2.06 billion PSNY shares are outstanding with a float of 2.06 billion 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 PSNY since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 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 -$0.51346 being high and -$0.70857 being low. For PSNY, this leads to a yearly average estimate of -$0.60588.
