Prestige Wealth Ordinary Stock Today
| PWM Stock | 0.95 0.08 7.77% |
Performance3 of 100
| Odds Of DistressLess than 33
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Prestige Wealth is selling at 0.95 as of the 1st of December 2024; that is 7.77 percent down since the beginning of the trading day. The stock's lowest day price was 0.95. Prestige Wealth has about a 33 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Prestige Wealth Ordinary are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of June 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 6th of July 2023 | Classification Financials |
Prestige Wealth is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 12.39 M outstanding shares of which 234.11 K shares are at this time shorted by investors with about 0.22 days to cover. More on Prestige Wealth Ordinary
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Prestige Stock Highlights
| CEO Chairman | Hongtao Shi | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, NASDAQ Composite, Financials, Capital Markets, Financial Services, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Prestige Wealth can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Prestige Wealth's financial leverage. It provides some insight into what part of Prestige Wealth's total assets is financed by creditors.
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Prestige Wealth Ordinary (PWM) is traded on NASDAQ Exchange in USA. It is located in Champion Tower, Central, Hong Kong and employs 4 people. Prestige Wealth is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 18.05 M. Prestige Wealth Ordinary runs under Capital Markets sector within Financials industry. The entity has 12.39 M outstanding shares of which 234.11 K shares are at this time shorted by investors with about 0.22 days to cover.
Prestige Wealth generates negative cash flow from operations
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Ownership AllocationThe market capitalization of Prestige Wealth Ordinary is USD18.05 Million. Prestige Wealth holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 66.5 pct. of Prestige Wealth Ordinary outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
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Prestige Wealth Historical Income Statement
Prestige Stock Against Markets
Prestige Wealth Corporate Executives
Elected by the shareholders, the Prestige Wealth's board of directors comprises two types of representatives: Prestige Wealth inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Prestige. The board's role is to monitor Prestige Wealth's management team and ensure that shareholders' interests are well served. Prestige Wealth's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Prestige Wealth's outside directors are responsible for providing unbiased perspectives on the board's policies.
When determining whether Prestige Wealth Ordinary is a strong investment it is important to analyze Prestige Wealth's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Prestige Wealth's future performance. For an informed investment choice regarding Prestige Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prestige Wealth Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prestige Wealth. If investors know Prestige will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prestige Wealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.82) | Earnings Share (0.13) | Revenue Per Share 0.042 | Quarterly Revenue Growth (0.68) | Return On Assets (0.11) |
The market value of Prestige Wealth Ordinary is measured differently than its book value, which is the value of Prestige that is recorded on the company's balance sheet. Investors also form their own opinion of Prestige Wealth's value that differs from its market value or its book value, called intrinsic value, which is Prestige Wealth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prestige Wealth's market value can be influenced by many factors that don't directly affect Prestige Wealth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prestige Wealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prestige Wealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prestige Wealth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.