For the readers interested in the stock health of Perimeter Solutions SA (PRM). It is currently valued at $8.45. When the transactions were called off in the previous session, Stock hit the highs of $8.62, after setting-off with the price of $8.02. Company’s stock value dipped to $7.935 during the trading on the day. When the trading was stopped its value was $7.93.Recently in News on May 9, 2022, Perimeter Solutions Reports First Quarter 2022 Financial Results. Net sales increased 70% year-over-year, with strong growth in both the Fire Safety and Oil Additives businesses. You can read further details here
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, Perimeter Solutions SA shares are logging -44.19% during the 52-week period from high price, and 6.69% 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 $7.92 and $15.14.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 1052085 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Perimeter Solutions SA (PRM) recorded performance in the market was -39.16%, having the revenues showcasing -34.90% 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 1.49B, as it employees total of 226 workers.
The Analysts eye on Perimeter Solutions SA (PRM)
During the last month, 0 analysts gave the Perimeter Solutions SA 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 12.06, with a change in the price was noted -4.05. In a similar fashion, Perimeter Solutions SA posted a movement of -32.40% for the period of last 100 days, recording 503,420 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 PRM is recording 0.71 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.71.
Technical rundown of Perimeter Solutions SA (PRM)
Raw Stochastic average of Perimeter Solutions SA in the period of last 50 days is set at 11.16%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 15.25%. In the last 20 days, the company’s Stochastic %K was 8.97% and its Stochastic %D was recorded 7.42%.
Considering, the past performance of Perimeter Solutions SA, 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 -39.16%. The shares increased approximately by -13.86% in the 7-day charts and went up by -23.18% in the period of the last 30 days. Common stock shares were lifted by -34.90% during last recorded quarter.