In the last trading session, 2.54 million PyroGenesis Canada Inc. (NASDAQ:PYR) shares changed hands as the company’s beta touched 2.34. With the company’s per share price at $4.55 changed hands at $0.5 or 12.35% during last session, the market valuation stood at $977.70M. PYR’s last price was a discount, traded about -163.74% off its 52-week high of $12.00. The share price had its 52-week low at $2.20, which suggests the last value was 51.65% up since then. When we look at PyroGenesis Canada Inc.’s average trading volume, we note the 10-day average is 82200.0 shares, with the 3-month average coming to 162.49K.
Analysts gave the PyroGenesis Canada Inc. (PYR) stock a consensus recommendation rating of a Hold. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended PYR as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight.
PyroGenesis Canada Inc. (NASDAQ:PYR) trade information
Instantly PYR was in green as seen at the end of in last trading. With action 9.64%, the performance over the past five days has been green. The jump to weekly highs of 5.15 on Tuesday, 09/14/21 added 12.35% to the stock’s daily price. The company’s shares are showing year-to-date upside of 61.06%, with the 5-day performance at 9.64% in the green. However, in the 30-day time frame, PyroGenesis Canada Inc. (NASDAQ:PYR) is 14.61% up. Looking at the short shares, we see there were 1.23 million shares sold at short interest cover period of 5.64 days.
The consensus price target for the stock as assigned by Wall Street analysts is $0.60, meaning bulls need a downside of -658.33% from its current market value. According to analyst projections, PYR’s forecast low is $0.60 with $0.60 as the target high. To hit the forecast high, the stock’s price needs a 86.81% surge from its current level, while the stock would need to tank 86.81% for it to hit the projected low.
PyroGenesis Canada Inc. (PYR) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 45.80%. The 2021 estimates are for PyroGenesis Canada Inc. earnings to increase by 495.20%.
PyroGenesis Canada Inc. is expected to release its next quarterly earnings report on May 17.
PyroGenesis Canada Inc. (NASDAQ:PYR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 49.25% of PyroGenesis Canada Inc. shares while 0.47% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 0.93%. There are 0.47% institutions holding the PyroGenesis Canada Inc. stock share, with ARK Investment Management, LLC the top institutional holder. As of Mar 30, 2021, the company held 0.13% of the shares, roughly 0.21 million PYR shares worth $1.43 million.
TD Asset Management, Inc holds the second largest percentage of outstanding shares, with 0.05% or 74966.0 shares worth $0.51 million as of Mar 30, 2021.
With 0.13 million shares estimated at $0.71 million under it, the former controlled 0.08% of total outstanding shares.