Paragon 28 Inc (NYSE: FNA): Retirees Don’t Worry About Volatility

Paragon 28 Inc (NYSE:FNA) currently has a daily average trading volume of 2.01M but it saw 5823630 shares traded in last market. With a market cap of 1.10B USD, the company’s current market price of $13.09 came rising about 0.77 while comparing to the previous closing price of $12.99. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.13 and as low as $4.65. In the recent trading on the day, stock has struck highest price mark of $13.01 while lowest mark touched by it was $13.11.

Taking a look at 20-day trading activity of Paragon 28 Inc (FNA) gives us an average price of $13.03, while its current price level is -0.30% below from 52-week high level whereas it is 181.51% 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 $13.03 while that of 200 days or SMA-200 reads an average of $9.52. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.39% during that period while stretching the period over a month that decreases to 0.38%. 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 64.53 which implies that the stock is in neutral territory.

Over the week, FNA’s stock price is moving 0.77% up while it is 0.46% when we observe its performance for the past one month. Year-to-date it is 26.72% up and over the past year, the stock is showing an upside performance of 33.16%.

The company is expected to be releasing its next quarterly report on 2024-Nov-11, for which analysts forecasted an EPS of -0.15 while estimate for next year EPS is -0.36. In next quarter, company is expected to be making quarterly sales of $69.5M as analysts are expecting the sales for current fiscal year at $295.53M and seeing the company making $331.88M in sales next year. Moreover, analysts are in estimates of $69.62M for current-quarter revenue.

Currently, Paragon 28 Inc’s total number of outstanding shares is 83.86M with 31.22% of that held by the insiders while 50.88% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -22.58% and return on equity (ROE) at -36.39%. Stock’s beta reads 1.45. Stock has a price to book (P/B) ratio of 8.41 while price to sale or P/S ratio amounts to 4.29. Its return on asset (ROA) is -17.53% on average.