Impinj Inc (PI) concluded trading on Thursday at a closing price of $107.76, with 4.53 million shares of worth about $488.0 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -23.17% during that period and on February 06, 2025 the price saw a loss of about -15.19%. Currently the company’s common shares owned by public are about 28.29M shares, out of which, 27.18M shares are available for trading.
Stock saw a price change of -15.77% in past 5 days and over the past one month there was a price change of -29.22%. Year-to-date (YTD), PI shares are showing a performance of -25.82% which increased to 3.75% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $97.77 but also hit the highest price of $239.88 during that period. The average intraday trading volume for Impinj Inc shares is 590.54K. The stock is currently trading -19.50% below its 20-day simple moving average (SMA20), while that difference is down -28.59% for SMA50 and it goes to -36.22% lower than SMA200.
Impinj Inc (NASDAQ: PI) currently have 28.29M outstanding shares and institutions hold larger chunk of about 102.74% of that.
The stock has a current market capitalization of $3.05B and its 3Y-monthly beta is at 1.94. PE ratio of stock for trailing 12 months is 82.11, while it has posted earnings per share of $1.31 in the same period. Its PEG reads 4.83 and has Quick Ratio of 0.69 while making debt-to-equity ratio of 1.95. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PI, volatility over the week remained 7.01% while standing at 6.23% over the month.
Stock’s fiscal year EPS is expected to drop by -32.96% while it is estimated to increase by 71.01% 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 Cantor Fitzgerald on July 18, 2024 offering an Overweight rating for the stock and assigned a target price of $205 to it. Coverage by Piper Sandler stated Impinj Inc (PI) stock as an Overweight in their note to investors on July 11, 2024, suggesting a price target of $180 for the stock. On May 20, 2024, Goldman Downgrade their recommendations, while on May 13, 2024, Jefferies Initiated their ratings for the stock with a price target of $200. Stock get an Outperform rating from Evercore ISI on April 16, 2024.
