Photronics Stock Price on December 24, 2024

PLAB Stock  USD 23.85  0.19  0.79%   
Below is the normalized historical share price chart for Photronics extending back to March 10, 1987. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Photronics stands at 23.85, as last reported on the 25th of December, with the highest price reaching 24.46 and the lowest price hitting 23.81 during the day.
IPO Date
10th of March 1987
200 Day MA
25.5196
50 Day MA
24.5902
Beta
1.403
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Photronics Stock, it is important to understand the factors that can impact its price. Photronics maintains Sharpe Ratio (i.e., Efficiency) of -0.0121, which implies the firm had a -0.0121% return per unit of risk over the last 3 months. Photronics exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Photronics' Coefficient Of Variation of 4080.43, risk adjusted performance of 0.0265, and Semi Deviation of 2.28 to confirm the risk estimate we provide.
  
At present, Photronics' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 1.8 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 45.7 M. . At present, Photronics' Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 3.31, whereas Price To Sales Ratio is forecasted to decline to 1.56. Photronics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0121

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsPLAB

Estimated Market Risk

 2.62
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Photronics is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Photronics by adding Photronics to a well-diversified portfolio.
Price Book
1.3477
Enterprise Value Ebitda
2.701
Price Sales
1.7574
Shares Float
61 M
Wall Street Target Price
35

Photronics Valuation on December 24, 2024

It is possible to determine the worth of Photronics on a given historical date. On December 24, 2024 Photronics was worth 24.08 at the beginning of the trading date compared to the closed value of 23.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Photronics stock. Still, in general, we apply an absolute valuation method to find Photronics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Photronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Photronics' related companies.
 Open High Low Close Volume
  24.08    24.46    23.81    23.85    514,467  
12/25/2024
  24.08    24.46    23.81    23.85    0.00  
Backtest Photronics  |  Photronics History  |  Photronics Valuation   Previous
Open Value
24.08
23.85
Closing Value
31.94
Upside

Photronics Trading Date Momentum on December 24, 2024

On December 25 2024 Photronics was traded for  23.85  at the closing time. The top price for the day was 24.46  and the lowest listed price was  23.81 . There was no trading activity during the period 0.0. Lack of trading volume on December 25, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.96% .

Photronics Fundamentals Correlations and Trends

By evaluating Photronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Photronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Photronics financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Photronics Stock history

Photronics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Photronics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Photronics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Photronics stock prices may prove useful in developing a viable investing in Photronics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding62.4 M45.7 M
Net Income Applicable To Common Shares136.6 M143.4 M

Photronics Quarterly Net Working Capital

747.25 Million

Photronics Stock Technical Analysis

Photronics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Photronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Photronics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Photronics Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Photronics cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Photronics December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Photronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Photronics shares will generate the highest return on investment. By undertsting and applying Photronics stock market strength indicators, traders can identify Photronics entry and exit signals to maximize returns

Photronics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Photronics' price direction in advance. Along with the technical and fundamental analysis of Photronics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Photronics to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Photronics Stock analysis

When running Photronics' price analysis, check to measure Photronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Photronics is operating at the current time. Most of Photronics' value examination focuses on studying past and present price action to predict the probability of Photronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Photronics' price. Additionally, you may evaluate how the addition of Photronics to your portfolios can decrease your overall portfolio volatility.
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Money Managers
Screen money managers from public funds and ETFs managed around the world
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital