In today’s recent session, 0.7 million shares of the Pagaya Technologies Ltd (NASDAQ:PGY) have been traded, and its beta is 5.91. Most recently the company’s share price was $11.41, and it changed around -$0.22 or -1.89% from the last close, which brings the market valuation of the company to $859.15M. PGY at last check was trading at a discount to its 52-week high of $19.20, offering almost -68.27% off that amount. The share price’s 52-week low was $8.20, which indicates that the recent value has risen by an impressive 28.13% since then. We note from Pagaya Technologies Ltd’s average daily trading volume that its 10-day average is 1.38 million shares, with the 3-month average coming to 2.59 million.
Pagaya Technologies Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.22. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 1 recommended PGY as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight.
Pagaya Technologies Ltd (NASDAQ:PGY) trade information
Instantly PGY has been showing red trend so far today with a performance of -1.89% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 12.05 on recent trading dayincreased the stock’s daily price by 5.31%. The company’s shares are currently up 22.82% year-to-date, but still down -0.52% over the last five days. On the other hand, Pagaya Technologies Ltd (NASDAQ:PGY) is 18.85% up in the 30-day period. We can see from the shorts that 9.94 million shares have been sold at a short interest cover period of 5.57 day(s).
The consensus price target as assigned by Wall Street analysts is $26, which translates to bulls needing to increase their stock price by 56.12% from its current value. Analyst projections state that PGY is forecast to be at a low of $26 and a high of $26.
PGY Dividends
Pagaya Technologies Ltd’s next quarterly earnings report is expected to be released on 2025-Feb-12.
BLACKROCK INC., with 4.6503% or 3.34 million shares worth $42.58 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
ARK ETF Tr-ARK Israel Innovative Technology ETF and iShares Core MSCI EAFE ETF were the top two Mutual Funds as of Dec 31, 2023 . The former held 1.49 shares worth $17.06 million, making up 0.28% of all outstanding shares. On the other hand, iShares Core MSCI EAFE ETF held roughly 968.99 shares worth around $11.09 million, which represents about 0.18% of the total shares outstanding.
