Parkin Company P.J.S.C. Stock Analysis: Record Price Rally and Strong Fundamentals Drive Bullish Sentiment
By KlickAnalytics Data Insights | November 30, 2024 07:45AM ET
Pricing Analysis:
Parkin Company P.J.S.C. has seen a significant increase in its stock price, currently standing at 4.76. In the past day alone, the stock price has surged by 0.62, resulting in a 1-day return of 14.98%. The trading volume for the stock is at 25,731,349. Over the last week, the stock has delivered a return of 11.21%, while the 1-month and 3-month returns stand at 12.0% and 33.33% respectively. The 1-week relative volume is 3.07x, showing increased investor interest in the stock.
The stock has exhibited a price rally over the last day, indicating a positive trend. The close price compared to the open price reflects a bullish sentiment with a 10.70% increase. Additionally, the close price compared to the previous day open has risen by 14.15%, further strengthening the bullish sentiment.
The stock hit its 1-month high price of 4.76 recently. The current price is 0.00% below the 1-month high price and 20.51% above the 1-month low price. Historical returns for the stock show consistent growth, with 6-month returns at 75.65% and year-to-date returns at 67.61%.
Fundamentals - TTM:
The company's fundamentals remain strong with a market capitalization of 14,278,215,000. The net income per share is at 0.11 and the price/earnings ratio stands at 41.58. The dividend yield is at 0.01%. Working capital is reported at 272,809,000, while total assets and total liabilities are at 2,248,152,000 and 1,679,860,000 respectively. Total revenue and EBIT are at 859,298,000 and 514,680,000.
Technical Indicators:
Technical indicators suggest a strong bullish momentum for Parkin Company P.J.S.C. The stock has shown positive movements in its simple moving averages (SMA), with SMA10 > SMA20 > SMA50 > SMA100, indicating upward trends. The SMA analysis also confirms a buy signal for the stock, with close prices consistently outperforming the SMAs.