e.l.f. Beauty Inc (NYSE: ELF) Continues To Point Downwards

e.l.f. Beauty Inc (NYSE:ELF) price is hovering lower on Wednesday, April 17, dropping -0.61% below its previous close.

A look at today’s price movement shows that the recent level at last check reads $165.68. The company’s P/E ratio in the trailing 12-month period read 72.99. Taking into account the 52-week price action we note that the stock hit a 52-week high of $221.83 and 52-week low of $83.80. The stock subtracted -16.35% on its value in the past month.

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 ELF a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% 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 2.04. The overview shows that ELF’s price is at present -9.07% off the SMA20 and -11.53% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 36.80, with weekly volatility standing at 3.63%. The indicator jumps to 4.47% when calculated based on the past 30 days. e.l.f. Beauty Inc (NYSE:ELF)’s beta value is holding at 1.59, while the average true range (ATR) indicator is currently reading 8.25.

An analysis of the e.l.f. Beauty Inc (NYSE:ELF) stock in terms of its daily trading volume indicates that the 3-month average is 1.60 million.

Current records show that the company has 53.77M in outstanding shares. The insiders’ percentage holdings are 4.41% of outstanding shares while the percentage share held by institutions stands at 98.84%. But the 14.08% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.

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