Porch Group Inc (PRCH) concluded trading on Wednesday at a closing price of $6.60, with 31.88 million shares of worth about $210.38 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 392.54% during that period and on Wednesday the price saw a gain of about 74.14%. Currently the company’s common shares owned by public are about 119.80M shares, out of which, 60.69M shares are available for trading.
Stock saw a price change of 27.91% in past 5 days and over the past one month there was a price change of 53.13%. Year-to-date (YTD), PRCH shares are showing a performance of 34.15% which increased to 137.41% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.05 but also hit the highest price of $6.03 during that period. The average intraday trading volume for Porch Group Inc shares is 1.81 million. The stock is currently trading 42.23% above its 20-day simple moving average (SMA20), while that difference is up 37.14% for SMA50 and it goes to 139.30% higher than SMA200.
Porch Group Inc (NASDAQ: PRCH) currently have 119.80M outstanding shares and institutions hold larger chunk of about 57.14% of that.
The stock has a current market capitalization of $674.73M and its 3Y-monthly beta is at 2.15. It has posted earnings per share of -$0.42 in the same period. It has Quick Ratio of 0.84. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PRCH, volatility over the week remained 17.74% while standing at 9.87% over the month.
Stock’s fiscal year EPS is expected to rise by 78.29% while it is estimated to increase by 407.89% 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 Loop Capital on February 26, 2025 offering a Buy rating for the stock and assigned a target price of $6 to it. Coverage by Loop Capital stated Porch Group Inc (PRCH) stock as a Hold in their note to investors on December 09, 2024, suggesting a price target of $6 for the stock. Stock get an Overweight rating from Cantor Fitzgerald on August 10, 2022.
