Prestige Wealth (PWM) Stock Price, News & Analysis

Company Overview

Prestige Wealth Inc., through its subsidiaries, provides wealth management and asset management services. It assists its clients in identifying and purchasing wealth and asset management products. The company offers its services primarily for high net worth and ultra-high net worth individuals, including business owners, executives, heirs of rich families, and other affluent individuals in Asia primarily in the mainland China or Hong Kong. The company was incorporated in 2018 and is based in Central, Hong Kong. Prestige Wealth Inc. is a subsidiary of Prestige Financial Holdings Group Limited.

Key Stats

• Today's Range: $1.15 to $1.28
• 50-Day Range: $0.77 to $1.78
• 52-Week Range: $0.67 to $2.64
• Volume: 207,125 shs
• Average Volume: 461,256 shs
• Market Capitalization: $10.44 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Prestige Wealth Stock Analysis - MarketRank™

Prestige Wealth scored higher than 9% of companies evaluated by MarketBeat, and ranked 925th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Prestige Wealth.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Prestige Wealth has a P/B Ratio of 1.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

36.31% of the float of Prestige Wealth has been sold short.

Short Interest Ratio / Days to Cover

Prestige Wealth has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Prestige Wealth has recently decreased by 46.39%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Prestige Wealth does not currently pay a dividend.

Dividend Growth

Prestige Wealth does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

36.31% of the float of Prestige Wealth has been sold short.

Short Interest Ratio / Days to Cover

Prestige Wealth has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Prestige Wealth has recently decreased by 46.39%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.95

News Sentiment

Prestige Wealth has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.75 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Prestige Wealth this week, compared to 0 articles on an average week.

Search Interest

Only 2 people have searched for PWM on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Prestige Wealth insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 7.68% of the stock of Prestige Wealth is held by institutions.

PWM Stock Analysis - Frequently Asked Questions

How have PWM shares performed this year?

Prestige Wealth's stock was trading at $2.10 on January 1st, 2024. Since then, PWM stock has decreased by 44.8% and is now trading at $1.16.
View the best growth stocks for 2024 here.

When did Prestige Wealth IPO?

Prestige Wealth (PWM) raised $6 million in an initial public offering (IPO) on Thursday, July 6th 2023. The company issued 1,000,000 shares at $5.00-$6.00 per share. Revere Securities served as the underwriter for the IPO.

How do I buy shares of Prestige Wealth?

Shares of PWM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Prestige Wealth own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Prestige Wealth investors own include SoFi Technologies (SOFI), SAP (SAP), Advanced Micro Devices (AMD), Arista Networks (ANET), AutoZone (AZO), Alibaba Group (BABA) and BlackRock (BLK).

Company Calendar

• Today: 12/22/2024
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Nondepository credit institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:PWM
• CUSIP: N/A
• CIK: 1765850
• Web: www.prestigewm.hk
• Phone: 852-2122-8560
• Fax: N/A
• Employees: 4
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $348,528.00
• Price / Sales: 29.95
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.69 per share
• Price / Book: 1.68

Miscellaneous

• Outstanding Shares: 9,000,000
• Free Float: N/A
• Market Cap: $10.44 million
• Optionable: Not Optionable
• Beta: 3.72