Primo Water Corp Stock Price on May 24, 2024
| PRMW Stock | USD 24.21 0.47 1.90% |
Below is the normalized historical share price chart for Primo Water Corp extending back to June 16, 1992. 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 Primo Water stands at 24.21, as last reported on the 29th of November, with the highest price reaching 26.02 and the lowest price hitting 23.64 during the day.
If you're considering investing in Primo Stock, it is important to understand the factors that can impact its price. Primo Water appears to be very steady, given 3 months investment horizon. Primo Water Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Primo Water Corp, which you can use to evaluate the volatility of the company. Please evaluate Primo Water's Coefficient Of Variation of 679.17, semi deviation of 1.25, and Risk Adjusted Performance of 0.1184 to confirm if our risk estimates are consistent with your expectations.
At this time, Primo Water's Total Stockholder Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 107.7 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 1.8 B in 2024. . At this time, Primo Water's Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to 2.87 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.04). Primo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of November 2010 | 200 Day MA 21.1324 | 50 Day MA 25.3164 | Beta 1.195 |
Primo |
Sharpe Ratio = 0.1311
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Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Primo Water is performing at about 10% of its full potential. 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 Primo Water by adding it to a well-diversified portfolio.
Price Book 2.6186 | Enterprise Value Ebitda 12.0243 | Price Sales 2.0578 | Shares Float 155.9 M | Dividend Share 0.35 |
Primo Water Valuation on May 24, 2024
It is possible to determine the worth of Primo Water on a given historical date. On May 24, 2024 Primo was worth 21.38 at the beginning of the trading date compared to the closed value of 21.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Primo Water stock. Still, in general, we apply an absolute valuation method to find Primo Water's 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 Primo Water where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Primo Water's related companies.
| Open | High | Low | Close | Volume | |
| 21.35 | 21.45 | 21.10 | 21.30 | 1,238,232 | |
05/24/2024 | 21.38 | 21.87 | 21.23 | 21.77 | 1,025,220 |
| 22.06 | 22.06 | 21.58 | 21.75 | 1,088,622 |
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Primo Water Trading Date Momentum on May 24, 2024
| On May 28 2024 Primo Water Corp was traded for 21.75 at the closing time. The top price for the day was 22.06 and the lowest listed price was 21.58 . The trading volume for the day was 1.1 M. The trading history from May 28, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.09% . The trading delta at closing time against the current closing price is 0.09% . |
Primo Water Corp Fundamentals Correlations and Trends
By evaluating Primo Water's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Primo Water's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Primo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Primo Water Stock history
Primo Water 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 Primo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Primo Water Corp 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 Primo Water stock prices may prove useful in developing a viable investing in Primo Water
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 160.6 M | 99 M | |
| Net Income Applicable To Common Shares | 34 M | 35.7 M |
Primo Water Stock Technical Analysis
Primo Water 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.
Price Boundaries
Primo Water Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Primo Water Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Primo Water November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Primo Water stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Primo Water shares will generate the highest return on investment. By undertsting and applying Primo Water stock market strength indicators, traders can identify Primo Water Corp entry and exit signals to maximize returns
Primo Water Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Primo Water's price direction in advance. Along with the technical and fundamental analysis of Primo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Primo 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.
| Risk Adjusted Performance | 0.1184 | |||
| Jensen Alpha | 0.2121 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0812 | |||
| Treynor Ratio | 0.8389 |
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Additional Tools for Primo Stock Analysis
When running Primo Water's price analysis, check to measure Primo Water's 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 Primo Water is operating at the current time. Most of Primo Water's value examination focuses on studying past and present price action to predict the probability of Primo Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primo Water's price. Additionally, you may evaluate how the addition of Primo Water to your portfolios can decrease your overall portfolio volatility.