The price of PLBY Group Inc (NASDAQ:PLBY) shares last traded on Wall Street rose 6.61% to $1.29.
PLBY stock price is now 41.64% away from the 50-day moving average and 48.74% away from the 200-day moving average. The market capitalization of the company currently stands at $115.57M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target reduced from $2 to $1.50, Stifel maintained Hold rating for PLBY Group Inc (NASDAQ: PLBY). On May 11, 2023, ROTH MKM Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $2, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, Kohn Bernhard L III, CEO & President sold 79,330 shares of the company’s stock on Aug 20 ’24. The stock was sold for $43,949 at an average price of $0.55. Upon completion of the transaction, the CEO & President now directly owns 2,661,346 shares in the company, valued at $3.43 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 19 ’24, CEO & President Kohn Bernhard L III sold 69,871 shares of the business’s stock. A total of $43,362 was realized by selling the stock at an average price of $0.62. This leaves the insider owning 2,740,676 shares of the company worth $3.54 million. A total of 55.86% of the company’s stock is owned by insiders.
During the past 12 months, PLBY Group Inc has had a low of $0.45 and a high of $1.55. The fifty day moving average price for PLBY is $0.9001 and a two-hundred day moving average price translates $0.86647 for the stock.
The latest earnings results from PLBY Group Inc (NASDAQ: PLBY) was released for 2024-09-30. The net profit margin was -72.55% and return on equity was -477.69% for PLBY. The company reported revenue of $12.86 million for the quarter, compared to $16.28 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -20.96 percent.
