With 10.94 million shares changed hands, the volume of the stock remained heavier than its average volume of 9.59 million shares. The 52-week range on PATH shows that it touched its highest point at $27.87 and its lowest point at $12.38 during that stretch. It currently has a 1-year price target of $24.76. Beta for the stock currently stands at 0.97.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PATH was down-trending over the past week, with a drop of -5.32%, but this was down by -4.35% over a month. Three-month performance dropped to -10.46% while six-month performance rose 41.10%. The stock gained 42.89% in the past year, while it has lost -9.74% so far this year. A look at the trailing 12-month EPS for PATH yields -0.27 with Next year EPS estimates of 0.53. For the next quarter, that number is 0.16. This implies an EPS growth rate of 239.11% for this year and 11.78% for next year. EPS is expected to grow by 46.20% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -4.42%.
Float and Shares Shorts:
At present, 474.16 million PATH shares are outstanding with a float of 430.72 million shares on hand for trading. On Feb 15, 2024, short shares totaled 18.84 million, which was 3.33% higher than short shares on Jan 12, 2024. In addition to PATH as the firm’s UiPath, Inc., CMPS serves as its COMPASS Pathways Plc – American.
Institutional Ownership:
Through their ownership of 70.58% of PATH’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PATH since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
Summary of Insider Activity:
Insiders traded PATH stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 16 while that of sell transactions has risen to 120 over the past year. The total number of shares bought during that period was 2,553,969 while 30,879,994 shares were sold.
