Here’s Why Crowdstrike Holdings Inc (NASDAQ: CRWD) Is An Attractive Investment Right Now

AMAT

The trading price of Crowdstrike Holdings Inc (NASDAQ:CRWD) closed higher on Tuesday, April 23, closing at $299.65, 3.63% higher than its previous close.

The company’s P/E ratio in the trailing 12-month period was 825.48. In examining the 52-week price action we see that the stock hit a 52-week high of $365.00 and a 52-week low of $115.67. Over the past month, the stock has lost -8.53% in value.

Crowdstrike Holdings Inc, whose market valuation is $72.48 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.

On the technical side, indicators suggest CRWD has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% 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 27.96, which symbolizes a positive outlook. A quick review shows that CRWD’s price is currently -3.39% off the SMA20 and -5.50% off the SMA50. The RSI metric on the 14-day chart is currently showing 44.52, and weekly volatility stands at 3.68%. When measured over the past 30 days, the indicator reaches 3.18%. Crowdstrike Holdings Inc (NASDAQ:CRWD)’s beta value is currently sitting at 1.07, while the Average True Range indicator is currently displaying 11.02.

To see how Crowdstrike Holdings Inc stock has been performing in comparison to its peers in the industry, here are the numbers: CRWD stock’s performance was 3.63% in the latest trading, and 126.58% in the past year. Crowdstrike Holdings Inc has a P/E ratio of 825.48.

An evaluation of the daily trading volume of Crowdstrike Holdings Inc (NASDAQ:CRWD) indicates that the 3-month average is 3.62 million.

Currently, records show that 229.38 million of the company’s shares remain outstanding. The insiders hold 7.49% of outstanding shares, whereas institutions hold 68.56%. However, since the stock’s price has seen 17.36% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

Most Popular