UiPath Inc (PATH)’s Market Momentum: Closing Strong at 19.41, Down -1.47

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As of close of business last night, UiPath Inc’s stock clocked out at $19.41, down -1.47% from its previous closing price of $19.70. In other words, the price has decreased by -$1.47 from its previous closing price. On the day, 5.21 million shares were traded. PATH stock price reached its highest trading level at $19.42 during the session, while it also had its lowest trading level at $18.92.

Ratios:

To gain a deeper understanding of PATH’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.86. For the most recent quarter (mrq), Quick Ratio is recorded 3.52 and its Current Ratio is at 3.52. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.

On March 14, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $22 to $28.

Needham reiterated its Buy rating for the stock on March 14, 2024, while the target price for the stock was revised from $25 to $30.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 04 ’24 when Gupta Ashim sold 40,000 shares for $21.66 per share. The transaction valued at 866,268 led to the insider holds 660,762 shares of the business.

Gupta Ashim sold 16,000 shares of PATH for $346,510 on Apr 04 ’24. The Chief Financial Officer now owns 71,505 shares after completing the transaction at $21.66 per share. On Mar 15 ’24, another insider, Gupta Ashim, who serves as the Chief Financial Officer of the company, sold 16,000 shares for $22.84 each. As a result, the insider received 365,370 and left with 87,505 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 11209546752 and an Enterprise Value of 9231774720. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.44 while its Price-to-Book (P/B) ratio in mrq is 5.48. Its current Enterprise Value per Revenue stands at 7.058 whereas that against EBITDA is -65.152.

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 -13.70%, while the 200-Day Moving Average is calculated to be -2.73%.

Shares Statistics:

It appears that PATH traded 8.87M shares on average per day over the past three months and 6155190 shares per day over the past ten days. A total of 486.82M shares are outstanding, with a floating share count of 432.34M. Insiders hold about 24.02% of the company’s shares, while institutions hold 54.97% stake in the company. Shares short for PATH as of 1713139200 were 16636560 with a Short Ratio of 1.88, compared to 1710460800 on 17572260. Therefore, it implies a Short% of Shares Outstanding of 16636560 and a Short% of Float of 4.19.

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