DENTSPLY Sirona Inc: Analyzing The XRAY Stock

DENTSPLY Sirona Inc (NASDAQ:XRAY) price closed lower on Tuesday, April 16, dropping -0.32% below its previous close.

A look at the daily price movement shows that the last close reads $30.89. Taking into account the 52-week price action we note that the stock hit a 52-week high of $43.24 and 52-week low of $26.27. The stock subtracted -6.24% on its value in the past month.

DENTSPLY Sirona Inc, which has a market valuation of $6.38 billion. The company stock has a Forward Dividend ratio of 0.58, while the dividend yield is 1.88%. 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 XRAY 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 100% Sell.

The overview shows that XRAY’s price is at present -5.16% off the SMA20 and -6.82% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 32.86, with weekly volatility standing at 2.65%. The indicator jumps to 2.32% when calculated based on the past 30 days. DENTSPLY Sirona Inc (NASDAQ:XRAY)’s beta value is holding at 0.99, while the average true range (ATR) indicator is currently reading 0.83.

An analysis of the DENTSPLY Sirona Inc (NASDAQ:XRAY) stock in terms of its daily trading volume indicates that the 3-month average is 3.55 million.

Current records show that the company has 207.20M in outstanding shares. The insiders’ percentage holdings are 0.98% of outstanding shares while the percentage share held by institutions stands at 104.96%. But the -13.49% 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.

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