Prologis Inc (NYSE:PLD) shares traded 0.51% higher at $109.49 on Wall Street last session.
PLD stock price is now 4.63% away from the 50-day moving average and -4.25% away from the 200-day moving average. The market capitalization of the company currently stands at $104.07B.
On April 07, 2025, Scotiabank Downgraded its previous ‘Sector Perform’ rating to ‘Sector Underperform’ on the stock keeping its target price maintained at $97, while ‘Raymond James’ rates the stock as ‘Mkt Perform’
In other news, Ghazal Joseph, Chief Investment Officer sold 10,997 shares of the company’s stock on Feb 05 ’25. The stock was sold for $1,305,784 at an average price of $118.74. Upon completion of the transaction, the Chief Investment Officer now directly owns 7,977 shares in the company, valued at $0.87 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 05 ’25, Officer Ghazal Joseph bought 10,997 shares of the business’s stock. A total of $1,305,830 was incurred on buying the stock at an average price of $118.74. A total of 0.44% of the company’s stock is owned by insiders.
During the past 12 months, Prologis Inc has had a low of $85.35 and a high of $132.57. As of last week, the company has a debt-to-equity ratio of 0.62, a current ratio of 0.30, and a quick ratio of 0.30. The net profit margin was 44.52% and return on equity was 7.01% for PLD. For the current quarter, analysts expect PLD to generate $2.02B in revenue.
