Data News > Parkin Company P.J.S.C. Stock Analysis: Record Price Rally and Strong Fundamentals Drive Bullish Sentiment

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.

Disclaimer: the above is a summary showing certain market information. KlickAnalytics is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from various resources and more. Communications displaying market prices, data and other information available in this post are meant for purely for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.