Primis Financial Corp Stock Price on June 23, 2022
| FRST Stock | USD 10.93 0.02 0.18% |
Below is the normalized historical share price chart for Primis Financial Corp extending back to November 01, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Primis Financial stands at 10.93, as last reported on the 24th of April, with the highest price reaching 11.06 and the lowest price hitting 10.82 during the day.
If you're considering investing in Primis Stock, it is important to understand the factors that can impact its price. Primis Financial Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the firm had a -0.11% return per unit of risk over the last 3 months. Primis Financial Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Primis Financial's Risk Adjusted Performance of (0.05), coefficient of variation of (1,108), and Variance of 3.24 to confirm the risk estimate we provide.
At this time, Primis Financial's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 377.6 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 15.4 M in 2024. . At this time, Primis Financial's Price Earnings Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 1.39 in 2024, whereas Price Sales Ratio is likely to drop 1.38 in 2024. Primis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of November 2006 | 200 Day MA 10.4073 | 50 Day MA 11.7872 | Beta 0.727 |
Primis |
Sharpe Ratio = -0.1118
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| Negative Returns | FRST |
Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Primis Financial is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Primis Financial by adding Primis Financial to a well-diversified portfolio.
Price Book 0.6581 | Price Sales 1.9266 | Shares Float 20.1 M | Dividend Share 0.4 | Wall Street Target Price 15.42 |
Primis Financial Valuation on June 23, 2022
It is possible to determine the worth of Primis Financial on a given historical date. On June 23, 2022 Primis was worth 13.33 at the beginning of the trading date compared to the closed value of 12.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Primis Financial stock. Still, in general, we apply an absolute valuation method to find Primis Financial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Primis Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Primis Financial's related companies.
| Open | High | Low | Close | Volume | |
| 13.45 | 13.45 | 12.33 | 12.33 | 50,413 | |
06/23/2022 | 13.33 | 13.33 | 12.39 | 12.39 | 68,050 |
| 13.25 | 14.21 | 13.11 | 13.11 | 432,564 |
| Backtest Primis Financial | | | Primis Financial History | | | Primis Financial Valuation | Previous | Next |
Primis Financial Trading Date Momentum on June 23, 2022
| On June 24 2022 Primis Financial Corp was traded for 13.11 at the closing time. The top price for the day was 14.21 and the lowest listed price was 13.11 . The trading volume for the day was 432.6 K. The trading history from June 24, 2022 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 5.81% . The trading delta at closing time against the current closing price is 8.72% . |
Primis Financial Corp Fundamentals Correlations and Trends
By evaluating Primis Financial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Primis Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Primis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Primis Financial Stock history
Primis Financial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Primis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Primis Financial Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Primis Financial stock prices may prove useful in developing a viable investing in Primis Financial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 24.7 M | 15.4 M | |
| Net Income Applicable To Common Shares | 20.4 M | 12.6 M |
Primis Financial Stock Technical Analysis
Primis Financial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Primis Financial Period Price Range
Low | June 23, 2022
| High |
13.33 | 12.39 |
Primis Financial April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Primis Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Primis Financial shares will generate the highest return on investment. By undertsting and applying Primis Financial stock market strength indicators, traders can identify Primis Financial Corp entry and exit signals to maximize returns
| Accumulation Distribution | 4798.72 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 12.86 | |||
| Day Typical Price | 12.7 | |||
| Price Action Indicator | (0.94) | |||
| Period Momentum Indicator | (1.46) | |||
| Relative Strength Index | 43.37 |
Primis Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Primis Financial's price direction in advance. Along with the technical and fundamental analysis of Primis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Primis to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.13) |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Primis Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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When running Primis Financial's price analysis, check to measure Primis Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Primis Financial is operating at the current time. Most of Primis Financial's value examination focuses on studying past and present price action to predict the probability of Primis Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primis Financial's price. Additionally, you may evaluate how the addition of Primis Financial to your portfolios can decrease your overall portfolio volatility.
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Is Primis Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Primis Financial. If investors know Primis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Primis Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.627 | Dividend Share 0.4 | Revenue Per Share 5.504 | Quarterly Revenue Growth 0.089 | Return On Assets 0.0021 |
The market value of Primis Financial Corp is measured differently than its book value, which is the value of Primis that is recorded on the company's balance sheet. Investors also form their own opinion of Primis Financial's value that differs from its market value or its book value, called intrinsic value, which is Primis Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Primis Financial's market value can be influenced by many factors that don't directly affect Primis Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Primis Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primis Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primis Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.