Largest Positive Opening Gaps for PFFA

How does PFFA usually behave after a large gap-up move?

Using the 12 largest gap-up moves over the last 3 years in PFFA stock, the average move was +1.5% with the single largest opening gap of +1.9% occurring on 14-Nov-2023. Following the opening, PFFA tended to drift lower to the closing price 100% of the time for an average loss of -0.9%. The following day, PFFA stock price averaged +0.4% gains, with up moves more frequent than down moves. The stock was up 75% of the time in that period one day after these significant gaps.

Catalysts

3 of PFFA's 12 largest moves corresponded with a large gap up in the overall market. 1 of the moves coincided with a company-issued press release.

Open-to-High and Open-to-Low

The largest percentage gain from the open to the high of the day was +1.6% on 8-Apr-2025, while the biggest drop from the open to the low was -1.3% on 8-Apr-2025. On average, the PFFA stock price gain from the opening price to the highest point of the day was +0.3%, and the average drop to the lowest point was -0.7%.

Day Drift Open-to-Close

The best performance in PFFA stock price from opening price to closing price (referred to as the "drift" for the day) was on 14-Nov-2023 for a -0.5% loss after the stock gapped up +1.9% at the open. The worst worst return from the opening price to the closing price was on 16-Jun-2023 when the stock lost -1.7% after the stock gapped up +1.4%. Overall in the 12 available observations, the stock drifted lower 100% of the time for an average loss of -0.9%.