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. After-hours trades for Proterra Inc. (PTRA) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $4.15. The Proterra Inc. has recorded 46,785 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Proterra CEO Gareth Joyce Appointed by President Biden to the President’s Export Council.
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As a NASDAQ listed company, PTRA falls under the Consumer Cyclical sector while operating within the Auto Manufacturers industry segment. At the end of the last regular session, the stock closed at $4.15 and fluctuated between $4.1600 as its day high and $3.8900 as its day low. The current market capitalization of Proterra Inc. is $981.31M. A total of 1.13 million shares were traded on the day, compared to an average of 1.32M shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, PTRA has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 9,574 shares. Over the last 12 months, there were 9 BUYs and 8 SELLs from insiders. Insiders purchased 1,034,604 shares during that period but sold 81,465.
In the most recent transaction, Padilla Karina F sold 9,574 shares of PTRA for 4.87 per share on Jan 26. After the transaction, the Chief Financial Officer now owns 220,773 company shares. In a previous transaction on Jan 23, Joyce Gareth T sold 22,534 shares at 5.01 per share. PTRA shares that CEO and President owns now total 355,272.
Among the insiders who sold shares, Covington JoAnn disposed of 52,446 shares on Nov 14 at a per-share price of $7.51. This resulted in the Chief Legal Officer, Secy holding 127,125 shares of PTRA after the transaction. In another insider transaction, Covington JoAnn sold 3,492 shares at $6.09 per share on Sep 02. Company shares held by the Chief Legal Officer, Secy now total 127,125.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for PTRA in the last 3 months, the mean price target is $7.92 with high estimates of $10.00 and low estimates of $6.50. In terms of 52-week highs and lows, PTRA has a high of $8.09 and a low of $3.47.
As of this writing, PTRA has an earnings estimate of -$0.24 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of -$0.21 per share and a lower estimate of -$0.29.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.
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. Currently, 6 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 PTRA is Overweight with a score of 4.00. A total of 4 analysts rated the stock as Buy while 0 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.