Autodesk Inc. (NASDAQ:ADSK) price on Thursday, April 18, fall -2.64% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $209.25.
A look at the stock’s price movement, the level at last check in today’s session was $214.92. The PE ratio in trailing twelve months stood at 49.78. Turning to its 52-week performance, $279.53 and $188.38 were the 52-week high and 52-week low respectively. Overall, ADSK moved -18.32% over the past month.
Autodesk Inc.’s market cap currently stands at around $44.76 billion.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that ADSK is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
The technical evaluation for the stock shows the PEG ratio is 4.10, with ADSK’s current price about -15.68% and -17.54% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 18.11, while 7-day volatility ratio is 3.14% and 2.22% in the 30-day chart. Further, Autodesk Inc. (ADSK) has a beta value of 1.45, and an average true range (ATR) of 7.17.
If we refocus on Autodesk Inc. (NASDAQ:ADSK), historical trading data shows that trading volumes averaged 1.40 million over the past 3 months. The company’s latest data on shares outstanding shows there are 215.00 million shares.
The 0.28% of Autodesk Inc.’s shares are in the hands of company insiders while institutional holders own 92.39% of the company’s shares. Current price change has pushed the stock -14.06% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ADSK stock continues to rise going into the next quarter.
