Disposition of 8556 shares by Kip Ellis of Patrick Industries at 94.77 subject to Rule 16b-3
| PK2 Stock | EUR 83.00 1.50 1.84% |
Roughly 54% of Patrick Industries' stockholders are presently thinking to get in. The analysis of current outlook of investing in Patrick Industries suggests that some traders are interested regarding Patrick Industries' prospects. The current market sentiment, together with Patrick Industries' historical and current headlines, can help investors time the market. In addition, many technical investors use Patrick Industries stock news signals to limit their universe of possible portfolio assets.
Patrick Industries stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Patrick daily returns and investor perception about the current price of Patrick Industries as well as its diversification or hedging effects on your existing portfolios.
Patrick |
Filed transaction by Patrick Industries Officer President-powersports Housing. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
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Patrick Industries Fundamental Analysis
We analyze Patrick Industries' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Patrick Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Patrick Industries 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.
Current Ratio
Current Ratio Comparative Analysis
Patrick Industries is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Patrick Industries 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 Patrick Industries stock to make a market-neutral strategy. Peer analysis of Patrick Industries could also be used in its relative valuation, which is a method of valuing Patrick Industries by comparing valuation metrics with similar companies.
Peers
Patrick Industries Related Equities
| TF7A | Tyson Foods | 2.81 | ||||
| OYS | Olympic Steel | 2.53 | ||||
| Z85 | Austevoll Seafood | 2.10 | ||||
| LWF | LIFEWAY FOODS | 1.89 | ||||
| EDJ | CALTAGIRONE EDITORE | 1.46 | ||||
| TF7A | TYSON FOODS | 0.68 | ||||
| LWF | Lifeway Foods | 0.92 |
Complementary Tools for Patrick Stock analysis
When running Patrick Industries' price analysis, check to measure Patrick Industries' 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 Patrick Industries is operating at the current time. Most of Patrick Industries' value examination focuses on studying past and present price action to predict the probability of Patrick Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patrick Industries' price. Additionally, you may evaluate how the addition of Patrick Industries to your portfolios can decrease your overall portfolio volatility.
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