Getty Images Holdings Inc (NYSE:GETY) shares, rose in value on Friday, May 09, with the stock price down by -2.08% to the previous day’s close as strong demand from buyers drove the stock to $1.88.
Actively observing the price movement in the last trading, the stock closed the session at $1.92. The PE ratio was 19.73 over 12-month period. Referring to stock’s 52-week performance, its high was $4.49, and the low was $1.25. On the whole, GETY has fluctuated by 17.50% over the past month.
With the market capitalization of Getty Images Holdings Inc currently standing at about $777.22 million, investors are eagerly awaiting this quarter’s results, scheduled for in June.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GETY’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 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 PEG ratio is about 0.48, with the price of GETY currently trading nearly 1.98% and -0.49% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.50, while the 7-day volatility ratio is showing 4.29% which for the 30-day chart, stands at 5.18%. Furthermore, Getty Images Holdings Inc (GETY)’s beta value is 2.00, and its average true range (ATR) is 0.11.
A comparison of Getty Images Holdings Inc (GETY) with its peers suggests the former has fared considerably weaker in the market. GETY showed an intraday change of -2.08% in last session, and over the past year, it shrunk by -54.15%%.
Data on historical trading for Getty Images Holdings Inc (NYSE:GETY) 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 412.27 million shares outstanding.
Nearly 72.58% of Getty Images Holdings Inc’s shares belong to company insiders and institutional investors own 25.83% of the company’s shares. The stock has fallen by -12.96% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GETY stock heading into the next quarter.