Paramount Group Inc (PGRE) concluded trading on Thursday at a closing price of $4.86, with 2.93 million shares of worth about $14.23 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.00% during that period and on January 30, 2025 the price saw a gain of about 6.81%. Currently the company’s common shares owned by public are about 217.52M shares, out of which, 182.90M shares are available for trading.
Stock saw a price change of 5.65% in past 5 days and over the past one month there was a price change of 0.21%. Year-to-date (YTD), PGRE shares are showing a performance of -1.62% which decreased to -2.80% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.21 but also hit the highest price of $5.47 during that period. The average intraday trading volume for Paramount Group Inc shares is 1.00 million. The stock is currently trading 3.20% above its 20-day simple moving average (SMA20), while that difference is up 1.78% for SMA50 and it goes to 0.36% higher than SMA200.
Paramount Group Inc (NYSE: PGRE) currently have 217.52M outstanding shares and institutions hold larger chunk of about 64.99% of that.
The stock has a current market capitalization of $2.48B and its 3Y-monthly beta is at 1.23. It has posted earnings per share of -$0.98 in the same period. It has a debt-to-equity ratio of 1.16. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PGRE, volatility over the week remained 3.43% while standing at 3.19% over the month.
Stock’s fiscal year EPS is expected to rise by 98.33% while it is estimated to decrease by -2000.00% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Evercore ISI on March 18, 2024 offering an In-line rating for the stock and assigned a target price of $5 to it. Coverage by BofA Securities stated Paramount Group Inc (PGRE) stock as an Underperform in their note to investors on November 13, 2023, suggesting a price target of $4 for the stock. On March 01, 2023, BofA Securities Resumed their recommendations, while on November 23, 2022, Morgan Stanley Downgrade their ratings for the stock with a price target of $6.50. Stock get an Underperform rating from Evercore ISI on November 21, 2022.
