A glimpse at UiPath Inc’s potential climb to old highs

The closing price of UiPath Inc (NYSE: PATH) was $23.60 for the day, up 1.77% from the previous closing price of $23.19. In other words, the price has increased by $+0.41 from its previous closing price. On the day, 7397096 shares were traded.

Ratios:

Our analysis of PATH’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 55.28. For the most recent quarter (mrq), Quick Ratio is recorded 3.77 and its Current Ratio is at 3.77. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.

Wells Fargo Downgraded its Overweight to Equal Weight on June 09, 2023, while the target price for the stock was maintained at $20.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 05 ’24 when Gupta Ashim sold 16,000 shares for $22.47 per share. The transaction valued at 359,590 led to the insider holds 103,505 shares of the business.

Wong Rich sold 200,000 shares of PATH for $4,624,220 on Jan 08 ’24. The Director now owns 429,418 shares after completing the transaction at $23.12 per share. On Jan 08 ’24, another insider, Gupta Ashim, who serves as the Chief Financial Officer of the company, sold 70,000 shares for $23.02 each. As a result, the insider received 1,611,113 and left with 788,148 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PATH now has a Market Capitalization of 13.36B and an Enterprise Value of 11.61B. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.03 while its Price-to-Book (P/B) ratio in mrq is 6.83. Its current Enterprise Value per Revenue stands at 9.58 whereas that against EBITDA is -61.12.

Stock Price History:

Over the past 52 weeks, PATH has reached a high of $27.87, while it has fallen to a 52-week low of $12.38. The 50-Day Moving Average of the stock is 23.63, while the 200-Day Moving Average is calculated to be 19.15.

Shares Statistics:

PATH traded an average of 9.33M shares per day over the past three months and 8.05M shares per day over the past ten days. A total of 474.16M shares are outstanding, with a floating share count of 430.72M. Insiders hold about 23.91% of the company’s shares, while institutions hold 58.29% stake in the company. Shares short for PATH as of Feb 15, 2024 were 18.84M with a Short Ratio of 2.02, compared to 31.06M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.33% and a Short% of Float of 4.79%.

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