Sensata Technologies Holding Plc (NYSE: ST) Jumps 13.18%: What Could Be On The Way Going Forward?

Sensata Technologies Holding Plc (NYSE:ST) shares, rose in value, with the stock price up by 13.18% to the previous day’s close as strong demand from buyers drove the stock to $25.42.

Actively observing the price movement in the recent trading, the stock is buoying the session at $22.46. The PE ratio was 29.88 over 12-month period. Referring to stock’s 52-week performance, its high was $43.14, and the low was $17.32. On the whole, ST has fluctuated by 21.74% over the past month.

With the market capitalization of Sensata Technologies Holding Plc currently standing at about $3.72 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.36, with its dividend yield at 1.42%.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ST’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 50% 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 PEG ratio is about 8.84, with the price of ST currently trading nearly 20.99% and 7.32% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.76, while the 7-day volatility ratio is showing 2.91% which for the 30-day chart, stands at 5.00%. Furthermore, Sensata Technologies Holding Plc (ST)’s beta value is 1.03, and its average true range (ATR) is 1.20.

A comparison of Sensata Technologies Holding Plc (ST) with its peers suggests the former has fared considerably weaker in the market. ST showed an intraday change of 13.18% in today’s session so far, and over the past year, it shrunk by -39.46%%.

Data on historical trading for Sensata Technologies Holding Plc (NYSE:ST) indicates that the trading volumes over the past 3 months, they’ve averaged 2.04 million. According to company’s latest data on outstanding shares, there are 149.55 million shares outstanding.

Nearly 1.18% of Sensata Technologies Holding Plc’s shares belong to company insiders and institutional investors own 107.48% of the company’s shares. The stock has fallen by -7.23% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ST stock heading into the next quarter.

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