Playa Hotels & Resorts N.V (NASDAQ:PLYA) shares, rose in value on Friday, November 01, with the stock price up by 0.59% to the previous day’s close as strong demand from buyers drove the stock to $8.55.
Actively observing the price movement in the last trading, the stock closed the session at $8.50, falling within a range of $8.505 and $8.62. The value of beta (5-year monthly) was 1.625 whereas the PE ratio was 20.02 over 12-month period. Referring to stock’s 52-week performance, its high was $9.85, and the low was $6.91. On the whole, PLYA has fluctuated by 10.18% over the past month.
With the market capitalization of Playa Hotels & Resorts N.V currently standing at about $1.11 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Nov-06.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 935.99M, with a low estimate of 152M and a high estimate of 189.86M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 176.49M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PLYA’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of PLYA currently trading nearly 0.91% and 6.37% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.20, while the 7-day volatility ratio is showing 2.47% which for the 30-day chart, stands at 2.39%. Furthermore, Playa Hotels & Resorts N.V (PLYA)’s beta value is 1.61, and its average true range (ATR) is 0.20.
A comparison of Playa Hotels & Resorts N.V (PLYA) with its peers suggests the former has fared considerably weaker in the market. PLYA showed an intraday change of 0.59% in last session, and over the past year, it grew by 18.75%%.
Data on historical trading for Playa Hotels & Resorts N.V (NASDAQ:PLYA) indicates that the trading volumes over the past 10 days have averaged 1.07 and over the past 3 months, they’ve averaged 999.73K. According to company’s latest data on outstanding shares, there are 136.08 million shares outstanding.
Nearly 28.31% of Playa Hotels & Resorts N.V’s shares belong to company insiders and institutional investors own 76.05% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.23 million shares as on 2024-10-15, resulting in a short ratio of 5.53. According to the data, the short interest in Playa Hotels & Resorts N.V (PLYA) stood at 451.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 3.81 million. The stock has fallen by -1.16% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PLYA stock heading into the next quarter.
