Costar Group, Inc. (NASDAQ:CSGP) price closed lower on Tuesday, April 16, dropping -1.42% below its previous close.
A look at the daily price movement shows that the last close reads $87.53. The company’s P/E ratio in the trailing 12-month period read 93.73. Taking into account the 52-week price action we note that the stock hit a 52-week high of $100.38 and 52-week low of $67.35. The stock subtracted -9.34% 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 CSGP a short term outlook of 50% Buy 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 50% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 4.69. The overview shows that CSGP’s price is at present -8.33% off the SMA20 and -2.75% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 38.85, with weekly volatility standing at 3.54%. The indicator jumps to 2.79% when calculated based on the past 30 days. Costar Group, Inc. (NASDAQ:CSGP)’s beta value is holding at 0.85, while the average true range (ATR) indicator is currently reading 2.81.
An analysis of the Costar Group, Inc. (NASDAQ:CSGP) stock in terms of its daily trading volume indicates that the 3-month average is 2.21 million.
Current records show that the company has 408.10M in outstanding shares. The insiders’ percentage holdings are 1.23% of outstanding shares while the percentage share held by institutions stands at 97.82%. But the -1.26% 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.
