In the latest trading session,, 2.04 million Paramount Global (NASDAQ:PARA) shares changed hands as the company’s beta touched 1.78. With the company’s most recent per share price at $10.90 changed hands at -$0.06 or -0.50% at last look, the market valuation stands at $7.24B. PARA’s current price is a discount, trading about -120.18% off its 52-week high of $24.00. The share price had its 52-week low at $10.12, which suggests the last value was 7.16% up since then. When we look at Paramount Global’s average trading volume, we note the 3-month average coming to 19.92 million.
Paramount Global (NASDAQ:PARA) trade information
Instantly PARA was in red as seen in intraday trades today. With action -1.40%, the performance over the past five days has been red. The drop to weekly highs of 11.38 subtracted -0.50% to the stock’s daily price. The company’s shares are showing year-to-date downside of -26.27%, with the 5-day performance at -1.40% in the red. However, in the 30-day time frame, Paramount Global (NASDAQ:PARA) is -3.15% down. Looking at the short shares, we see there were N/A shares sold at short interest cover period of N/A days.
Paramount Global (PARA) estimates and forecasts
Data shows that the Paramount Global share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -7.03% over the past 6 months, a 125.00% in annual growth rate that is considerably higher than the industry average of 3.30%. The 2024 estimates are for Paramount Global earnings to increase by 112.84%, but the outlook for the next 5-year period is at 54.87% per year.
PARA Dividends
Paramount Global is expected to release its next quarterly earnings report in May. The 1.83% annual yield figure for the share gives it an annual dividend of 0.20. It is important to note, however, that the 1.83% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
