Let’s start up with the current stock price of Party City Holdco Inc. (PRTY), which is $6.99 to be very precise. The Stock rose vividly during the last session to $6.955 after opening rate of $6.86 while the lowest price it went was recorded $6.8116 before closing at $6.85.Recently in News on September 9, 2021, Party City Announces Plans To Hire Nearly 17,000 For Highly Anticipated Halloween Season. North America’s leading party goods retailer to host nationwide in-store hiring events Tuesday, September 14 and Saturday, September 18. You can read further details here
Party City Holdco Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $11.06 on 06/09/21, with the lowest value was $5.22 for the same time period, recorded on 04/20/21.
Party City Holdco Inc. (PRTY) full year performance was 132.99%
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 -36.76% during the 52-week period from high price, and 318.61% 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 $1.67 and $11.06.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 594979 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 11.38%, having the revenues showcasing -25.30% 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 801.11M, as it employees total of 8370 workers.
Specialists analysis on Party City Holdco Inc. (PRTY)
During the last month, 1 analysts gave the Party City Holdco Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 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 8.23, with a change in the price was noted +0.54. In a similar fashion, Party City Holdco Inc. posted a movement of +8.37% for the period of last 100 days, recording 2,493,315 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for PRTY is recording 13.44 at the time of this writing. In addition, long term Debt to Equity ratio is set at 12.51.
Trends and Technical analysis: Party City Holdco Inc. (PRTY)
Raw Stochastic average of Party City Holdco Inc. in the period of last 50 days is set at 29.57%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 84.69%. In the last 20 days, the company’s Stochastic %K was 78.83% and its Stochastic %D was recorded 69.63%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 11.38%. Additionally, trading for the stock in the period of the last six months notably improved by 5.55%, alongside a boost of 132.99% for the period of the last 12 months. The shares increased approximately by -1.58% in the 7-day charts and went down by 8.39% in the period of the last 30 days. Common stock shares were lifted by -25.30% during last recorded quarter.