Vertiv Holdings Co (NYSE:VRT) price closed lower on Friday, April 12, dropping -2.84% below its previous close.
A look at the daily price movement shows that the last close reads $86.34. The company’s P/E ratio in the trailing 12-month period read 71.31. Taking into account the 52-week price action we note that the stock hit a 52-week high of $88.69 and 52-week low of $11.95. The stock added 14.34% on its value in the past month.
Vertiv Holdings Co, which has a market valuation of $32.04 billion. The company stock has a Forward Dividend ratio of 0.05, while the dividend yield is 0.06%. 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 VRT a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 2.67. The overview shows that VRT’s price is at present 3.46% off the SMA20 and 17.46% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 59.47, with weekly volatility standing at 5.38%. The indicator jumps to 5.08% when calculated based on the past 30 days. Vertiv Holdings Co (NYSE:VRT)’s beta value is holding at 1.60, while the average true range (ATR) indicator is currently reading 4.22. An analysis of the Vertiv Holdings Co (NYSE:VRT) stock in terms of its daily trading volume indicates that the 3-month average is 7.93 million.
Current records show that the company has 381.79M in outstanding shares. The insiders’ percentage holdings are 4.37% of outstanding shares while the percentage share held by institutions stands at 88.82%. But the 74.66% upside, 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.
