Photronics, Inc (NASDAQ:PLAB) currently has a daily average trading volume of 663.77K but it saw 716641 shares traded in last market. With a market cap of 1.16B USD, the company’s current market price of $18.27 came falling about -0.76 while comparing to the previous closing price of $18.41. In past 52 weeks, the stock remained buoying in the range of price level as high as $31.60 and as low as $16.46. In the recent trading on the day, stock has struck highest price mark of $18.03 while lowest mark touched by it was $18.34.
Taking a look at 20-day trading activity of Photronics, Inc (PLAB) gives us an average price of $18.15, while its current price level is -42.18% below from 52-week high level whereas it is 11.01% 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 $19.96 while that of 200 days or SMA-200 reads an average of $23.02. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.14% during that period while stretching the period over a month that increases to 4.92%. 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 43.45 which implies that the stock is in neutral territory.
Stifel upgraded its recommendation for the stock as a “Buy” from “Hold” on April 11, 2022 while assigning a price target range of $19-$21. Stifel also issued its recommendations for the stock as it downgraded the price target for the stock is $13.
Over the week, PLAB’s stock price is moving 1.36% up while it is -11.99% when we observe its performance for the past one month. Year-to-date it is -22.45% down and over the past year, the stock is showing a downside performance of -35.40%.
The company is expected to be releasing its next quarterly report on 2025-Feb-25, for which analysts forecasted an EPS of 0.48 while estimate for next year EPS is 2.0. In next quarter, company is expected to be making quarterly sales of $220M as analysts are expecting the sales for current fiscal year at $874.1M and seeing the company making $940M in sales next year. Moreover, analysts are in estimates of $212M for current-quarter revenue.
Currently, Photronics, Inc’s total number of outstanding shares is 62.30M with 3.64% of that held by the insiders while 92.73% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 13.07% and return on equity (ROE) at 13.70%. It has a price to earnings ratio (P/E ratio) of 7.75 while having a 8.14 of forward P/E ratio. Stock’s beta reads 1.43. Stock has a price to book (P/B) ratio of 1.01 while price to sale or P/S ratio amounts to 1.35. Its return on asset (ROA) is 8.96% on average.
