Investing In Penguin Solutions Inc (NASDAQ: PENG): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NASDAQ and operates within the Information Technology Services industry segment. The current market capitalization of Penguin Solutions Inc is $1.07B. A total of 0.76 million shares were traded on the day, compared to an average of 954.58K shares.

In the most recent transaction, Clark Joseph Gates sold 2,131 shares of PENG for 20.94 per share on Jan 23 ’25. After the transaction, the SVP and Pres, Optimized LED now owns 89,469 company shares. In a previous transaction on Jan 23 ’25, JOSEPH CLARK bought 2,131 shares at 21.34 per share.

Among the insiders who sold shares, Pacheco Jack A disposed of 6,667 shares on Jan 21 ’25 at a per-share price of $20.55. This resulted in the EVP, COO, Pres, Integrated Mem holding 231,548 shares of PENG after the transaction. In another insider transaction, Pacheco Jack A sold 6,666 shares at $20.00 per share on Dec 26 ’24. Company shares held by the EVP, COO, Pres, Integrated Mem now total 235,960.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, PENG has a high of $29.81 and a low of $14.87.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. PENG’s latest balance sheet shows that the firm has $222.99M in Cash & Short Term Investments as of fiscal 2021. There were $398.26M in debt and $583.80M in liabilities at the time. Its Book Value Per Share was $7.49, while its Total Shareholder’s Equity was $318.92M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PENG is Buy with a score of 4.86.

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