Currently, there are 120.14M common shares owned by the public and among those 61.10M shares have been available to trade.
The company’s stock has a 5-day price change of -3.81% and 95.74% over the past three months. PRCH shares are trading 105.28% year to date (YTD), with the 12-month market performance up to 259.43% higher. It has a 12-month low price of $1.05 and touched a high of $11.35 over the same period. PRCH has an average intraday trading volume of 3.32 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 22.69%, 44.81%, and 141.50% respectively.
Institutional ownership of Porch Group Inc (NASDAQ: PRCH) shares accounts for 63.34% of the company’s 120.14M shares outstanding.
It has a market capitalization of $1.04B and a beta (3y monthly) value of 2.75. The earnings-per-share (ttm) stands at -$0.20. Price movements for the stock have been influenced by the stock’s volatility, which stands at 12.57% over the week and 11.36% over the month.
Earnings per share for the fiscal year are expected to increase by 60.29%, and 162.96% over the next financial year.
Looking at the support for the PRCH, a number of firms have released research notes about the stock. Loop Capital stated their Buy rating for the stock in a research note on February 26, 2025, with the firm’s price target at $6. Loop Capital coverage for the Porch Group Inc (PRCH) stock in a research note released on December 09, 2024 offered a Hold rating with a price target of $6. Cantor Fitzgerald on their part issued Overweight rating on August 10, 2022.
