The price of PLBY Group Inc (NASDAQ:PLBY) shares last traded on Wall Street rose 6.61% to $1.29.
PLBY stock price is now 41.64% away from the 50-day moving average and 48.74% away from the 200-day moving average. The market capitalization of the company currently stands at $115.57M.
With the price target reduced from $2 to $1.50, Stifel maintained Hold rating for PLBY Group Inc (NASDAQ: PLBY). On May 11, 2023, ROTH MKM Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $2, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, Kohn Bernhard L III, CEO & President sold 79,330 shares of the company’s stock on Aug 20 ’24. The stock was sold for $43,949 at an average price of $0.55. Upon completion of the transaction, the CEO & President now directly owns 2,661,346 shares in the company, valued at $3.43 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 19 ’24, CEO & President Kohn Bernhard L III sold 69,871 shares of the business’s stock. A total of $43,362 was realized by selling the stock at an average price of $0.62. This leaves the insider owning 2,740,676 shares of the company worth $3.54 million. A total of 55.86% of the company’s stock is owned by insiders.
During the past 12 months, PLBY Group Inc has had a low of $0.45 and a high of $1.55. The fifty day moving average price for PLBY is $0.9001 and a two-hundred day moving average price translates $0.86647 for the stock.
The latest earnings results from PLBY Group Inc (NASDAQ: PLBY) was released for 2024-09-30. The net profit margin was -72.55% and return on equity was -477.69% for PLBY. The company reported revenue of $12.86 million for the quarter, compared to $16.28 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -20.96 percent.
