Progyny Inc (NASDAQ:PGNY) currently has a daily average trading volume of 2.25M but it saw 1114223 shares traded in last market. With a market cap of 1.40B USD, the company’s current market price of $15.55 came falling about -1.95 while comparing to the previous closing price of $15.86. In past 52 weeks, the stock remained buoying in the range of price level as high as $42.08 and as low as $13.93. In the recent trading on the day, stock has struck highest price mark of $15.54 while lowest mark touched by it was $16.32.
Taking a look at 20-day trading activity of Progyny Inc (PGNY) gives us an average price of $16.25, while its current price level is -63.05% below from 52-week high level whereas it is 11.63% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $19.40 while that of 200 days or SMA-200 reads an average of $29.05. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.54% during that period while stretching the period over a month that decreases to 3.50%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 32.70 which implies that the stock is in neutral territory.
Leerink Partners downgraded its recommendation for the stock as a “Market Perform” from “Outperform” on August 07, 2024 while assigning a price target range of $31-$25. Canaccord Genuity also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $37 and $24.
Over the week, PGNY’s stock price is moving -6.77% down while it is -6.61% when we observe its performance for the past one month. Year-to-date it is -58.18% down and over the past year, the stock is showing a downside performance of -51.05%.
Currently, Progyny Inc’s total number of outstanding shares is 95.73M. Company’s return on investment (ROI) stands at 13.26% and return on equity (ROE) at 13.56%. It has a price to earnings ratio (P/E ratio) of 24.80 while having a 21.85 of forward P/E ratio. Stock’s beta reads 1.43. Stock has a price to book (P/B) ratio of 3.09 while price to sale or P/S ratio amounts to 1.24. Its return on asset (ROA) is 9.09% on average.
