Currently, there are 73.66M common shares owned by the public and among those 37.98M shares have been available to trade.
The company’s stock has a 5-day price change of 30.28% and 66.50% over the past three months. PGY shares are trading 82.45% year to date (YTD), with the 12-month market performance up to 13.91% higher. It has a 12-month low price of $8.20 and touched a high of $20.00 over the same period. PGY has an average intraday trading volume of 2.12 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 53.91%, 67.93%, and 45.93% respectively.
Institutional ownership of Pagaya Technologies Ltd (NASDAQ: PGY) shares accounts for 35.31% of the company’s 73.66M shares outstanding.
It has a market capitalization of $1.25B and a beta (3y monthly) value of 6.13. The earnings-per-share (ttm) stands at -$5.50. Price movements for the stock have been influenced by the stock’s volatility, which stands at 16.34% over the week and 9.12% over the month.
Earnings per share for the fiscal year are expected to increase by 100.72%, and 2047.78% over the next financial year.
Looking at the support for the PGY, a number of firms have released research notes about the stock. Citigroup stated their Buy rating for the stock in a research note on February 07, 2025, with the firm’s price target at $13-$14.50. UBS coverage for the Pagaya Technologies Ltd (PGY) stock in a research note released on December 20, 2024 offered a Neutral rating with a price target of $11. Oppenheimer was of a view on October 01, 2024 that the stock is Outperform, while The Benchmark Company gave the stock Buy rating on August 26, 2024, issuing a price target of $21. Keefe Bruyette on their part issued Outperform rating on June 17, 2024.
