As of Wednesday close, Perella Weinberg Partners’s (NASDAQ:PWP) stock was up $0.09, moving up 0.92 percent to $9.82. The average number of shares traded per day over the past five days has been 300,280 shares. 5 times new highs have been achieved over the past 5 days, with a $0.54 gain in that time frame. In the last twenty days, the average volume was 329,080, while in the previous 50 days, it was 349,614.
Since last month, PWP stock rose 40.49%. Shares of the company fell to $6.95 on 10/25/22, the lowest level in the past month. A 52-week high of $13.22 was reached on 01/13/22 after having rallying from a 52-week low of $5.47. Since the beginning of this year, PWP’s stock price has dropped by -23.64% or -$3.04, and marked a new high 5 times. However, the stock has declined by -25.72% since its 52-week high.
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PWP stock investors should be aware that Perella Weinberg Partners (PWP) stock had its last reported insider trading activity 14 days ago on Nov 10. COHEN DANIEL G, the Director of the company, disposed of 34,748 shares for $8.60 on Nov 10. It resulted in a $298,833 divestment by the insider. COHEN DANIEL G sold 15,252 shares at an average price of $8.30 on Nov 09. The insider now owns 764,641 shares following the transaction. On Aug 26, Director COHEN DANIEL G sold 200 shares at $7.76 apiece. The transaction was valued at $1,552.
Right now, Perella Weinberg Partners (PWP) has a P/E ratio of about 48.86. Besides these, the trailing price-to-sales (P/S) ratio of 1.31, the price-to-book (PB) ratio of 2.97.
The latest dividend of $0.07 per share was paid out, remained unchanged from last year’s $0.07.
In the three months ended June 29, Perella Weinberg Partners’s quick ratio stood at 2.10, while its current ratio was 2.10, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 75.40% percent. In the year ended June 29, operating margins totaled -4.40%. Based on annual data, PWP earned $200.97 million in gross profit and brought in $801.66 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 6.50%. Return on equity (ROE) for the past 12 months was 13.80%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. PWP’s revenue fell -22.05% to $151.1 million during the quarter, while net income inched up to $145.38 million. While analysts expected Perella Weinberg Partners to report $0.05 quarterly earnings, the actual figure was $0.22 per share. During the quarter, the company generated -$6.32 million in EBITDA. The liabilities of Perella Weinberg Partners were 357.42 million at the end of its most recent quarter ended June 29, and its total debt was $102.16 million. The value of shareholders’ equity is $87.3 million.
This quick technical analysis looks at Perella Weinberg Partners’s (PWP) price momentum. With a historical volatility rate of 33.17%, the RSI 9-day stood at 77.88% on 23 November.
With respect to its five-day moving average, the current Perella Weinberg Partners price is up by +5.82% percent or $0.54. At present, PWP shares trade +31.46% above its 20-day simple moving average and +61.25% percent above its 100-day simple moving average. However, the stock is currently trading approximately +26.06% above its SMA50 and -13.10% below its SMA200.
Stochastic coefficient K was 96.38% and Stochastic coefficient D was 89.14%, while ATR was 0.44. Given the Stochastic reading of 99.39% for the 14-day period, the RSI (14) reading has been calculated as 75.00%. As of today, the MACD Oscillator reading stands at 0.24, while the 14-day reading stands at 0.59.