Is ExlService Holdings Inc (NASDAQ: EXLS) A Suitable Stock For New Investors Today?

ExlService Holdings Inc (NASDAQ:EXLS) shares, rose in value, with the stock price up by 0.17% to the previous day’s close as strong demand from buyers drove the stock to $29.36.

Actively observing the price movement in the last trading, the stock closed the session at $29.31. The PE ratio was 26.77 over 12-month period. Referring to stock’s 52-week performance, its high was $35.94, and the low was $25.17. On the whole, EXLS has fluctuated by -6.14% over the past month.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EXLS’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.

The stock’s technical analysis shows that the PEG ratio is about 1.82, with the price of EXLS currently trading nearly -2.41% and -4.20% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.49, while the 7-day volatility ratio is showing 1.38% which for the 30-day chart, stands at 2.44%. Furthermore, ExlService Holdings Inc (EXLS)’s beta value is 0.99, and its average true range (ATR) is 0.70.

A comparison of ExlService Holdings Inc (EXLS) with its peers suggests the former has fared considerably weaker in the market. EXLS showed an intraday change of 0.17% in last session, and over the past year, it shrunk by -9.46%%.

Data on historical trading for ExlService Holdings Inc (NASDAQ:EXLS) indicates that the trading volumes over the past 3 months, they’ve averaged 1.02 million. According to company’s latest data on outstanding shares, there are 165.28 million shares outstanding.

Nearly 5.12% of ExlService Holdings Inc’s shares belong to company insiders and institutional investors own 93.99% of the company’s shares. The stock has fallen by -4.83% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EXLS stock heading into the next quarter.

Most Popular