Making Sense Of PLBY Group Inc’s (NASDAQ:PLBY) Volatility

The trading price of PLBY Group Inc (NASDAQ:PLBY) floating higher at last check on Tuesday, May 14, closing at $0.94, 0.07% higher than its previous close.

In examining the 52-week price action we see that the stock hit a 52-week high of $2.01 and a 52-week low of $0.43. Over the past month, the stock has gained 3.91% in value.

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PLBY Group Inc, whose market valuation is $68.47 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -0.1 per share this quarter, however they have predicted annual earnings per share of -0.36 for current year and -0.14 for next year.

Analysts have forecast the company to bring in revenue of 28.32M for the current quarter, with the likely lows of 31.21M and highs of 32.9M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 137.11M.

On the technical side, indicators suggest PLBY has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently Hold.

A quick review shows that PLBY’s price is currently -4.13% off the SMA20 and -1.53% off the SMA50. The RSI metric on the 14-day chart is currently showing 45.51, and weekly volatility stands at 7.99%. When measured over the past 30 days, the indicator reaches 8.07%. PLBY Group Inc (NASDAQ:PLBY)’s beta value is currently sitting at 2.37, while the Average True Range indicator is currently displaying 0.09.

To see how PLBY Group Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: PLBY stock’s performance was 0.07% at last check in today’s session, and -39.72% in the past year.

An evaluation of the daily trading volume of PLBY Group Inc (NASDAQ:PLBY) indicates that the 3-month average is 445.75K.

Currently, records show that 72.53 million of the company’s shares remain outstanding. The insiders hold 29.31% of outstanding shares, whereas institutions hold 11.65%. However, since the stock’s price has seen -5.96% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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