Elastic N.V (ESTC) concluded trading on Thursday at a closing price of $94.13, with 4.94 million shares of worth about $464.85 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -11.24% during that period and on November 21, 2024 the price saw a gain of about 6.27%. Currently the company’s common shares owned by public are about 101.71M shares, out of which, 85.59M shares are available for trading.
Stock saw a price change of 5.49% in past 5 days and over the past one month there was a price change of 21.29%. Year-to-date (YTD), ESTC shares are showing a performance of -16.48% which increased to 21.51% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $69.00 but also hit the highest price of $136.06 during that period. The average intraday trading volume for Elastic N.V shares is 1.35 million. The stock is currently trading 10.44% above its 20-day simple moving average (SMA20), while that difference is up 16.04% for SMA50 and it goes to -6.24% 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
Elastic N.V (NYSE: ESTC) currently have 101.71M outstanding shares and institutions hold larger chunk of about 82.68% of that.
The stock has a current market capitalization of $9.67B and its 3Y-monthly beta is at 0.94. PE ratio of stock for trailing 12 months is 171.71, while it has posted earnings per share of $0.55 in the same period. Its PEG reads 11.45 and has Quick Ratio of 1.81 while making debt-to-equity ratio of 0.78. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ESTC, volatility over the week remained 3.23% while standing at 2.72% over the month.
Stock’s fiscal year EPS is expected to rise by 28.74% while it is estimated to increase by 20.70% in next year.
Coverage by Barclays stated Elastic N.V (ESTC) stock as an Overweight in their note to investors on October 07, 2024, suggesting a price target of $95 for the stock. On September 11, 2024, Guggenheim Initiated their recommendations, while on August 30, 2024, Robert W. Baird Downgrade their ratings for the stock with a price target of $95. Stock get a Neutral rating from BofA Securities on August 30, 2024.
