Party City Holdco Inc. (PRTY) is priced at $1.93 after the most recent trading session. At the very opening of the session, the stock price was $2.02 and reached a high price of $2.05, prior to closing the session it reached the value of $1.96. The stock touched a low price of $1.95.Recently in News on August 8, 2022, Party City Reports Second Quarter 2022 Results and Updates 2022 Business Outlook. Total Net Sales of $527.4 million; Comparable Sales decreased 5.6% versus prior year and increased 12.2% versus 2019. 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 $6.8600 on 01/06/22, with the lowest value was $1.0400 for the same time period, recorded on 07/27/22.
Party City Holdco Inc. (PRTY) full year performance was -72.43%
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 -79.04% during the 52-week period from high price, and 85.58% 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 $1.04 and $9.21.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 1727114 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 -64.81%, having the revenues showcasing 33.33% 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 246.23M, as it employees total of 6400 workers.
Analysts verdict 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 1.6684, with a change in the price was noted -1.39. In a similar fashion, Party City Holdco Inc. posted a movement of -41.97% for the period of last 100 days, recording 5,933,857 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 7.18 at the time of this writing. In addition, long term Debt to Equity ratio is set at 6.12.
Party City Holdco Inc. (PRTY): Technical Analysis
Raw Stochastic average of Party City Holdco Inc. in the period of last 50 days is set at 51.17%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 18.14%. In the last 20 days, the company’s Stochastic %K was 25.20% and its Stochastic %D was recorded 37.42%.
Let’s take a glance in the erstwhile performances 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 -64.81%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -46.88%, alongside a downfall of -72.43% for the period of the last 12 months. The shares increased approximately by -23.44% in the 7-day charts and went down by -1.01% in the period of the last 30 days. Common stock shares were driven by 33.33% during last recorded quarter.