Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Symbotic Inc (NASDAQ: SYM) was $26.45 for the day, up 3.36% from the previous closing price of $25.59. In other words, the price has increased by $3.36 from its previous closing price. On the day, 1.83 million shares were traded. SYM stock price reached its highest trading level at $26.973 during the session, while it also had its lowest trading level at $25.13.
Ratios:
Our analysis of SYM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.08.
DA Davidson Downgraded its Buy to Neutral on November 27, 2024, whereas the target price for the stock was revised from $50 to $35.
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 Jan 02 ’25 when KRASNOW TODD sold 2,000 shares for $24.04 per share. The transaction valued at 48,084 led to the insider holds 0 shares of the business.
Dunn Michael David sold 5,365 shares of SYM for $131,963 on Jan 03 ’25. The insider now owns 31,860 shares after completing the transaction at $24.60 per share. On Jan 03 ’25, another insider, MICHAEL D DUNN, who serves as the Officer of the company, bought 5,365 shares for $24.60 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SYM now has a Market Capitalization of 15537232896 and an Enterprise Value of 2279805440. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.63 while its Price-to-Book (P/B) ratio in mrq is 14.04. Its current Enterprise Value per Revenue stands at 1.36 whereas that against EBITDA is -28.167.
Stock Price History:
Over the past 52 weeks, SYM has reached a high of $52.20, while it has fallen to a 52-week low of $17.11. The 50-Day Moving Average of the stock is -7.88%, while the 200-Day Moving Average is calculated to be -17.62%.
Shares Statistics:
SYM traded an average of 2.44M shares per day over the past three months and 1323470 shares per day over the past ten days. A total of 104.69M shares are outstanding, with a floating share count of 40.99M. Insiders hold about 61.46% of the company’s shares, while institutions hold 36.84% stake in the company. Shares short for SYM as of 1730332800 were 13587562 with a Short Ratio of 6.34, compared to 1727654400 on 15292589. Therefore, it implies a Short% of Shares Outstanding of 13587562 and a Short% of Float of 34.37.
