Sotera Health Co (NASDAQ:SHC) shares, rose in value on Friday, January 03, with the stock price up by 0.07% to the previous day’s close as strong demand from buyers drove the stock to $13.63.
Actively observing the price movement in the last trading, the stock closed the session at $13.62, falling within a range of $13.4 and $13.74. The value of beta (5-year monthly) was 2.082 whereas the PE ratio was 54.92 over 12-month period. Referring to stock’s 52-week performance, its high was $17.44, and the low was $10.71. On the whole, SHC has fluctuated by 6.24% over the past month.
With the market capitalization of Sotera Health Co currently standing at about $3.86 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SHC’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 4.58, with the price of SHC currently trading nearly 2.34% and -3.33% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.71, while the 7-day volatility ratio is showing 2.72% which for the 30-day chart, stands at 3.05%. Furthermore, Sotera Health Co (SHC)’s beta value is 1.92, and its average true range (ATR) is 0.42.
A comparison of Sotera Health Co (SHC) with its peers suggests the former has fared considerably weaker in the market. SHC showed an intraday change of 0.07% in last session, and over the past year, it shrunk by -15.92%%.
Data on historical trading for Sotera Health Co (NASDAQ:SHC) indicates that the trading volumes over the past 10 days have averaged 1.11 and over the past 3 months, they’ve averaged 1.23 million. According to company’s latest data on outstanding shares, there are 283.24 million shares outstanding.
Nearly 46.07% of Sotera Health Co’s shares belong to company insiders and institutional investors own 51.00% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.61 million shares as on 2024-12-13, resulting in a short ratio of 3.94. According to the data, the short interest in Sotera Health Co (SHC) stood at 514.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 8.69 million. The stock has fallen by -0.37% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SHC stock heading into the next quarter.
