Paramount Global (NASDAQ:PARA) currently has a daily average trading volume of 8.68M but it saw 4889524 shares traded in last market. With a market cap of 6.87B USD, the company’s current market price of $10.31 came rising about 0.39 while comparing to the previous closing price of $10.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.50 and as low as $9.54. In the recent trading on the day, stock has struck highest price mark of $10.2217 while lowest mark touched by it was $10.36.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wells Fargo which upgraded the stock as “Equal Weight” in its note to investors issued on August 09, 2024, recommending a price target of between $10 and $11 for it. Wolfe Research downgraded its recommendation for the stock as a “Underperform” from “Peer Perform” on July 09, 2024 while assigning a price target of $10. Goldman issued its recommendations for the stock as it initiated the price target for the stock is $9.50.
Over the week, PARA’s stock price is moving -2.00% down while it is -2.27% when we observe its performance for the past one month. Year-to-date it is -30.29% down and over the past year, the stock is showing a downside performance of -7.86%.
Currently, Paramount Global’s total number of outstanding shares is 612.00M. Company’s return on investment (ROI) stands at -17.56% and return on equity (ROE) at -30.01%. It has a 6.93 of forward P/E ratio. Stock’s beta reads 1.78. Stock has a price to book (P/B) ratio of 0.42 while price to sale or P/S ratio amounts to 0.23. Its return on asset (ROA) is -11.31% on average.
