Procore Technologies Inc Trading 3.05 percent Higher on Nov 25
PCOR Stock | USD 76.53 1.05 1.39% |
Slightly above 67 percent of all Procore Technologies' retail investors are curious in acquiring. The analysis of the overall prospects from investing in Procore Technologies suggests that quite a few traders are, at the present time, confidant. Procore Technologies' investing sentiment overview a quick insight into current market opportunities from investing in Procore Technologies. Many technical investors use Procore Technologies stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Procore |
Shares of Procore Technologies Inc surged 3.05 percent in mid-day trading on Nov 25. The stock reached an intraday high of 79.18, before settling at 79.02,
Read at gurufocus.com
Procore Technologies Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Procore Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Procore Technologies Fundamental Analysis
We analyze Procore Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Procore Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Procore Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Debt To Equity
Debt To Equity Comparative Analysis
Procore Technologies is currently under evaluation in debt to equity category among its peers. Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Procore Technologies Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Procore Technologies stock to make a market-neutral strategy. Peer analysis of Procore Technologies could also be used in its relative valuation, which is a method of valuing Procore Technologies by comparing valuation metrics with similar companies.
Peers
Procore Technologies Related Equities
CWAN | Clearwater Analytics | 2.79 | ||||
NCNO | NCino | 1.97 | ||||
PEGA | Pegasystems | 1.18 | ||||
ALKT | Alkami Technology | 1.16 | ||||
FROG | Jfrog | 0.98 | ||||
PAYC | Paycom Soft | 0.12 | ||||
MLNK | Meridianlink | 0.24 | ||||
JAMF | Jamf Holding | 0.27 | ||||
MANH | Manhattan Associates | 0.81 | ||||
PYCR | Paycor HCM | 3.30 |
Additional Tools for Procore Stock Analysis
When running Procore Technologies' price analysis, check to measure Procore Technologies' 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 Procore Technologies is operating at the current time. Most of Procore Technologies' value examination focuses on studying past and present price action to predict the probability of Procore Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Procore Technologies' price. Additionally, you may evaluate how the addition of Procore Technologies to your portfolios can decrease your overall portfolio volatility.