How have the shares performed?
PyroGenesis Canada Inc. (PYR) saw an uptrend of 7.95% in the recent trading with $5.57 being its most recent. The current price level -53.58% lower than the highest price of $12.00 marked by the stock while trading over the past 52-weeks, whereas it is 559.17% higher than the lowest price of $0.85 the company dropped to over past 52-weeks. The latest news story on PYR appeared in GlobeNewswire under the title “PyroGenesis Announces $700,000 Grant from SDTC to Develop a Pilot System to Transform Quartz into Fumed Silica with HPQ Silicon Resources” on May-27-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -3.97% below one month high and is +46.19% above of the lowest during that time. Looking into the simple moving average, PyroGenesis Canada Inc. (PYR)’s stock stands at a SMA-50 of $5.52 while that of 5-day is reading $5.26.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and PYR’s SMA-200 as of now is $4.36.
PyroGenesis Canada Inc. Earnings – What Happened With PYR
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $6.26 billion.
PYR – PyroGenesis Canada Inc. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 164.50 million. PYR does have institutional investors; and they hold 0.43% of the stock.
PyroGenesis Canada Inc. – Insider Activity and Holdings
As on Mar 30, 2021, ARK ETF Tr-ARK The 3D Printing ETF was the top most holder in PyroGenesis Canada Inc. (NASDAQ:PYR) with an ownership of 0.21 million shares of the company or 0.13% of the stake worth $1.44 million. The filing also reveals TIFF Multi-Asset Fund as the second largest holder in the company with a control over 0.03% of the outstanding shares. Its stake is worth $0.14 million for having 50000.0 shares in hand.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. The count was 4.82 for long-term debt to equity ratio.
Technical Analysis of PyroGenesis Canada Inc. (NASDAQ:PYR) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for PyroGenesis Canada Inc. (PYR), we notice that the stock’s 20-day average volume is at 199,205 shares. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 211,544 shares. And to end, PYR’s 100-day average volume is 266,731 shares with 50% of the long-term indicators pointing towards Buy for the stock.