ProAssurance Corporation (NYSE:PRA) went up by 1.62% during the previous trading session, and it is maintaining the win ahead of Tuesday’s trading session. The share price of the Insurance – Property & Casualty giant went up by $14.47 to trade ended Tuesday trading at $14.24. This is up from the $14.24 price recorded on Monday’s trading session. Thanks to this latest performance, PRA is closer to the higher price 52-week target of $30.00 and further from the lowest price target of $16.00. Its performance from the start of the year has also been negative, with PRA down by -59.96% year-to-date.
ProAssurance Corporation (PRA) started the day trading at $14.09 and recorded an intraday high of $14.55. It also recorded an intraday low of $14.05 during Tuesday’s trading session. ProAssurance Corporation is a very active stock that recorded a trading volume that is less than -22.53% of the average daily trading volume on Tuesday. The stock’s trading volume on Tuesday was 424477, which is less than -22.53 of the total average daily trading volume of 520.11K.
ProAssurance Corporation (NYSE:PRA) 2020 Performance Impressive
The increase in PRA’s stock price on Tuesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of PRA currently stands at $42.03, which is higher than the current trading price of the stock by 65.57%. However, PRA’s current trading price is -14.21% lower than the 52-week low price of $12.67. In terms of trading volume, ProAssurance Corporation currently experienced healthy participation during the last trading session. 424477 shares of ProAssurance Corporation were traded on the stock exchange on Tuesday, which is less than -22.53% of the 520.11K average trading volume of the stock.
The performance of the stock has been positive over the past year. PRA’s performance over the past one year has seen it plunge by -60.09%, while the stock has gone down by -59.73% in the last six months. The quarterly performance of PRA currently stands at -42.12%, and it is up by 6.09% in the last month. The only positive figure was from the weekly performance, which currently reads 4.33%. At the time of writing PRA’s report, the company has a total market cap of $814.81M, making it one of the largest publicly-traded companies in the world.ProAssurance Corporation also has over 961 employees all over the world.
PRA Insider Activities
For ProAssurance Corporation, insiders hold 88.40% of all company shares. The insider transactions over the past six months are up by 6.50%. During that period, insiders bought 57,770 shares in 36 transactions. In that same period, insiders sold 5,270 of their shares in 5 transactions. After these transactions, insiders at ProAssurance Corporation now hold 948.2k shares, which is over 88.84% of the total company stocks. Institutional investors currently hold a large chunk of the PRA shares, as they control 1.76% of the company’s total stock.
PRA Fundamental Analysis
For ProAssurance Corporation, the stock’s diluted earnings per share (EPS) stands at -0.98. In the coming year, analysts expect the EPS to be -0.14. The EPS growth will up over the next five years to 27.30% after plunging by -64.50% in the previous five years. In terms of revenue, ProAssurance Corporation’s quarterly sales (YOY) is shrinking at -0.76, which is higher than the average annual revenue of -64.50% over the past half a decade.
The Return on Investment (ROI) on ProAssurance Corporation’s stock currently stands at 1.50%, and it has a net profit margin of -5.60%. The operating margin of the company is -7.90%.
PRA Analysts Prediction
Wunderlich and Wunderlich also believe that ProAssurance Corporation’s stock is outperforming at the moment.
At the moment, ProAssurance Corporation’s Total Debt to Equity ratio stands at 0.20, and they have a long-term Debt to Equity ratio of 0.20.
PRA Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of PRA currently stands at -0.08%, while the SMA50 is -10.38%. The biggest one is the SMA200, which is currently reading -50.72% ahead of Tuesday’s trading session. The Relative Strength Index of this stock is 47.02.