Is Paramount Group Inc. (PGRE) Stock Cheap Or Risky?


As of Friday close, Paramount Group Inc.’s (NYSE:PGRE) stock was down -$0.24, moving down -5.29 percent to $4.30. The average number of shares traded per day over the past five days has been 3,688,460 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.52 fall in that time frame. In the last twenty days, the average volume was 2,350,370, while in the previous 50 days, it was 1,590,346.

Since last month, PGRE stock retreated -28.69%. Shares of the company fell to $4.24 on 03/17/23, the lowest level in the past month. A 52-week high of $11.16 was reached on 02/02/23 after having rallying from a 52-week low of $4.37. Since the beginning of this year, PGRE’s stock price has dropped by -27.61% or -$1.64, and marked a new high 8 times. However, the stock has declined by -61.47% since its 52-week high.

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PGRE stock investors should be aware that Paramount Group Inc. (PGRE) stock had its last reported insider trading activity 8 days ago on Mar 10. Armbrust Thomas, the Director of the company, purchased of 20,000 shares for $4.85 on Mar 10. It resulted in a $97,000 investment by the insider. Behler Albert P. added 10,000 shares at an average price of $4.81 on Mar 10. The insider now owns 401,812 shares following the transaction. On Mar 09, Chairman, CEO and President Behler Albert P. bought 30,000 shares at $5.05 apiece. The transaction was valued at $151,650.

Valuation Metrics

The stock’s beta is 1.25. Besides these, the trailing price-to-sales (P/S) ratio of 1.29, the price-to-book (PB) ratio of 0.26, and the price-to-cash flow ratio of 4.10 may also be considered.

The latest dividend of $0.0780 per share was paid out, remained unchanged from last year’s $0.0780.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 1.07, and the total debt-to-equity ratio was 1.07. On the profitability front, the trailing twelve-month gross margin is 62.50% percent. In the year ended September 29, operating margins totaled 23.00%. Based on annual data, PGRE earned $170.48 million in gross profit and brought in $740.38 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 2.20%. Return on equity (ROE) for the past 12 months was -1.00%.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. PGRE’s revenue fell -0.1% to $187.15 million during the quarter, while net income inched up to $184.03 million. While analysts expected Paramount Group Inc. to report $0.01 quarterly earnings, the actual figure was -$0.01 per share. During the quarter, the company generated $100.12 million in EBITDA. The value of shareholders’ equity is $216.98 million.

Technical Picture

This quick technical analysis looks at Paramount Group Inc.’s (PGRE) price momentum. With a historical volatility rate of 19.60%, the RSI 9-day stood at 7.36% on 17 March.

With respect to its five-day moving average, the current Paramount Group Inc. price is down by -10.79% percent or -$0.52. At present, PGRE shares trade -26.50% below its 20-day simple moving average and -35.05% percent below its 100-day simple moving average. However, the stock is currently trading approximately -27.36% below its SMA50 and -52.54% below its SMA200.

Stochastic coefficient K was 11.85% and Stochastic coefficient D was 15.20%, while ATR was 0.24. Given the Stochastic reading of 5.08% for the 14-day period, the RSI (14) reading has been calculated as 14.04%. As of today, the MACD Oscillator reading stands at -0.28, while the 14-day reading stands at -0.44.


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