With 7.43 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.41 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 $1.39. 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 PSNY was up-trending over the past week, with a rise of 4.67%, but this was up by 4.67% over a month. Three-month performance surged to 6.67% while six-month performance fell -15.15%. The stock lost -37.08% in the past year, while it has gained 6.67% so far this year. A look at the trailing 12-month EPS for PSNY yields -0.74 with Next year EPS estimates of -0.43. For the next quarter, that number is -0.21. This implies an EPS growth rate of -6.29% for this year and 28.38% for next year.
Float and Shares Shorts:
At present, 467.95 million PSNY shares are outstanding with a float of 467.67 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 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. Based on analyst estimates, the high estimate for the next quarter is -$0.11 and the low estimate is -$0.19. The average estimate for the next quarter is thus -$0.15.
