Photronics, Inc (NASDAQ:PLAB) shares, rose in value on Wednesday, June 18, with the stock price down by -0.71% to the previous day’s close as strong demand from buyers drove the stock to $18.27.
Actively observing the price movement in the last trading, the stock closed the session at $18.40, falling within a range of $18.24 and $18.59. The value of beta (5-year monthly) was 1.38 whereas the PE ratio was 9.50 over 12-month period. Referring to stock’s 52-week performance, its high was $31.60, and the low was $16.46. On the whole, PLAB has fluctuated by -10.35% over the past month.
With the market capitalization of Photronics, Inc currently standing at about $1.10 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-28.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 834.22M, with a low estimate of 203.61M and a high estimate of 205M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 204.3M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PLAB’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of PLAB currently trading nearly -0.73% and -2.37% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.26, while the 7-day volatility ratio is showing 2.21% which for the 30-day chart, stands at 4.50%. Furthermore, Photronics, Inc (PLAB)’s beta value is 1.38, and its average true range (ATR) is 0.63.
A comparison of Photronics, Inc (PLAB) with its peers suggests the former has fared considerably weaker in the market. PLAB showed an intraday change of -0.71% in last session, and over the past year, it shrunk by -25.70%%.
Data on historical trading for Photronics, Inc (NASDAQ:PLAB) indicates that the trading volumes over the past 10 days have averaged 0.61 and over the past 3 months, they’ve averaged 741.96K. According to company’s latest data on outstanding shares, there are 58.71 million shares outstanding.
Nearly 4.09% of Photronics, Inc’s shares belong to company insiders and institutional investors own 93.63% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.76 million shares as on 2025-05-30, resulting in a short ratio of 3.74. According to the data, the short interest in Photronics, Inc (PLAB) stood at 540.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 3.21 million. The stock has fallen by -22.45% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PLAB stock heading into the next quarter.
