ChargePoint Holdings Inc (NYSE:CHPT) price on Wednesday, July 10, rose 7.91% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.91.
A look at the stock’s price movement, the close in the last trading session was $1.77. Turning to its 52-week performance, $9.23 and $1.21 were the 52-week high and 52-week low respectively. Overall, CHPT moved 6.11% over the past month.
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ChargePoint Holdings Inc’s market cap currently stands at around $812.32 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CHPT is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
CHPT’s current price about 19.41% and 15.70% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 62.45, while 7-day volatility ratio is 10.63% and 8.17% in the 30-day chart. Further, ChargePoint Holdings Inc (CHPT) has a beta value of 1.72, and an average true range (ATR) of 0.14.
If we refocus on ChargePoint Holdings Inc (NYSE:CHPT), historical trading data shows that trading volumes averaged 13.55 million over the past 3 months. The company’s latest data on shares outstanding shows there are 421.12 million shares.
The 8.60% of ChargePoint Holdings Inc’s shares are in the hands of company insiders while institutional holders own 37.67% of the company’s shares. Current price change has pushed the stock -18.38% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CHPT stock continues to rise going into the next quarter.
