Prestige Brands (PBH) Shares Up 9.7% on Strong Earnings

Lloyd Doyle
May 12, 2018

Prestige Brands Holdings, Inc., through its subsidiaries, markets, sells, makes, and distributes over-the-counter healthcare and household cleaning products in North America, Australia, and internationally.

Shares of Prestige Brand Holdings (NYSE:PBH) plunged -2.1% or -0.61 to reach at $28.49 during previous trading session. 164,737 shares of the stock traded hands, compared to its average volume of 774,412. (PBH) stock closed at $35.25 by scoring 23.73%. Rent-A-Center Inc (NASDAQ:RCII) has a market capitalization of $496.68 Million and most recently 53.41 Million outstanding shares have been calculated. The company's beta value is at 1.15.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. The stock price is showing -4.16% distance below 50 SMA. The stock was purchased at an average price of $33.90 per share, for a total transaction of $50,850.00. Prestige Brands has a 12-month low of $31.98 and a 12-month high of $36.90.

EVHC has discernible measure of stock volatility.

Average true range (ATR-14) of the company sets at 1.06, along with its weekly and monthly volatility of 4.19% and 3.37% respectively. Volatility will tell you how serious the movement is. Range and volatility are fundamental concepts in technical analysis and true range comes up frequently, not only as a concept but also as the underlying calculation, in more complex indicators. A low ATR value correlates with a weaker trend movement.

Asian stock markets rallied, tracing gains on Wall Street after weaker than expected inflation figures soothed concerns about a possible acceleration of interest rate hikes. The higher the volume during the price move, the more significant the progress.

Using the 30 and 70 level to see overbought and oversold conditions: It is only when the RSI begins to approach the 30 or 70 levels that traders pay attention.

One gauge of the relative volatility of a specific stock to the market is its beta. When the line is above 70, an uptrend is likely to come to an end. More interesting news about Prestige Brands Holdings, Inc. (PBH) has a RSI reading of 64.69.

Prestige Brand Holdings (NYSE:PBH) as of recent trade, has shown weekly upbeat performance of 19.98% which was maintained at 9.1% in 1-month period. (PBH) stock is now trading -33.39% away from its average-price of 200 days while it maintained a distance of -13.66% from its 50 Days Moving Average and -6.78% compared with the 20 Day Moving Average. The YTD performance remained at -20.63%.

Along recent positive drift, stock price presented -46.04% lower comparing value from it 52-week high point and showed 47.54% higher in value from its 52-week low point. The ATR may be used by market technicians to enter and exit trades, and it is a useful tool to add to a trading system. The stock price went below -17.36% from its 200-day simple moving average identifying long-term down trend. Prestige Brand Holdings (NYSE:PBH) has a Return on Assets (ROA) of 10. ROA shows how effective the firm is at using their total assets to generate profit. The Return on Equity (ROE) value stands at 41.1%. Federated Investors Inc. PA now owns 141,519 shares of the company's stock worth $4,772,000 after purchasing an additional 14,863 shares during the last quarter. ROI is a performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments. Time is usually of the essence in this measurement because it takes time for an investment to realize a benefit. JPMorgan Chase & Co. raised its holdings in Prestige Brands by 21.4% during the first quarter. It gives the investors the idea on the company's financial leverage, measured by apportioning total liabilities by its stockholders equity. The company has a quick ratio of 1.43, a current ratio of 2.19 and a debt-to-equity ratio of 1.69. The current ratio for HCSG is 2.80 and that of PBH is 2.20.

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