Investor Confidence Is Shaken After Prestige Wealth Inc (NASDAQ: PWM) Share Prices Dropped By -$0.03

Prestige Wealth Inc (NASDAQ:PWM) has a beta value of 3.11 and has seen 1.89 million shares traded in the recent trading session. The company, currently valued at $11.26M, closed the recent trade at $0.36 per share which meant it lost -$0.03 on the day or -8.04% during that session. The PWM stock price is -650.0% off its 52-week high price of $2.70 and 13.89% above the 52-week low of $0.31. If we look at the company’s 10-day average daily trading volume, we find that it stood at 90030.0 shares traded. The 3-month trading volume is 146.32K shares.

Prestige Wealth Inc (NASDAQ:PWM) trade information

Sporting -8.04% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PWM stock price touched $0.36 or saw a rise of 10.0%. Year-to-date, Prestige Wealth Inc shares have moved -55.09%, while the 5-day performance has seen it change 3.28%. Over the past 30 days, the shares of Prestige Wealth Inc (NASDAQ:PWM) have changed -14.50%. Short interest in the company has seen 26293.0 shares shorted with days to cover at 0.1.

Prestige Wealth Inc (PWM) estimates and forecasts

The company’s shares have lost -73.26% over the past 6 months.

PWM Dividends

Prestige Wealth Inc is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Prestige Wealth Inc (NASDAQ:PWM)’s Major holders

Insiders own 35.03% of the company shares, while shares held by institutions stand at 0.39% with a share float percentage of 0.60%. Investors are also buoyed by the number of investors in a company, with Prestige Wealth Inc having a total of 6.0 institutions that hold shares in the company.

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