Bentley Systems, Incorporated (NASDAQ:BSY) concluded the trading at $44.23 on Thursday, Jan 21, with a fall of -7.12% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $47.62 and 5Y monthly beta was reading 0 with its price kept floating in the range of $42.90 and $45.79 on the day. Company’s P/E ratio for the trailing 12 months is 104.32. Considering stock’s 52-week price range provides that BSY hit a high price of $54.62 and saw its price falling to a low level of $27 during that period. Over a period of past 1-month, stock came adding 18.23% in its value.
According to ratings assigned by 6 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 2 of them are recommending Bentley Systems, Incorporated (BSY) as a Hold, while 3 are in view that stock is a Buy. Recommendation by 1 analysts for the stock is an Outperform while number of those analysts who rated the stock as Underperform is none, whereas none of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the BSY stock which is currently positioned at 7.4. It further provides that stock’s current price level is -0.61% away from its 20-day simple moving average and is 13.56% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 50.48 while volatility remained at 7.33% over the past week which changes to 6.86% when measuring it over the past month. Beta is valued at 0, while measure of average true range or ATR is currently at 3.13. In predicting price targets of as low as $31 and as high as $50, analysts are in agreement on assigning the stock over the next 12 months average price target of $42. Stock’s current price level is -29.91% above from estimated low price target while it is 13.05% below the estimated high; and even if the BSY’s share succeeded to reach the median price of $43, then the outlook of -2.78% could come to the excitement of the investors.
In comparing Bentley Systems, Incorporated (BSY)’s stock with other industry players reveals that stock’s current price change of -7.12% and that of 0% over the past 12 months is in competing position with that of Paypal Holdings (PYPL) which saw its stock price raised by 1.79% in the last trading and went through an increase of 115.27% in past 12-month trading. Industry’s another major player Zoom Video Communications Cl A (ZM) has fell 0% down in previous session, but over the past year has faced a rise of 406.3%, while Square (SQ) was also down -7.12% however its price remained floating in the red at 0% over the same period. Bentley Systems, Incorporated has a P/E ratio of 104.32 against that of Paypal Holdings’s 93.9 while Zoom Video Communications Cl A is showing 266.58 for the same. On the other hand, the S&P 500 Index was up 0.03% in the last trading session while the Dow Jones Industrial closed the session lower at -0.04%.
Having a second look at Bentley Systems, Incorporated (NASDAQ:BSY) provides that stock’s average daily trading volume for 3 months was 403.72 Million, while it jumped to 553.54 Million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 259.98 Million.
Data compiled by Thomson Reuters highlights that percentage of outstanding shares held by the insiders is 35.99% while it is 4.65% for the institutional holders. The figures also indicate that as of December 30, 2020, number of stock’s short shares was 709430000 which implies a short ratio of 2.29. This shows up a 0.26% of Short Interest in company’s outstanding shares on the day. In December the standing of shares short improved as it was 650.39 Million in the previous month. Addition of +9.18% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
Even if you’re not actively in crypto, you deserve to know what’s actually going on…
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets are already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .