The trading price of Vertiv Holdings Co (NYSE:VRT) closed lower on Friday, April 19, closing at $75.01, -7.41% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 63.76. In examining the 52-week price action we see that the stock hit a 52-week high of $88.69 and a 52-week low of $11.95. Over the past month, the stock has lost -3.64% in value.
Vertiv Holdings Co, whose market valuation is $28.65 billion at the time of this writing. The dividend yield on the company stock is 0.07%, while its Forward Dividend ratio is 0.05. Investors’ optimism about the company’s current quarter earnings report is understandable.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Vertiv Holdings Co No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest VRT has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 2.39, which symbolizes a positive outlook. A quick review shows that VRT’s price is currently -9.15% off the SMA20 and 1.84% off the SMA50. The RSI metric on the 14-day chart is currently showing 42.69, and weekly volatility stands at 6.41%. When measured over the past 30 days, the indicator reaches 5.49%. Vertiv Holdings Co (NYSE:VRT)’s beta value is currently sitting at 1.59, while the Average True Range indicator is currently displaying 4.54.
To see how Vertiv Holdings Co stock has been performing in comparison to its peers in the industry, here are the numbers: VRT stock’s performance was -7.41% in the latest trading, and 500.56% in the past year. Vertiv Holdings Co has a P/E ratio of 63.76.
An evaluation of the daily trading volume of Vertiv Holdings Co (NYSE:VRT) indicates that the 3-month average is 8.11 million.
Currently, records show that 381.79 million of the company’s shares remain outstanding. The insiders hold 4.36% of outstanding shares, whereas institutions hold 88.76%. However, since the stock’s price has seen 56.17% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
