Stock Traders Purchase Large Volume of Call Options on Pinterest (NYSE:PINS)
Pinterest (NYSE:PINS) was the target of some unusual options trading on Tuesday. Stock traders bought 89,158 call options on the company. This represents an increase of approximately 960% compared to the average daily volume of 8,408 call options.
PINS opened at $21.51 on Wednesday. Pinterest has a 52-week low of $17.39 and a 52-week high of $36.83. The company has a current ratio of 13.75, a quick ratio of 13.75 and a debt-to-equity ratio of 0.08. The business’s 50-day simple moving average is $18.81 and its 200 day simple moving average is $25.32.
Pinterest (NYSE:PINS) last released its earnings results on Thursday, October 31st. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $0.16. The company had revenue of $279.70 ...