Airbnb, Inc. (NASDAQ:ABNB) shares, rose in value on Wednesday, Jan 13, with the stock price up by 5.72% to the previous day’s close as strong demand from buyers drove the stock to $169.99.
Actively observing the price movement in the last trading, the stock closed the session at $160.8, falling within a range of $159.44 and $178.62. The value of beta (5-year monthly) was 0 whereas the PE ratio was 0 over 12-month period. Referring to stock’s 52-week performance, its high was $174.97, and the low was $121.5. On the whole, ABNB has fluctuated by 22.08% over the past month.
31 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by 19 analyst(s), 9 recommend it as a Buy and 1 called the ABNB stock Outperform. In the meantime, none analyst(s) believe the stock as Underperform and 2 think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Hold.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of ABNB currently trading nearly 14.45% and 14.91% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 0, while the 7-day volatility ratio is showing 8.53% which for the 30-day chart, stands at 8.15%. Furthermore, Airbnb, Inc. (ABNB)’s beta value is 0, and its average true range (ATR) is 13.21. The company’s stock has been forecasted to trade at an average price of $154.16 over the course of the next 52 weeks, with a low of $103 and a high of $200. Based on these price targets, the low is -39.41 off current price, whereas the price has to move +17.65% to reach the yearly target high. Additionally, analysts’ median price of $151 is likely to be welcomed by investors because it represents an increase of -11.17% from the current levels.
A comparison of Airbnb, Inc. (ABNB) with its peers suggests the former has fared considerably better in the market. ABNB showed an intraday change of +5.72% in last session, and over the past year, it dropped by 0%. In comparison, Relx Plc (RELX) has moved lower at -0.56% on the day and was down -3.23% over the past 12 months. On the other hand, the price of Tencent Music Entertainment Group ADR (TME) has fallen -1.44% on the day. The stock, however, is off 53.93% from where it was a year ago. Additionally, there is a gain of 572% for Yandex N.V. (YNDX) in last trading while the stock has seen an overall depriciation of 0% over the past year. The PE ratio stands at 0 for Airbnb, Inc., compared to 27.96 for Relx Plc, and 57.47 for Tencent Music Entertainment Group ADR. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 0.23%. Meanwhile, the Dow Jones Industrial weakened by -0.03%.
Data on historical trading for Airbnb, Inc. (NASDAQ:ABNB) indicates that the trading volumes over the past 10 days have averaged 5.23 Million and over the past 3 months, they’ve averaged 12.2 Million. According to company’s latest data on outstanding shares, there are 98.91 Million shares outstanding.
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