Elastic N.V (ESTC) concluded trading on Thursday at a closing price of $111.53, with 2.74 million shares of worth about $305.32 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.40% during that period and on December 05, 2024 the price saw a loss of about -4.04%. Currently the company’s common shares owned by public are about 103.63M shares, out of which, 85.69M shares are available for trading.
Stock saw a price change of 1.27% in past 5 days and over the past one month there was a price change of 35.35%. Year-to-date (YTD), ESTC shares are showing a performance of -1.04% which decreased to -3.55% 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 1.37 million. The stock is currently trading 12.67% above its 20-day simple moving average (SMA20), while that difference is up 27.52% for SMA50 and it goes to 11.87% higher than SMA200.
Elastic N.V (NYSE: ESTC) currently have 103.63M outstanding shares and institutions hold larger chunk of about 81.16% of that.
The stock has a current market capitalization of $11.56B and its 3Y-monthly beta is at 1.04. PE ratio of stock for trailing 12 months is 202.08, while it has posted earnings per share of $0.55 in the same period. Its PEG reads 13.47 and has Quick Ratio of 1.90 while making debt-to-equity ratio of 0.73. 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 3.31% while standing at 3.68% over the month.
Stock’s fiscal year EPS is expected to rise by 44.66% while it is estimated to increase by 11.32% 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 Wedbush on November 25, 2024 offering an Outperform rating for the stock and assigned a target price of $135 to it. Coverage by Robert W. Baird stated Elastic N.V (ESTC) stock as an Outperform in their note to investors on November 22, 2024, suggesting a price target of $135 for the stock. Stock get an Overweight rating from Barclays on October 07, 2024.
