How to Buy Perimeter Solutions Stock
Perimeter Solutions Inc
Perimeter Solutions is a specialty chemical company located in Luxembourg, which is part of the Basic Materials sector, and is traded under the ticker PRM on the NYSE exchange.
Perimeter Solutions stock last closed at $12.63, up 5.43% from the previous day, and has increased 210.32% in one year. It has overperformed other stocks in the Specialty Chemicals industry by 2.18 percentage points. Perimeter Solutions stock is currently +225.52% from its 52-week low of $3.88, and -12.53% from its 52-week high of $14.44.
There are currently 146.23M shares of PRM outstanding. The market value of PRM is $1.85B. In the last 24 hours, 2.51M PRM shares were traded.
How to Buy Perimeter Solutions Stock
Not sure how to invest in Perimeter Solutions stock? Here's how.
- Figure out where to buy Perimeter Solutions stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Perimeter Solutions stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Pick your method of payment and add your details.
- Analyze Perimeter Solutions stock: The Perimeter Solutions ticker symbol is PRM. Is Perimeter Solutions stock a good investment? Should you buy shares of PRM? How do PRM's underlying business fundamentals look? Do top analysts think Perimeter Solutions is a good buy? Why has PRM's stock price moved recently? (Hint: Our stock research tools can help you understand if PRM is a good stock to buy).
- Place your PRM purchase: Decide if you will purchase PRM shares at the current market price or use a limit order to purchase PRM shares at a particular price.
- Track your PRM position: Create a watchlist to important updates regarding your position in Perimeter Solutions shares.
Step 1: Figure out where to buy Perimeter Solutions stock
You need a brokerage account to access the NYSE market and buy PRM stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
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- Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal info so you are able to invest in PRM today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create your new trading account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have created your account on app for investing, you need to deposit funds:
Check out the tutorial below to see the process of depositing funds into your investment account.
Step 4: Analyze Perimeter Solutions stock
After you have figured out the best place to buy Perimeter Solutions stock, it's critical to research their stock prior to buying, so you can comprehend the risk and upside.
Perimeter Solutions quick stats
Perimeter Solutions Overview
WallStreetZen was created to help part-time investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on PRM's stock page.
Is PRM stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge PRM's fair value.
Using relative valuations methods:
- PRM could be undervalued based on its P/B ratio of 1.85x, relative to Specialty Chemicals industry P/B ratio of 3.11x
You can do additional valuation analysis on PRM's stock here.
How do PRM Financials look?
Pros:
- PRM's operating cash flow of $204.80M allows it to safely service it's debt of $687.12M.
- There are more short-term assets than short-term liabilities on the PRM balance sheet.
Cons:
- PRM has a relatively high debt to equity ratio of 1.46.
- There are more long-term liabilities than short-term assets on the PRM balance sheet.
- PRM profit margin has gone down from 6.7% to -30.6% in the past year.
- PRM earnings of -$72.39M is not enough to cover its interest payments.
Is it a good time to buy Perimeter Solutions stock, according to Wall Street analysts?
Out of 2 sell side analysts who monitor PRM, the consensus analyst rating on PRM is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Perimeter Solutions stock forecast page.
Metrics for Advanced PRM Traders
PRM Revenue
Last year, PRM revenue was $534.19M. Over the past 1 years, PRM's revenue has gone up by 75.76% per year. This was faster than the Specialty Chemicals industry average of 5.09%.
Dig into PRM's earnings and revenue performance here.
Latest Insiders Trades at PRM
In the last 12 months, executives and large shareholders at PRM have sold more shares than they have bought.
Tracy Britt Cool, Director of PRM, was the latest PRM insider to sell. They sold $640,500.00 worth of PRM shares on Nov 22, 2024.
Learn more about who owns PRM stock here.
Does PRM provide a stable income stream?
No, Perimeter Solutions doesn't provide an income stream by paying out dividends.
What do other investors have to say about PRM?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your PRM purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.
Hit the Open Trade button and your broker will place your order.
If you need additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Track your PRM position
Now that you own some shares in PRM, you'll want to keep up with your new investment.
Make a watchlist to get alerted to the latest events about your PRM stock.
PRM Feed
How to Buy Stock in Perimeter Solutions
To summarize, here are the 6 steps to buy stock in Perimeter Solutions:
- Figure out where to buy Perimeter Solutions stock
- Create your brokerage account
- Put funds into your investment account
- Analyze Perimeter Solutions stock
- Place your PRM purchase
- Track your PRM position
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep track of your investment in Perimeter Solutions, add PRM to your watchlist by clicking the button below.
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