This trade activity should not be overlooked: ChargePoint Holdings Inc (CHPT)

With 8.42 million shares changed hands, the volume of the stock remained lighter than its average volume of 11.24 million shares. During the session, the Specialty Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $1.32 whereas the lowest price it dropped to was $1.27. The 52-week range on CHPT shows that it touched its highest point at $3.54 and its lowest point at $1.21 during that stretch. It currently has a 1-year price target of $2.37. Beta for the stock currently stands at 1.69.

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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 CHPT was down-trending over the past week, with a drop of -6.62%, but this was down by -6.62% over a month. The stock lost -51.34% in the past year, while it has lost -45.73% so far this year. A look at the trailing 12-month EPS for CHPT yields -0.98 with Next year EPS estimates of -0.34. For the next quarter, that number is -0.17. This implies an EPS growth rate of 50.08% for this year and 43.36% for next year.

Float and Shares Shorts:

At present, 421.12 million CHPT shares are outstanding with a float of 393.03 million shares on hand for trading. On 2024-10-15, short shares totaled 113.45 million, which was 2629.0000000000005 higher than short shares on 1726185600. In addition to Mr. Richard Wilmer as the firm’s President, CEO & Director, Ms. Mansi Khetani serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.57518 of CHPT’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-07-31, CHPT reported revenue of $108539000.0 and operating income of -$62746000.0. The EBITDA in the recently reported quarter was -$53215000.0 and diluted EPS was -$0.16.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CHPT 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.