Stevanato Group Spa (NYSE:STVN) shares, rose in value on Friday, May 09, with the stock price up by 6.76% to the previous day’s close as strong demand from buyers drove the stock to $24.00.
Actively observing the price movement in the last trading, the stock closed the session at $22.48. The PE ratio was 48.65 over 12-month period. Referring to stock’s 52-week performance, its high was $24.90, and the low was $16.56. On the whole, STVN has fluctuated by 16.28% over the past month.
With the market capitalization of Stevanato Group Spa currently standing at about $6.55 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.06, with its dividend yield at 0.24%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that STVN’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 50% 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 2.59, with the price of STVN currently trading nearly 9.92% and 14.15% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 66.74, while the 7-day volatility ratio is showing 7.54% which for the 30-day chart, stands at 5.27%. Furthermore, Stevanato Group Spa (STVN)’s beta value is 0.52, and its average true range (ATR) is 1.27.
A comparison of Stevanato Group Spa (STVN) with its peers suggests the former has fared considerably weaker in the market. STVN showed an intraday change of 6.76% in last session, and over the past year, it shrunk by -13.17%%.
Data on historical trading for Stevanato Group Spa (NYSE:STVN) indicates that the trading volumes over the past 3 months, they’ve averaged 351.39K. According to company’s latest data on outstanding shares, there are 272.90 million shares outstanding.
Nearly 81.82% of Stevanato Group Spa’s shares belong to company insiders and institutional investors own 20.03% of the company’s shares. The stock has risen by 10.14% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the STVN stock heading into the next quarter.
