Time to Buy Beat-Down Party City Holdco Inc. (PRTY) Stock? Here is the INSIGHT

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For the readers interested in the stock health of Party City Holdco Inc. (PRTY). It is currently valued at $1.24. When the transactions were called off in the previous session, Stock hit the highs of $1.2508, after setting-off with the price of $1.20. Company’s stock value dipped to $1.15 during the trading on the day. When the trading was stopped its value was $1.18.

Recently in News on July 7, 2020, Party City Regains Compliance with NYSE Continued Listing Standards. Party City Holdco Inc. (the “Company” or “PRTY”; NYSE:PRTY) today announced that it received written notification from the New York Stock Exchange (the “NYSE”) that it has regained compliance with the NYSE continued listing standards. You can read further details here

Party City Holdco Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $3.2300 on 01/17/20, with the lowest value was $0.2600 for the same time period, recorded on 03/18/20.

Party City Holdco Inc. (PRTY) full year performance was -81.53%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Party City Holdco Inc. shares are logging -83.14% during the 52-week period from high price, and 377.81% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.26 and $7.37.

The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 1762606 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Party City Holdco Inc. (PRTY) recorded performance in the market was -49.57%, having the revenues showcasing 165.77% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 111.47M, as it employees total of 10400 workers.

The Analysts eye on Party City Holdco Inc. (PRTY)

During the last month, 0 analysts gave the Party City Holdco Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.0290, with a change in the price was noted -1.7178. In a similar fashion, Party City Holdco Inc. posted a movement of -58.03% for the period of last 100 days, recording 8,408,041 in trading volumes.

Technical rundown of Party City Holdco Inc. (PRTY)

Raw Stochastic average of Party City Holdco Inc. in the period of last 50 days is set at 35.16%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 11.67%. In the last 20 days, the company’s Stochastic %K was 5.36% and its Stochastic %D was recorded 5.59%.

Considering, the past performance of Party City Holdco Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -49.57%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -55.30%, alongside a downfall of -81.53% for the period of the last 12 months. The shares increased approximately by -7.81% in the 7-day charts and went up by -33.71% in the period of the last 30 days. Common stock shares were driven by 165.77% during last recorded quarter.