Stocks of Pagerduty Inc (NYSE:PD) traded higher last session on Wall Street, up 0.22% to $18.43.
PD stock price is now -5.45% away from the 50-day moving average and -8.03% away from the 200-day moving average. The market capitalization of the company currently stands at $1.67B.
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With the price target maintained at $21, JP Morgan recently Downgraded its rating from Neutral to Underweight for Pagerduty Inc (NYSE: PD). On July 18, 2024, Goldman recently initiated its ‘Neutral’ rating on the stock quoting a target price of $24, while ‘Scotiabank’ rates the stock as ‘Sector Perform’
In other news, Tejada Jennifer, Chief Executive Officer sold 12,500 shares of the company’s stock on Dec 12 ’24. The stock was sold for $251,500 at an average price of $20.12. Upon completion of the transaction, the Chief Executive Officer now directly owns 907,631 shares in the company, valued at $16.73 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 10 ’24, Director Solomon Dan Alexandru sold 137,700 shares of the business’s stock. A total of $2,821,473 was realized by selling the stock at an average price of $20.49. This leaves the insider owning 2,646,945 shares of the company worth $48.78 million. A total of 6.19% of the company’s stock is owned by insiders.
During the past 12 months, Pagerduty Inc has had a low of $16.46 and a high of $26.70. As of last week, the company has a debt-to-equity ratio of 4.12, a current ratio of 1.91, and a quick ratio of 1.91. The fifty day moving average price for PD is $19.4948 and a two-hundred day moving average price translates $20.06505 for the stock.
The latest earnings results from Pagerduty Inc (NYSE: PD) was released for 2024-07-31. The net profit margin was -16.29% and return on equity was -53.07% for PD. The company reported revenue of $115.94 million for the quarter, compared to $107.62 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.73 percent.
