The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Primo Brands Corp’s current trading price is -3.32% away from its 52-week high, while its distance from the 52-week low is 128.92%. The stock’s price range for this period has been between $13.62 and $32.25 The company’s shares, which are part of the Consumer Defensive sector, had a trading volume of approximately 1.59 million for the day, a number notably lower than the average daily volume of 2.41 million over the last three months.
Primo Brands Corp ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $32.25 on 12/13/24, while the lowest value for the same period was recorded at $13.62 on 01/17/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Primo Brands Corp (PRMB) has experienced a quarterly rise of 29.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.83B and boasts a workforce of 6400 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 26.41, with a change in price of +9.45. Similarly, Primo Brands Corp recorded 1,970,381 in trading volume during the last 100 days, posting a change of +43.83%.
PRMB Stock Stochastic Average
Primo Brands Corp’s raw stochastic average for the past 50 days is presently 88.22%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 61.50%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 60.92% and 61.34%, respectively.
PRMB Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Year to date metric has recorded a gain of 1.33%.However, over the last six months, we can see a weaker performance of 53.27%. Over the last 30 days, the price of PRMB has fallen by 5.12%. And in the last five days, it has surged by 0.16%.
