Piper Sandler Companies stock trades under the ticker PIPR & has shown recent bullishness that traders & investors should research further into for when market volatility subsides.
PIPR stock closed at $134.18/share on 4/12/2023.
Piper Sandler Companies PIPR Stock’s Technical Performance Broken Down
PIPR Stock Price: $134.18
10 Day Moving Average: $133.83
50 Day Moving Average: $141.93
200 Day Moving Average: $127.80
RSI: 46.08
MACD: -2.079
Yesterday, PIPR stock completed a bullish MACD crossover, gaining +0.32% on the day’s session.
Their RSI is neutral, with recent trading volumes being below average compared to the year prior, signaling investors are being cautious in how they value the stock.
While they closed above their 10 day moving average yesterday, the day’s hanging man candlestick signals more near-term volatility is on the horizon, so traders & investors should be watching their behavior at support levels to begin planning future entry points for when broader market volatility is lower.
PIPR stock has support at the $133.83 (10 day moving average), $133.53 & $132.41/share price levels & has resistance at the $141.93 (50 day moving average), $142.44 & $142.62/share price levels.
Piper Sandler Companies PIPR Stock As A Long-Term Investment
Long-term oriented investors will like PIPR stock’s 20.51 P/E (ttm) & their 2.25 P/B (mrq).
They recently reported -39.7% Quarterly Revenue Growth Y-o-Y, with -66.4% Quarterly Earnings Growth Y-o-Y, which prospective investors will want to research further into.
Their balance sheet looks appealing at first glance, with $705.6M of Total Cash (mrq) & $239.92M of Total Debt (mrq).
PIPR stock pays a 1.79% dividend, which appears to be sustainable in the long-run, as their payout ratio is 36.81%.
66.65% of PIPR stock’s outstanding share float is owned by institutional investors.
Piper Sandler Companies PIPR Stock As A Short-Term Trade Using Options
Traders with shorter time horizons can trade options to profit from PIPR stock’s price movements, while protecting their portfolios from broader market volatility.
I am looking at the contracts with the 6/16 expiration date.
There are currently no calls with strike prices in-the-money for this date, but that will likely change as there are 2 expiration dates in the meantime that may shuffle liquidity.
The $143.75 & $138.75 puts are in-the-money, with the former having more open interest than the latter.
Tying It All Together
PIPR stock has many interesting attributes that traders & investors will want to look closer into in anticipation of when markets become less volatile.
Investors will like their balance sheet, valuation metrics & sustainable dividend, but may want to review their recently reported growth metrics.
Traders will like their recent technical performance, but may be disappointed by how illiquid their options are.
All-in-all, it is worth taking a closer look into PIPR stock to see how it fits into your portfolio strategy when the broader markets are less volatile.
*** I DO NOT OWN SHARES OR OPTIONS CONTRACT POSITIONS IN PIPR STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***