Patria Investments Ltd (NASDAQ:PAX) does about 617.14K shares in volume on a normal day but saw 925927 shares change hands in the recent trading day. The company now has a market cap of 2.01B USD. Its current market price is $12.73, marking a decrease of -0.31% compared to the previous close of $12.77. The 52 week high reached by this stock is $13.34 whilst the lowest price level in 52 weeks is $9.43.
The consensus objective for the share price is $14.92, suggesting that the stock has a potential upside of 14.68% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on September 07, 2022 when BofA Securities resumed the stock to “Neutral” and issued a price target of $17. Itau BBA initiated its price target at $21.
The current price level is 2.20%, 12.32%, and 9.86% away from its SMA20, SMA50, and SMA200 respectively, with the PAX price moving above the 50-day SMA on current market day. Patria Investments Ltd (PAX) stock is down -2.82% over the week and 20.66% over the past month. Its price is 9.46% year-to-date and -0.78% over the past year.
To reach the target analysts have set, the stock logically needs to grow 14.68 percent from here.
Outstanding shares total 65.13M with insiders holding 1.40% of the shares and institutional holders owning 70.34% of the company’s common stock. The company has a return on investment of 10.00% and return on equity of 13.16%. The price to earnings ratio (P/E ratio) amounts to 27.25 while the forward price to earnings ratio is 9.82. The beta has a value of 0.67. Price to book ratio is 3.66 and price to sales ratio is 5.15.
