Symbotic Inc (SYM) concluded trading on Thursday at a closing price of $27.51, with 5.28 million shares of worth about $145.13 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -38.66% during that period and on October 10, 2024 the price saw a gain of about 18.37%. Currently the company’s common shares owned by public are about 101.20M shares, out of which, 39.43M shares are available for trading.
Stock saw a price change of 19.30% in past 5 days and over the past one month there was a price change of 41.95%. Year-to-date (YTD), SYM shares are showing a performance of -46.41% which decreased to -30.41% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $17.11 but also hit the highest price of $59.82 during that period. The average intraday trading volume for Symbotic Inc shares is 2.01 million. The stock is currently trading 14.21% above its 20-day simple moving average (SMA20), while that difference is up 22.78% for SMA50 and it goes to -25.31% lower than SMA200.
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Symbotic Inc (NASDAQ: SYM) currently have 101.20M outstanding shares and institutions hold larger chunk of about 32.86% of that.
The stock has a current market capitalization of $14.64B and its 3Y-monthly beta is at 1.84. It has posted earnings per share of -$0.17 in the same period. It has Quick Ratio of 1.18 while making debt-to-equity ratio of 0.04. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SYM, volatility over the week remained 6.65% while standing at 6.97% over the month.
Stock’s fiscal year EPS is expected to rise by 975.15% while it is estimated to increase by 115.65% 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 Vertical Research on July 23, 2024 offering a Hold rating for the stock and assigned a target price of $45 to it. Coverage by DA Davidson stated Symbotic Inc (SYM) stock as a Buy in their note to investors on February 07, 2024, suggesting a price target of $50 for the stock. On February 06, 2024, Needham Reiterated their recommendations, while on October 03, 2023, KeyBanc Capital Markets Initiated their ratings for the stock with a price target of $50. Stock get a Mkt perform rating from William Blair on August 01, 2023.
