Primo Brands Corp (PRMB) concluded trading on Thursday at a closing price of $33.47, with 3.92 million shares of worth about $131.18 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 35.86% during that period and on April 10, 2025 the price saw a loss of about -1.33%. Currently the company’s common shares owned by public are about 315.28M shares, out of which, 209.11M shares are available for trading.
Stock saw a price change of -6.06% in past 5 days and over the past one month there was a price change of 6.86%. Year-to-date (YTD), PRMB shares are showing a performance of 8.77% which increased to 93.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $16.74 but also hit the highest price of $35.85 during that period. The average intraday trading volume for Primo Brands Corp shares is 3.54 million. The stock is currently trading -0.05% below its 20-day simple moving average (SMA20), while that difference is up 1.01% for SMA50 and it goes to 22.20% higher than SMA200.
Primo Brands Corp (NYSE: PRMB) currently have 315.28M outstanding shares and institutions hold larger chunk of about 42.66% of that.
The stock has a current market capitalization of $12.72B and its 3Y-monthly beta is at 0.81. It has posted earnings per share of -$0.00 in the same period. It has Quick Ratio of 0.94 while making debt-to-equity ratio of 1.65. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PRMB, volatility over the week remained 6.47% while standing at 4.01% over the month.
Stock’s fiscal year EPS is expected to rise by 50.25% while it is estimated to increase by 25.75% 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 TD Securities on April 08, 2025 offering a Buy rating for the stock and assigned a target price of $48 to it. Coverage by Truist stated Primo Brands Corp (PRMB) stock as a Buy in their note to investors on April 04, 2025, suggesting a price target of $42 for the stock. On January 06, 2025, BMO Capital Markets Initiated their recommendations, while on November 18, 2024, Deutsche Bank Resumed their ratings for the stock with a price target of $33.
