Paramount Global (PARA) concluded trading on Wednesday at a closing price of $12.09, with 6.12 million shares of worth about $73.96 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.02% during that period and on Wednesday the price saw a gain of about 0.50%. Currently the company’s common shares owned by public are about 633.00M shares, out of which, 597.23M shares are available for trading.
Stock saw a price change of 1.85% in past 5 days and over the past one month there was a price change of 3.42%. Year-to-date (YTD), PARA shares are showing a performance of 15.58% which increased to 2.54% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.54 but also hit the highest price of $13.05 during that period. The average intraday trading volume for Paramount Global shares is 8.44 million. The stock is currently trading 2.63% above its 20-day simple moving average (SMA20), while that difference is up 4.90% for SMA50 and it goes to 10.01% higher than SMA200.
Paramount Global (NASDAQ: PARA) currently have 633.00M outstanding shares and institutions hold larger chunk of about 70.94% of that.
The stock has a current market capitalization of $8.58B and its 3Y-monthly beta is at 1.21. It has posted earnings per share of -$8.22 in the same period. It has Quick Ratio of 1.18 while making debt-to-equity ratio of 0.94. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PARA, volatility over the week remained 0.49% while standing at 1.16% over the month. Stock’s fiscal year EPS is expected to drop by -20.16% while it is estimated to increase by 14.45% 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 Deutsche Bank on April 02, 2025 offering a Hold rating for the stock and assigned a target price of $12 to it. Coverage by Wells Fargo stated Paramount Global (PARA) stock as an Equal weight in their note to investors on August 09, 2024, suggesting a price target of $11 for the stock. On July 09, 2024, Wolfe Research Downgrade their recommendations, while on June 25, 2024, Goldman Initiated their ratings for the stock with a price target of $9.50. Stock get an Underweight rating from Wells Fargo on June 12, 2024.
