Breaking Boundaries: Unveiling the Dive of Perimeter Solutions SA (PRM)
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In the realm of chemicals and specialties, Perimeter Solutions SA (PRM, $5.63) encountered a challenging quarter, witnessing a steep descent. Over the last three months, this company's stock fell by an alarming -35.06%, settling at $5.63 per share.
A.I.dvisor conducted an extensive analysis of 260 stocks within the Chemicals: Specialty Industry for the 3-month period ending May 26, 2023. The results were captivating: 85 of the stocks (32.84%) exhibited an Uptrend, while a substantial majority of 175 stocks (67.16%) demonstrated a Downtrend.
As we uncover the mysteries surrounding Perimeter Solutions SA's decline, it's essential to explore the factors that contributed to this drastic outcome. From market forces to industry dynamics and company-specific challenges, the elements at play are multifaceted.
Investors and industry enthusiasts are now left wondering about Perimeter Solutions SA's potential for recovery. Will they find the formula for success and reverse their fortunes? Only time will reveal the answers.
In the dynamic world of chemical specialties, staying informed and making informed decisions is vital. We remain committed to monitoring Perimeter Solutions SA's progress and providing you with insights and potential opportunities that may arise. Stay tuned for more expert analysis and captivating perspectives within the ever-evolving Chemicals: Specialty Industry.
PRM sees MACD Histogram crosses below signal line
PRM saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 20, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 15 instances where the indicator turned negative. In of the 15 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 12, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on PRM as a result. In of 28 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
PRM moved below its 50-day moving average on September 19, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for PRM crossed bearishly below the 50-day moving average on September 13, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 6 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PRM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for PRM entered a downward trend on September 29, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PRM advanced for three days, in of 82 cases, the price rose further within the following month. The odds of a continued upward trend are .
PRM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.613) is normal, around the industry mean (3.191). P/E Ratio (7.519) is within average values for comparable stocks, (26.627). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.392). Dividend Yield (0.000) settles around the average of (0.038) among similar stocks. P/S Ratio (2.486) is also within normal values, averaging (41.763).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. PRM’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. PRM’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Industry ChemicalsSpecialty
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FEQJX | 10.20 | N/A | N/A |
| Fidelity Advisor® Hedged Equity I | |||
| RLSMX | 12.00 | -0.05 | -0.41% |
| Lazard US Small Cap Equity Select R6 | |||
| ERASX | 35.48 | -0.15 | -0.42% |
| Eaton Vance Atlanta Capital SMID-Cap R6 | |||
| FGRCX | 18.51 | -0.08 | -0.43% |
| Fidelity Advisor® Mega Cap Stock C | |||
| IEDAX | 10.94 | -0.05 | -0.45% |
| Voya Large Cap Value A | |||
PRM and
Correlation & Price change
A.I.dvisor indicates that over the last year, PRM has been loosely correlated with KOP. These tickers have moved in lockstep 54% of the time. This A.I.-generated data suggests there is some statistical probability that if PRM jumps, then KOP could also see price increases.