PINS Stock: Exploring Pinterest Inc’s Growth

The stock price for Pinterest Inc (PINS) currently stands at $31.27. The stock experienced a substantial increase in the last session, hitting $31.595 after starting at $31.45. The stock’s lowest price was $31.19 before closing at $31.66.

Pinterest Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $32.52 on 11/14/23, while the lowest price for the same period was registered at $20.60 on 05/04/23.

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52-week price history of PINS Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Pinterest Inc’s current trading price is -3.84% away from its 52-week high, while its distance from the 52-week low is 51.80%. The stock’s price range during this period has spanned from $20.60 to $32.52. In the Communication Services sector, the Pinterest Inc’s shares surpassed a trading volume of approximately 10.46 million for the day, which was noticeably lower compared to the average daily volume of 9.11.36 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Pinterest Inc (PINS) has experienced a quarterly rise of 18.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.09B and boasts a workforce of 3987 employees.

A Closer Look at Analysts’ Ratings for Pinterest Inc

As of right now, 18 analysts are rating Pinterest Inc as a BUY, 4 of the polled analysts branded the stock as an OVERWEIGHT, 14 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 27.68, with a change in price of +4.87. Similarly, Pinterest Inc recorded 10,970,320 in trading volume during the last 100 days, posting a change of +18.45%.

Examining PINS’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for PINS stands at 0.06. Similarly, the long-term debt-to-equity ratio is also 0.06.

PINS Stock Stochastic Average

Today, Pinterest Inc’s raw stochastic average for the past 50 days stands at 86.00%, indicating a rise from the raw stochastic average of the last 20 days, which was 86.00%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 90.82% and 92.90% respectively.

PINS Stock Price Performance Analysis

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 28.79%. However, over the past six months, we’ve seen a weaker performance of 39.23%. The price of PINS fallen by 16.55% over the last 30 days. And in the last five days, it has surged by 0.03%.

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