(PRCH) Porch - Ratings and Ratios

Porch Group Inc (NASDAQ:PRCH) operates as a vertically integrated software and insurance platform, serving the U.S. market. The company is divided into two primary segments: Vertical Software and Insurance. The Vertical Software segment delivers software solutions and services to inspection, mortgage, and title companies on both subscription and transactional models. Additionally, it provides move-related services, including tools for mover and homeowner marketing, measurement software for roofers, and title insurance software. The Insurance segment offers home protection products, including property-related insurance, captive reinsurance, and warranty products under brands like Porch Warranty, American Home Protect, and Residential Warranty Services. Headquartered in Seattle, Washington, Porch Group was established in 2011.

The companys technical profile indicates a stock trading at $6.70 with a 20-day average volume of 3,074,112 shares. Key moving averages include SMA 20-day at $4.77, SMA 50-day at $4.84, and SMA 200-day at $2.77. The Average True Range (ATR) is $0.46, reflecting moderate volatility. Support levels are identified at $5.2, $4.3, $2.3, and $1.4. Fundamental analysis highlights a market capitalization of $486.92 million, a price-to-sales ratio of 1.08, and a return on equity of 85.39%. The price-to-book ratio stands at 1.80, indicating a premium to book value.

3-Month Forecast: Based on and , the stock is expected to test support at $5.2 and $4.3 levels. Upside resistance is anticipated at $8.0, with potential to breach the 200-day SMA of $2.77. The low ATR of $0.46 suggests manageable volatility, while the high return on equity of 85.39% and reasonable P/S ratio of 1.08 may attract value-driven investors, potentially driving the stock toward the $8.0 resistance level.