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 94.17%. However, over the past six months, we’ve seen a weaker performance of 31.28%. The price of PRMB fallen by 4.59% over the last 30 days. And in the last five days, it has surged by 0.07%.
The market performance of Primo Brands Corp’s stock has been harmonious in recent times.
52-week price history of PRMB Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Primo Brands Corp’s current trading price is -3.01% away from its 52-week high, while its distance from the 52-week low is 107.85%. The stock’s price range during this period has varied between$13.62 and $29.19. The Primo Brands Corp’s shares, which operate in the Consumer Defensive, saw a trading volume of around 2.37 million for the day, a figure considerably higher than their average daily volume of 1.83 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Primo Brands Corp (PRMB) has experienced a quarterly rise of 32.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.90B and boasts a workforce of 6400 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
PRMB’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for PRMB stands at 0.97. Similarly, the long-term debt-to-equity ratio is also 0.94.
