The stock of PowerSchool Holdings Inc (NYSE:PWSC) last traded at $22.34, down -0.53% from the previous session.
PWSC stock price is now 14.13% away from the 50-day moving average and 3.29% away from the 200-day moving average. The market capitalization of the company currently stands at $3.70B.
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With the price target maintained at $22.80, Macquarie recently Downgraded its rating from Outperform to Neutral for PowerSchool Holdings Inc (NYSE: PWSC). On April 18, 2023, Goldman Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $20 to quote $24, while ‘Raymond James’ rates the stock as ‘Outperform’
In other news, KENDER ANTHONY, Chief Revenue Officer sold 6,165 shares of the company’s stock on Jun 05 ’24. The stock was sold for $137,048 at an average price of $22.23. Upon completion of the transaction, the Chief Revenue Officer now directly owns 253,607 shares in the company, valued at $5.67 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 05 ’24, Chief Marketing Officer Studer Fred sold 5,449 shares of the business’s stock. A total of $121,131 was realized by selling the stock at an average price of $22.23. This leaves the insider owning 187,441 shares of the company worth $4.19 million. A total of 65.37% of the company’s stock is owned by insiders.
During the past 12 months, PowerSchool Holdings Inc has had a low of $16.15 and a high of $25.16. As of last week, the company has a debt-to-equity ratio of 0.74, a current ratio of 0.23, and a quick ratio of 0.23. The fifty day moving average price for PWSC is $19.5952 and a two-hundred day moving average price translates $21.62945 for the stock.
The latest earnings results from PowerSchool Holdings Inc (NYSE: PWSC) was released for 2024-03-31. The net profit margin was -5.37% and return on equity was -3.02% for PWSC. The company reported revenue of $184.97 million for the quarter, compared to $159.45 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 16.0 percent.
