Sirius XM Holdings Inc (NASDAQ:SIRI) price closed lower on Friday, April 12, dropping -3.89% below its previous close.
A look at the daily price movement shows that the last close reads $3.34. The company’s P/E ratio in the trailing 12-month period read 9.89. Taking into account the 52-week price action we note that the stock hit a 52-week high of $7.95 and 52-week low of $3.27. The stock subtracted -22.46% on its value in the past month.
Sirius XM Holdings Inc, which has a market valuation of $12.35 billion. The company stock has a Forward Dividend ratio of 0.10, while the dividend yield is 3.17%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give SIRI a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.27. The overview shows that SIRI’s price is at present -14.34% off the SMA20 and -25.21% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 13.57, with weekly volatility standing at 4.61%. The indicator jumps to 3.18% when calculated based on the past 30 days. Sirius XM Holdings Inc (NASDAQ:SIRI)’s beta value is holding at 1.05, while the average true range (ATR) indicator is currently reading 0.13. An analysis of the Sirius XM Holdings Inc (NASDAQ:SIRI) stock in terms of its daily trading volume indicates that the 3-month average is 15.03 million.
Current records show that the company has 3.84B in outstanding shares. The insiders’ percentage holdings are 83.76% of outstanding shares while the percentage share held by institutions stands at 10.93%. But the -41.32% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
