Birds Eye View Technical Analysis for Patriot National, Inc. (NYSE:PN)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Patriot National, Inc. (NYSE:PN) for the period of 9-Day stands at 23.92% while the stochastic %D for the same period stands at 17.7%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Patriot National, Inc. (NYSE:PN) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Patriot National, Inc. (NYSE:PN) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Patriot National, Inc. (NYSE:PN)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Patriot National Inc is a provider of comprehensive outsourcing solutions within the workers’ compensation marketplace for insurance companies, employers, local governments and reinsurance captives. It provides general agency services, specialty underwriting and policyholder services and claims administration services to its insurance carrier clients and other clients. Patriot National Inc. is headquartered in Fort Lauderdale, Florida.

Previous Day Activity Analysis

On the last trading day, Patriot National, Inc. (NYSE:PN) opened the session at $1 and after going up 18.45% closed at $1.22. The stock gained 0.22 points in the last trade.

Patriot National, Inc. (NYSE:PN)’s stock fluctuated in the range of $1.00 and $1.55 during the previous active session. Patriot National, Inc. (NYSE:PN) traded with the volume of 1.1 Million with average volume of 98.82 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 0 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.15 and 46.03 respectively.

Currently the Insider Ownership of the shares of Patriot National, Inc. (NYSE:PN) is at 27.8% and the shares outstanding are 22.7 Million.

Important Ratio Analysis

Some important ratios to consider here for Patriot National, Inc. (NYSE:PN) are discussed below:

Dividend yield of Patriot National, Inc. (NYSE:PN) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The PEG ratio (Price to Earning to Growth) emits the value of 0. The Price to Sale P/S and Price to Book P/B shows the value of 0.12 and 0.38 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 2.1 and 1.63 correspondingly.

The Quick Ratio of Patriot National, Inc. (NYSE:PN) stands at 0 while the Current Ratio depicts the value of 0.

Return on Assets ROA of Patriot National, Inc. (NYSE:PN) is at 4.7% whereas, Return on Equity ROE and Return of Investment ROI of Patriot National, Inc. (NYSE:PN) stand at 17.2% and 2.3% respectively.

Stock Performance Analysis

The stock performance of Patriot National, Inc. (NYSE:PN) on the basis of 5 day trade show the jump of 24.49% whereas, the monthly performance of the stock shows increase of 4.27%.

The quarterly performance of the stock remained in red zone with the value of -41.06% while six month performance of the shares of Patriot National, Inc. (NYSE:PN) remained bearish with the count of -42.99%.

The yearly and YTD performance of Patriot National, Inc. (NYSE:PN) remained down at -78.04% and -73.76% respectively.