Proassurance Corporation (PRA) concluded trading on Thursday at a closing price of $23.02, with 17.24 million shares of worth about $396.89 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 73.08% during that period and on March 20, 2025 the price saw a gain of about 48.13%. Currently the company’s common shares owned by public are about 51.16M shares, out of which, 50.42M shares are available for trading.
Stock saw a price change of 49.97% in past 5 days and over the past one month there was a price change of 60.19%. Year-to-date (YTD), PRA shares are showing a performance of 44.69% which increased to 94.10% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.76 but also hit the highest price of $17.79 during that period. The average intraday trading volume for Proassurance Corporation shares is 220.97K. The stock is currently trading 45.79% above its 20-day simple moving average (SMA20), while that difference is up 51.04% for SMA50 and it goes to 59.31% higher than SMA200.
Proassurance Corporation (NYSE: PRA) currently have 51.16M outstanding shares and institutions hold larger chunk of about 83.73% of that.
The stock has a current market capitalization of $1.18B and its 3Y-monthly beta is at 0.18. PE ratio of stock for trailing 12 months is 22.35, while it has posted earnings per share of $1.03 in the same period. It has a debt-to-equity ratio of 0.37. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PRA, volatility over the week remained 2.36% while standing at 3.32% over the month.
Stock’s fiscal year EPS is expected to drop by -2.71% while it is estimated to increase by 14.55% 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 Piper Sandler on November 11, 2024 offering a Neutral rating for the stock and assigned a target price of $18 to it. Coverage by Janney stated Proassurance Corporation (PRA) stock as a Neutral in their note to investors on February 24, 2023, suggesting a price target of $21 for the stock. On August 10, 2021, Piper Sandler Upgrade their recommendations, while on July 09, 2020, Piper Sandler Upgrade their ratings for the stock with a price target of $14. Stock get an Underweight rating from Piper Sandler on January 08, 2020.
