The price of Primo Water Corporation (NYSE:PRMW) shares last traded on Wall Street fell -4.16% to $24.44.
PRMW stock price is now -0.37% away from the 50-day moving average and 20.51% away from the 200-day moving average. The market capitalization of the company currently stands at $5.45B.
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, while ‘CIBC’ rates the stock as ‘Neutral’
In other news, PRIM BILLY D, Director bought 2 shares of the company’s stock on Jun 17 ’24. The stock was bought for $50 at an average price of $24.99. Upon completion of the transaction, the Director now directly owns 1,105,640 shares in the company, valued at $27.02 million. A total of 2.61% of the company’s stock is owned by insiders.
During the past 12 months, Primo Water Corporation has had a low of $13.62 and a high of $27.18. As of last week, the company has a debt-to-equity ratio of 0.98, a current ratio of 2.18, and a quick ratio of 2.07. According to the stock market information, the enterprise value for the company is $4909581312, which is based on a 46.03 price-to-earnings ratio, a 1.63 price-to-earnings-growth ratio, and a beta of 1.08. The fifty day moving average price for PRMW is $25.2234 and a two-hundred day moving average price translates $20.8733 for the stock.
The latest earnings results from Primo Water Corporation (NYSE: PRMW) was released for 2024-06-29. The net profit margin was 4.26% and return on equity was 5.79% for PRMW. The company reported revenue of $485.0 million for the quarter, compared to $450.6 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.63 percent.
