Vertiv Holdings Co (NYSE:VRT) shares, rose in value, with the stock price up by 6.83% to the previous day’s close as strong demand from buyers drove the stock to $90.35.
Actively observing the price movement in the last trading, the stock closed the session at $84.57. The PE ratio was 86.87 over 12-month period. Referring to stock’s 52-week performance, its high was $94.39, and the low was $12.22. On the whole, VRT has fluctuated by 9.29% over the past month.
The company’s Forward Dividend Ratio is 0.05, with its dividend yield at 0.06%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.65B, with a low estimate of 1.84B and a high estimate of 1.97B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.91B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VRT’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.25, with the price of VRT currently trading nearly 10.39% and 20.45% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 64.73, while the 7-day volatility ratio is showing 9.32% which for the 30-day chart, stands at 6.60%. Furthermore, Vertiv Holdings Co (VRT)’s beta value is 1.58, and its average true range (ATR) is 5.63.
A comparison of Vertiv Holdings Co (VRT) with its peers suggests the former has fared considerably weaker in the market. VRT showed an intraday change of 6.83% in last session, and over the past year, it grew by 638.76%%.
Data on historical trading for Vertiv Holdings Co (NYSE:VRT) indicates that the trading volumes over the past 3 months, they’ve averaged 8.70 million. According to company’s latest data on outstanding shares, there are 381.79 million shares outstanding.
Nearly 4.36% of Vertiv Holdings Co’s shares belong to company insiders and institutional investors own 88.92% of the company’s shares. The stock has risen by 88.11% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VRT stock heading into the next quarter.
