During the last session, Pro-Dex Inc. (co) (NASDAQ:PDEX)’s traded shares were 0.45 million, with the beta value of the company hitting 0.39. At the end of the trading day, the stock’s price was $36.94, reflecting an intraday gain of 19.08% or $5.92. The 52-week high for the PDEX share is $34.04, that puts it up 7.85 from that peak though still a striking 57.5% gain since the share price plummeted to a 52-week low of $15.70. The company’s market capitalization is $122.74M, and the average intraday trading volume over the past 10 days was 13340.0 shares, and the average trade volume was 18.49K shares over the past three months.
Pro-Dex Inc. (co) (NASDAQ:PDEX) trade information
Pro-Dex Inc. (co) (PDEX) registered a 19.08% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 19.08% in intraday trading to $36.94, hitting a weekly high. The stock’s 5-day price performance is 27.07%, and it has moved by 20.17% in 30 days. Based on these gigs, the overall price performance for the year is 108.52%. The short interest in Pro-Dex Inc. (co) (NASDAQ:PDEX) is 17442.0 shares and it means that shorts have 0.59 day(s) to cover.
Pro-Dex Inc. (co) (PDEX) estimates and forecasts
Statistics show that Pro-Dex Inc. (co) has outperformed its competitors in share price, compared to the industry in which it operates. Pro-Dex Inc. (co) (PDEX) shares have gone up 102.41% during the last six months, with a year-to-date growth rate more than the industry average at 136.67% against 7.00. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 135.70% this quarter and then jump 94.70% in the quarter after that. In the rating firms’ projections, revenue will increase 1.00% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 12.7M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 14.4M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -9.20%. While earnings are projected to return 136.67% in 2024.
PDEX Dividends
Pro-Dex Inc. (co) is due to release its next quarterly earnings on 2025-Feb-06. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Pro-Dex Inc. (co) (NASDAQ:PDEX)’s Major holders
Pro-Dex Inc. (co) insiders own 35.27% of total outstanding shares while institutional holders control 27.06%, with the float percentage being 41.80%. VANGUARD GROUP INC is the largest shareholder of the company, while 34.0 institutions own stock in it. As of 2024-06-30, the company held over 0.12 million shares (or 3.583% of all shares), a total value of $2.43 million in shares.
The next largest institutional holding, with 75500.0 shares, is of PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.’s that is approximately 2.1878% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.48 million.
