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PAX stock touches 52-week high at $13.35 amid market fluctuations

Published 05/06/2025, 16:00
PAX stock touches 52-week high at $13.35 amid market fluctuations
PAX
-0.08%

In a notable performance amidst a volatile market, Patria Investments (PAX) stock has reached a 52-week high, trading at $13.35. According to InvestingPro data, the company shows strong momentum with impressive returns of ~8% over the past six months and appears undervalued based on Fair Value analysis. This peak reflects a significant milestone for the company, showcasing a resilient trajectory over the past year. Despite the ebb and flow commonly seen in the financial markets, Patria Investments has managed to secure a positive return, supported by strong fundamentals including a 61% gross profit margin and consistent dividend payments for five consecutive years. This recent high offers a glimpse into the potential of PAX stock as it carves out its path in the investment landscape. For deeper insights and additional ProTips, including detailed valuation metrics and growth forecasts, explore the comprehensive research available on InvestingPro.

In other recent news, Patria Investments Limited reported first-quarter earnings that did not meet analyst expectations. The company announced adjusted earnings per share of $0.23, which fell short of the consensus estimate of $0.31. Revenue for the quarter was $79.6 million, below the projected $102.14 million. Despite these results, Patria Investments highlighted a strong fundraising effort, securing $3.2 billion, which the CEO described as an exciting start to the year. The company remains optimistic about reaching its $6 billion fundraising target for 2025. Patria also reported a 21% year-over-year increase in Fee Related Earnings, totaling $42.6 million, and a Fee Earning Assets Under Management increase of 46% year-over-year. Additionally, the company declared a quarterly dividend of $0.15 per share, payable on June 12. Total (EPA:TTEF) assets under management stood at over $45 billion at the end of the quarter.

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