Primo Brands Corp (NYSE:PRMB) traded at $31.79 at last check on current trade day and made a downward move of -3.87% on its previous day’s price.
Looking at the stock we see that its previous close was $33.07 and the beta (5Y monthly) reads 0.74 with the day’s price range being $31.67 – $33.04. In terms of its 52-week price range, PRMB has a high of $35.85 and a low of $19.53. The company’s stock has lost about -3.40% over that past 30 days.
Primo Brands Corp has a market cap of $11.97 billion and is expected to release its quarterly earnings report on 2025-May-07. With its Forward Dividend at 0.36 and a yield of 1.15%, the company’s investors could be anxious for the PRMB stock to gain ahead of the earnings release.
Looking further, we note the current price level is -1.50% off its SMA20 and -3.65% from its 50-day simple moving average. The RSI (14) is pointing at 44.79 while the volatility over the past week is 0.49% and jumps to 1.32% over the past one month. The beta value is 0.76, while the average true range (ATR) is currently pointing at 0.96. The average price target for the stock over the next 12 months is $40, with the estimates having a low of $40 and a high of $40. These price ends are -25.83% and -25.83% off the today’s price level respectively, although investors could be excited at the prospect of a -25.83% if the PRMB share price touches on the median price of $40.
Coming back to Primo Brands Corp (NYSE:PRMB), we note that the average 3-month trading volume was 5.28 million, while that of the preceding 10-day period stands at 5.4 million. Current shares outstanding are 376.20 million.
The insiders hold 31.68% of the company’s shares while institutions hold 60.44%. The data shows that short shares as of 2025-05-15, stood at 12.26 million at a short ratio of 2.36. This represents a 810.00 short interest in shares outstanding on 2025-05-15. Shares short rose in May from the previous month at 9.72 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 3.31% up in year-to-date price movement.
