Polaris Inc (NYSE:PII) shares, rose in value on Wednesday, May 07, with the stock price down by -0.06% to the previous day’s close as strong demand from buyers drove the stock to $33.70.
Actively observing the price movement in the last trading, the stock closed the session at $33.72. The PE ratio was 47.40 over 12-month period. Referring to stock’s 52-week performance, its high was $90.62, and the low was $30.92. On the whole, PII has fluctuated by -3.71% over the past month.
With the market capitalization of Polaris Inc currently standing at about $1.89 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.65, with its dividend yield at 7.86%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PII’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of PII currently trading nearly -0.91% and -13.36% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.08, while the 7-day volatility ratio is showing 3.69% which for the 30-day chart, stands at 7.41%. Furthermore, Polaris Inc (PII)’s beta value is 1.00, and its average true range (ATR) is 2.21.
A comparison of Polaris Inc (PII) with its peers suggests the former has fared considerably weaker in the market. PII showed an intraday change of -0.06% in last session, and over the past year, it shrunk by -59.84%%.
Data on historical trading for Polaris Inc (NYSE:PII) indicates that the trading volumes over the past 3 months, they’ve averaged 1.76 million. According to company’s latest data on outstanding shares, there are 56.20 million shares outstanding.
Nearly 6.56% of Polaris Inc’s shares belong to company insiders and institutional investors own 89.64% of the company’s shares. The stock has fallen by -41.51% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PII stock heading into the next quarter.
