Progyny Inc. (NASDAQ:PGNY) went down by -1.13% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Health Information Services giant went up by $26.31 to trade ended Thursday trading at $26.61. This is down from the $26.61 price recorded on Wednesday’s trading session. Thanks to this latest performance, PGNY is closer to the higher price 52-week target of $35.00 and further from the lowest price target of $26.00. Its performance from the start of the year has also been negative, with PGNY down by -4.15% year-to-date.
Progyny Inc. (PGNY) started the day trading at $26.5 and recorded an intraday high of $26.93. It also recorded an intraday low of $25.67 during Thursday’s trading session. Progyny Inc. is a very active stock that recorded a trading volume that is less than -27.95% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 691125, which is less than -27.95 of the total average daily trading volume of 884.26K.
Progyny Inc. (NASDAQ:PGNY) 2020 Performance Impressive
The increase in PGNY’s stock price on Thursday 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 PGNY currently stands at $36.50, which is higher than the current trading price of the stock by 27.92%. However, PGNY’s current trading price is -97.97% lower than the 52-week low price of $13.29. In terms of trading volume, Progyny Inc. currently experienced healthy participation during the last trading session. 691125 shares of Progyny Inc. were traded on the stock exchange on Thursday, which is less than -27.95% of the 884.26K average trading volume of the stock.
The performance of the stock has been positive over the past year. PGNY’s stock has gone up by 1.35% in the last six months. The quarterly performance of PGNY currently stands at 59.45%, and it is up by 8.05% in the last month. The only positive figure was from the weekly performance, which currently reads 2.53%. At the time of writing PGNY’s report, the company has a total market cap of $2.33B, making it one of the largest publicly-traded companies in the world.Progyny Inc. also has over 167 employees all over the world.
PGNY Insider Activities
For Progyny Inc., insiders hold 64.90% of all company shares. The insider transactions over the past six months are down by -141.40%. During that period, insiders bought 853,491 shares in 19 transactions. In that same period, insiders sold 5,451,422 of their shares in 169 transactions. After these transactions, insiders at Progyny Inc. now hold 17.37M shares, which is over 61.52% of the total company stocks. Institutional investors currently hold a large chunk of the PGNY shares, as they control 20.39% of the company’s total stock.
PGNY Fundamental Analysis
For Progyny Inc., the stock’s diluted earnings per share (EPS) stands at -0.06. In the coming year, analysts expect the EPS to be 0.54.
The Return on Investment (ROI) on Progyny Inc.’s stock currently stands at 8.50%. The gross margin of the company is 19.80%.
PGNY Analysts Prediction
Goldman and Citigroup also believe that Progyny Inc.’s stock is outperforming at the moment.
PGNY Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of PGNY currently stands at 8.20%, while the SMA50 is 10.00%. The biggest one is the SMA200, which is currently reading 5.74% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 59.57.