Dropbox Inc (DBX) concluded trading on Thursday at a closing price of $25.63, with 3.87 million shares of worth about $99.29 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.79% during that period and on March 06, 2025 the price saw a loss of about -2.62%. Currently the company’s common shares owned by public are about 218.40M shares, out of which, 213.95M shares are available for trading.
Stock saw a price change of -1.23% in past 5 days and over the past one month there was a price change of -20.85%. Year-to-date (YTD), DBX shares are showing a performance of -14.68% which increased to 6.35% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $20.68 but also hit the highest price of $33.33 during that period. The average intraday trading volume for Dropbox Inc shares is 3.62 million. The stock is currently trading -12.40% below its 20-day simple moving average (SMA20), while that difference is down -15.18% for SMA50 and it goes to -1.66% lower than SMA200.
Dropbox Inc (NASDAQ: DBX) currently have 218.40M outstanding shares and institutions hold larger chunk of about 76.47% of that.
The stock has a current market capitalization of $7.73B and its 3Y-monthly beta is at 0.78. PE ratio of stock for trailing 12 months is 18.28, while it has posted earnings per share of $1.40 in the same period. Its PEG reads 3.91 and has Quick Ratio of 1.42. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DBX, volatility over the week remained 2.68% while standing at 2.93% over the month.
Stock’s fiscal year EPS is expected to rise by 2.05% while it is estimated to increase by 10.09% 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 JP Morgan on February 16, 2024 offering a Neutral rating for the stock and assigned a target price range of between $33 and $30 to it. On February 16, 2024, Goldman Downgrade their recommendations, while on February 16, 2024, BofA Securities Downgrade their ratings for the stock with a price target of $28. Stock get a Buy rating from UBS on December 15, 2023.
