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Resideo Technologies Inc (NYSE: REZI) closed the day trading at $20.38 down -1.31% from the previous closing price of $20.65. In other words, the price has decreased by -$1.31 from its previous closing price. On the day, 0.66 million shares were traded. REZI stock price reached its highest trading level at $20.55 during the session, while it also had its lowest trading level at $20.12.
Ratios:
For a better understanding of REZI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.18. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.66.
Imperial Capital Downgraded its Outperform to In-line on November 02, 2022, while the target price for the stock was maintained at $27.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 21 ’24 when Beskid Tina M sold 7,057 shares for $21.67 per share. The transaction valued at 152,943 led to the insider holds 52,824 shares of the business.
LAZAR JACK R sold 9,000 shares of REZI for $196,210 on May 14 ’24. The Director now owns 91,168 shares after completing the transaction at $21.80 per share. On May 09 ’24, another insider, Beskid Tina M, who serves as the Chief Accounting Officer of the company, sold 3,310 shares for $21.46 each. As a result, the insider received 71,026 and left with 64,960 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, REZI now has a Market Capitalization of 3023413760 and an Enterprise Value of 5278883840. As of this moment, Resideo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.10, and their Forward P/E ratio for the next fiscal year is 8.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 1.06. Its current Enterprise Value per Revenue stands at 0.856 whereas that against EBITDA is 7.855.
Stock Price History:
Over the past 52 weeks, REZI has reached a high of $23.43, while it has fallen to a 52-week low of $14.19. The 50-Day Moving Average of the stock is 3.79%, while the 200-Day Moving Average is calculated to be 0.99%.
Shares Statistics:
Over the past 3-months, REZI traded about 931.54K shares per day on average, while over the past 10 days, REZI traded about 640770 shares per day. A total of 145.39M shares are outstanding, with a floating share count of 144.12M. Insiders hold about 1.56% of the company’s shares, while institutions hold 92.90% stake in the company. Shares short for REZI as of 1727654400 were 2114528 with a Short Ratio of 2.27, compared to 1724976000 on 3942725. Therefore, it implies a Short% of Shares Outstanding of 2114528 and a Short% of Float of 2.01.
