Vertiv Holdings Co (NYSE:VRT) shares, rose in value, with the stock price up by 1.89% to the previous day’s close as strong demand from buyers drove the stock to $127.40.
Actively observing the price movement in the recent trading, the stock is buoying the session at $125.04, falling within a range of $125.4 and $129.0. The value of beta (5-year monthly) is 1.586 whereas the PE ratio is 84.78 over 12-month period. Referring to stock’s 52-week performance, its high was $145.67, and the low was $44.31. On the whole, VRT has fluctuated by 2.30% over the past month.
With the market capitalization of Vertiv Holdings Co currently standing at about $47.82 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 0.11, with its dividend yield at 0.09%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VRT’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.39, with the price of VRT currently trading nearly -2.11% and 6.14% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.18, while the 7-day volatility ratio is showing 5.08% which for the 30-day chart, stands at 5.28%. Furthermore, Vertiv Holdings Co (VRT)’s beta value is 1.61, and its average true range (ATR) is 6.04.
A comparison of Vertiv Holdings Co (VRT) with its peers suggests the former has fared considerably weaker in the market. VRT showed an intraday change of 1.89% in today’s session so far, and over the past year, it grew by 165.75%%.
Data on historical trading for Vertiv Holdings Co (NYSE:VRT) indicates that the trading volumes over the past 10 days have averaged 6.01 and over the past 3 months, they’ve averaged 6.83 million. According to company’s latest data on outstanding shares, there are 375.25 million shares outstanding.
Nearly 1.90% of Vertiv Holdings Co’s shares belong to company insiders and institutional investors own 86.57% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 15.17 million shares as on 2024-11-29, resulting in a short ratio of 2.29. According to the data, the short interest in Vertiv Holdings Co (VRT) stood at 489.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 18.44 million. The stock has risen by 165.25% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VRT stock heading into the next quarter.
