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The price of Symbotic Inc (NASDAQ: SYM) closed at $39.64 in the last session, down -4.34% from day before closing price of $41.44. In other words, the price has decreased by -$4.34 from its previous closing price. On the day, 1.03 million shares were traded. SYM stock price reached its highest trading level at $41.34 during the session, while it also had its lowest trading level at $38.97.
Ratios:
We take a closer look at SYM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 280.57. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.
On February 06, 2024, Needham reiterated its Buy rating and also upped its target price recommendation from $58 to $54.
On October 03, 2023, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $50.KeyBanc Capital Markets initiated its Overweight rating on October 03, 2023, with a $50 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 15 ’24 when Dunn Michael David sold 2,000 shares for $40.00 per share. The transaction valued at 80,000 led to the insider holds 74,808 shares of the business.
Dunn Michael David sold 5,188 shares of SYM for $184,131 on Jul 02 ’24. The insider now owns 76,808 shares after completing the transaction at $35.49 per share. On Jul 02 ’24, another insider, KRASNOW TODD, who serves as the Director of the company, sold 2,000 shares for $35.49 each. As a result, the insider received 70,971 and left with 2,000 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, SYM now has a Market Capitalization of 24226975744 and an Enterprise Value of 3114222336. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.09 while its Price-to-Book (P/B) ratio in mrq is 9.62. Its current Enterprise Value per Revenue stands at 2.081 whereas that against EBITDA is -29.381.
Stock Price History:
Over the past 52 weeks, SYM has reached a high of $64.14, while it has fallen to a 52-week low of $29.62. The 50-Day Moving Average of the stock is 1.32%, while the 200-Day Moving Average is calculated to be -6.30%.
Shares Statistics:
According to the various share statistics, SYM traded on average about 1.25M shares per day over the past 3-months and 1185372 shares per day over the past 10 days. A total of 101.20M shares are outstanding, with a floating share count of 37.84M. Insiders hold about 62.97% of the company’s shares, while institutions hold 27.95% stake in the company. Shares short for SYM as of 1719532800 were 10585357 with a Short Ratio of 8.44, compared to 1717113600 on 8704037. Therefore, it implies a Short% of Shares Outstanding of 10585357 and a Short% of Float of 27.899997999999997.
