PesoRama (PESO) Stock Price Prediction from 2024 to 2045 (Complete Information)

PesoRama is a retail store chain that offers a wide range of clothing items to cost-conscious customers at an affordable rate without compromising with the quality. People residing across Mexico city are the primary target of the company and the company has as many as 23 stores in shopping malls. PesoRama sells budget-friendly household items starting from foods, beverages, goods such as bedding-items, kitchen-items, clothing items and much more.

In this article, we are going to present our expert’s analysis on PesoRama (PESO) Stock Price prediction from 2024 – 2045.

PesoRama (PESO) Stock Price Prediction 2024 – 2045

PesoRama (PESO) Stock Price Prediction 2024

After 3 months of consecutive fall in share price, PesoRama opened at 0.200 CAD in January 2024. So far in this year, the stock reached its highest price in March (CA$ 0.350). The expected target price of PesoRama (PESO) will be 0.160 CAD for 2024.

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PesoRama (PESO) Stock Price Prediction 2025

The average price of the stock of PesoRama (PESO) for 2025 will be CAD 0.171, with a high forecast of CAD 0.176, and a lower forecast of CAD 0.166.

PesoRama (PESO) Stock Price Prediction 2026

The average price of the stock of PesoRama (PESO) for 2026 will be CAD 0.182, with a high forecast of CAD 0.190, and a lower forecast of CAD 0.177.

PesoRama (PESO) Stock Price Prediction 2027

The average price of the stock of PesoRama (PESO) for 2027 will be CAD 0.194, with a high forecast of CAD 0.200, and a lower forecast of CAD 0.190.

PesoRama (PESO) Stock Price Prediction 2028

The average price of the stock of PesoRama (PESO) for 2028 will be CAD 0.207, with a high forecast of CAD 0.215, and a lower forecast of CAD 0.201.

PesoRama (PESO) Stock Price Prediction 2029

The average price of the stock of PesoRama (PESO) for 2029 will be CAD 0.221, with a high forecast of CAD 0.227, and a lower forecast of CAD 0.214.

PesoRama (PESO) Stock Price Prediction 2030

The average price of the stock of PesoRama (PESO) for 2030 will be CAD 0.235, with a high forecast of CAD 0.242, and a lower forecast of CAD 0.228.

PesoRama (PESO) Stock Price Prediction 2035

The average price of the stock of PesoRama (PESO) for 2035 will be CAD 0.324, with a high forecast of CAD 0.335, and a lower forecast of CAD 0.314.

PesoRama (PESO) Stock Price Prediction 2040

The average price of the stock of PesoRama (PESO) for 2040 will be CAD 0.446, with a high forecast of CAD 0.460, and a lower forecast of CAD 0.433.

PesoRama (PESO) Stock Price Prediction 2045

The average price of the stock of PesoRama (PESO) for 2045 will be CAD 0.613, with a high forecast of CAD 0.630, and a lower forecast of CAD 0.596.

PesoRama (PESO) Stock Price – Historical Pricing:

PesoRama (PESO) traded on the Toronto Stock Venture Exchange for the first time in May 2018. However, trading in the stock didn’t take place regularly in 2018 or 2019.

PesoRama (PESO) Stock Historical Pricing in 2018

In May 2018, the price at which the stock began trading in 2018 was 0.62 CAD. In December 2018 the stock price fell to 0.500 CAD and the stock ended up in 2018 at the same price.

PesoRama (PESO) Stock Historical Pricing in 2019

PesoRama’s share price made some completely flat candlestick from January 2019 to May 2019. However, suddenly in the middle of 2019 (particularly in May 2019), the stock stopped trading indefinitely.

PesoRama (PESO) Stock Historical Pricing in 2022

After almost 2.5 years, PesoRama (PESO) resumed trading in February 2022 at the price of 0.60 CAD per share. The stock made its all-time high at 0.75 CAD, that too in February. However, from March 2022, the price of the stock began to fall down. In April, PESO’s share price crashed by 35.71%, and in May the stock crashed by 30%.

The stock came to consolidation in July 2022 as its price touched 0.200 CAD. But, further consecutive crashes from October to December took the share price to as low as 0.090 CAD with the closing price being at 0.110 CAD.

PesoRama (PESO) Stock Historical Pricing in 2023

After a devastating fall in 2022, the price of PesoRama (PESO) rose 36.36% to 0.150 CAD against its opening price of 0.110 CAD in January 2023. After a few months, the stocks of PesoRama again took support in the same price range as January’s in May 2023 and went on an uptrend thereafter. In July 2023, the price of the stock made a yearly high of 0.345 CAD. The value of the shares again started declining from September and ended up at 0.200 CAD in December 2023.

PesoRama (PESO) Stock – Technical Analysis:

Chart and trend analysis:

After April 2024, the trend of the stock has turned into a downtrend. In the last 5 months of stock’s trading, it has closed in green only for one month – which is a clear indication of the downwards trend of the stock.

Support and resistance analysis:

The stock had taken support previously in December and November 2022 at the level of 0.110 CAD. This will act as a strong support level for PesoRama as long as the stock is below 0.140 CAD. The stock is likely to face a resistance around 0.185 CAD.

PesoRama (PESO) Stock – Fundamental Analysis:

Company financial overview:

PesoRama is an actively revenue producing company which currently stands at a valuation of 12.31M CAD. The company currently earns -0.09 CAD per share (EPS (TTM).

Performance overview:

PesoRama generates its inaugural revenue of 9.35M CAD in 2021. In 2022 and 2023, the numbers increased to 14.53M CAD and 20.52M CAD respectively. However, the net profit of the company still remains negative at -10.62M CAD for FY 2023. It has a 55.39% growth in sales in 2023 compares to 2024, the gross income climbed to 1.57M CAD in 2023 against -1.09M CAD in 2022.

Disclaimer

Please note that the predictions written here in this blog post are only for educational purposes. We do not claim for the predictions to be 100% accurate. The market is volatile and the stock price can make a significant move in a very low time. The author and everybody associated with this blog will not be responsible for any profit generated or any losses occurred.

PesoRama (PESO) Stock Price Prediction: FAQs

Hilda J. Condit

 

Welcome to PredictTorontoStocks! I’m Hilda J. Condit, a seasoned finance professional with a passion for the stock market and a deep-rooted connection to the Toronto Stock Exchange (TSX). With a Bachelor’s degree in Finance and specialized training from CSI Global Education’s Canadian Securities Course (CSC), I bring years of experience and expertise to the world of investment.

Over the years, I have had the privilege of working closely with the TSX, gaining valuable insights and building strong relationships with a diverse range of clients across Canada. My career has been dedicated to providing tailored investment advice and helping individuals and institutions navigate the complexities of the stock market.

In launching PredictTorontoStocks, my goal is to share my knowledge and offer precise stock price predictions to empower investors in making informed decisions. Drawing on my extensive experience and analytical skills, I am committed to delivering accurate forecasts and valuable insights that can help you achieve your investment goals.

Thank you for joining me on this journey. I look forward to contributing to your success in the dynamic world of Toronto stocks.