With 9.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 9.25 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $24.69 whereas the lowest price it dropped to was $23.69. 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 up-trending over the past week, with a rise of 1.86%, but this was down by -1.07% over a month. Three-month performance surged to 2.95% while six-month performance rose 30.41%. The stock gained 63.95% in the past year, while it has lost -2.98% 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 70.57% 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.
