Samsara Inc (IOT) concluded trading on Wednesday at a closing price of $45.65, with 3.38 million shares of worth about $154.32 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 32.40% during that period and on October 02, 2024 the price saw a loss of about -2.33%. Currently the company’s common shares owned by public are about 556.36M shares, out of which, 204.63M shares are available for trading.
Stock saw a price change of -7.55% in past 5 days and over the past one month there was a price change of 16.42%. Year-to-date (YTD), IOT shares are showing a performance of 36.76% which increased to 79.51% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $21.48 but also hit the highest price of $50.07 during that period. The average intraday trading volume for Samsara Inc shares is 3.45 million. The stock is currently trading -2.16% below its 20-day simple moving average (SMA20), while that difference is up 8.86% for SMA50 and it goes to 25.69% higher than SMA200.
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Samsara Inc (NYSE: IOT) currently have 556.36M outstanding shares and institutions hold larger chunk of about 31.71% of that.
The stock has a current market capitalization of $25.40B and its 3Y-monthly beta is at 1.52. It has posted earnings per share of -$0.49 in the same period. It has Quick Ratio of 1.37 while making debt-to-equity ratio of 0.09. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for IOT, volatility over the week remained 3.08% while standing at 4.23% over the month.
Stock’s fiscal year EPS is expected to rise by 149.52% while it is estimated to increase by 50.76% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BMO Capital Markets on September 06, 2024 offering a Market perform rating for the stock and assigned a target price range of between $40 and $44 to it. Coverage by BofA Securities stated Samsara Inc (IOT) stock as a Buy in their note to investors on June 20, 2024, suggesting a price target of $37 for the stock. On April 18, 2024, Loop Capital Initiated their recommendations, while on October 25, 2023, FBN Securities Initiated their ratings for the stock with a price target of $30. Stock get a Hold rating from Truist on April 21, 2023.
