Snowflake Inc (SNOW) concluded trading on Wednesday at a closing price of $121.42, with 5.41 million shares of worth about $656.88 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -23.04% during that period and on November 06, 2024 the price saw a gain of about 4.22%. Currently the company’s common shares owned by public are about 334.45M shares, out of which, 309.46M shares are available for trading.
Stock saw a price change of 2.04% in past 5 days and over the past one month there was a price change of 6.96%. Year-to-date (YTD), SNOW shares are showing a performance of -38.98% which decreased to -15.80% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $107.13 but also hit the highest price of $237.72 during that period. The average intraday trading volume for Snowflake Inc shares is 6.58 million. The stock is currently trading 2.57% above its 20-day simple moving average (SMA20), while that difference is up 5.78% for SMA50 and it goes to -17.06% lower than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Snowflake Inc (NYSE: SNOW) currently have 334.45M outstanding shares and institutions hold larger chunk of about 61.22% of that.
The stock has a current market capitalization of $40.70B and its 3Y-monthly beta is at 0.83. It has posted earnings per share of -$3.06 in the same period. It has Quick Ratio of 1.55 while making debt-to-equity ratio of 0.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SNOW, volatility over the week remained 3.04% while standing at 2.90% over the month.
Stock’s fiscal year EPS is expected to drop by -39.27% while it is estimated to increase by 52.66% in next year. EPS is likely to grow at an annualized rate of 14.00% for next 5-years, compared to annual growth of -31.70% made by the stock over the past 5-years.
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 Monness Crespi & Hardt on Nov-07-24 offering a Buy rating for the stock and assigned a target price of $140 to it. On October 01, 2024, Argus Initiated their recommendations, while on August 23, 2024, HSBC Securities Upgrade their ratings for the stock with a price target of $121. Stock get an Equal weight rating from Wells Fargo on August 15, 2024.
