ShiftPixy Inc. (NASDAQ: PIXY) stock jumped 38.95% on Friday to $18.98 against a previous-day closing price of $13.66. With 3.46 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.61 million shares. During the session, the Staffing & Employment Services company that operates in wider Industrials sector, reached to the highest price of $21.49 whereas the lowest price it dropped to was $13.70. The 52-week range on PIXY shows that it touched its highest point at $203.00 and its lowest point at $11.06 during that stretch. Beta for the stock currently stands at 1.44.
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 PIXY was down-trending over the past week, with a drop of -1.45%, but this was down by -18.47% over a month. Three-month performance dropped to -44.83% while six-month performance fell -73.23%. The stock lost -82.75% in the past year, while it has lost -83.78% so far this year.
Float and Shares Shorts:
At present, 0.51 million PIXY shares are outstanding with a float of 0.35 million shares on hand for trading. On Jul 14, 2022, short shares totaled 0.27 million, which was 0.71% higher than short shares on Jun 14, 2022. In addition to Mr. Scott W. Absher as the firm’s Co-Founder, Chairman, Pres & CEO, Ms. Amanda Murphy serves as its COO & Exec. Director.
Through their ownership of 11.66% of PIXY’s outstanding shares, institutional investors have minority control over the company. Other institutions hold — of PIXY, in contrast to — held by mutual funds. Shares owned by individuals account for –.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PIXY since 0 analysts follow the stock currently. 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. PIXY will report FY 2020 earnings on 11/01/2023. Analysts have provided yearly estimates in a range of -$1507.00 being high and -$1507.00 being low. For PIXY, this leads to a yearly average estimate of -$1507.00. Based on analyst estimates, the high estimate for the next quarter is -$442.00 and the low estimate is -$442.00. The average estimate for the next quarter is thus -$442.00.
Summary of Insider Activity:
Insiders traded PIXY stock several times over the past three months with 1 Buys and 0 Sells. In these transactions, 8,000,000 shares were bought while 0 shares were sold. The number of buy transactions has increased to 1 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 8,000,000 while 0 shares were sold.