The price of Paramount Group Inc (NYSE:PGRE) shares last traded on Wall Street rose 4.73% to $6.64.
PGRE stock price is now 15.80% away from the 50-day moving average and 34.27% away from the 200-day moving average. The market capitalization of the company currently stands at $1.58B.
With the price target maintained at $8, Evercore ISI recently Upgraded its rating from In-line to Outperform for Paramount Group Inc (NYSE: PGRE). On April 15, 2025, Morgan Stanley Downgraded its previous ‘Equal-Weight’ rating to ‘Underweight’ on the stock keeping its target price maintained at $3.25, while ‘Evercore ISI’ rates the stock as ‘In-line’
In other news, Behler Albert P., Chairman, CEO and President bought 10,000 shares of the company’s stock on Mar 21 ’25. The stock was bought for $41,470 at an average price of $4.15. Upon completion of the transaction, the Chairman, CEO and President now directly owns 751,812 shares in the company, valued at $4.99 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 14 ’25, Chairman, CEO and President Behler Albert P. bought 50,000 shares of the business’s stock. A total of $203,900 was incurred on buying the stock at an average price of $4.08. This leaves the insider owning 741,812 shares of the company worth $4.93 million. A total of 15.98% of the company’s stock is owned by insiders.
During the past 12 months, Paramount Group Inc has had a low of $3.75 and a high of $6.62. As of last week, the company has a debt-to-equity ratio of 1.20, a current ratio of 8.68, and a quick ratio of 8.68. The fifty day moving average price for PGRE is $5.7338 and a two-hundred day moving average price translates $4.94525 for the stock.
The latest earnings results from Paramount Group Inc (NYSE: PGRE) was released for 2025-03-31. The net profit margin was -8.76% and return on equity was -2.11% for PGRE. The company reported revenue of $187.02 million for the quarter, compared to $188.88 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.98 percent.
