Stevanato Group Spa (NYSE:STVN) shares, rose in value on Friday, January 03, with the stock price up by 5.81% to the previous day’s close as strong demand from buyers drove the stock to $23.68.
Actively observing the price movement in the last trading, the stock closed the session at $22.38, falling within a range of $22.0 and $23.8. The value of beta (5-year monthly) was 0.584 whereas the PE ratio was 51.23 over 12-month period. Referring to stock’s 52-week performance, its high was $34.73, and the low was $16.56. On the whole, STVN has fluctuated by 17.99% over the past month.
With the market capitalization of Stevanato Group Spa currently standing at about $6.46 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.06, with its dividend yield at 0.24%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that STVN’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 9.41, with the price of STVN currently trading nearly 8.58% and 15.08% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.30, while the 7-day volatility ratio is showing 6.87% which for the 30-day chart, stands at 5.56%. Furthermore, Stevanato Group Spa (STVN)’s beta value is 0.56, and its average true range (ATR) is 1.25.
A comparison of Stevanato Group Spa (STVN) with its peers suggests the former has fared considerably weaker in the market. STVN showed an intraday change of 5.81% in last session, and over the past year, it shrunk by -6.55%%.
Data on historical trading for Stevanato Group Spa (NYSE:STVN) indicates that the trading volumes over the past 10 days have averaged 0.44 and over the past 3 months, they’ve averaged 491.81K. According to company’s latest data on outstanding shares, there are 49.60 million shares outstanding.
Nearly 81.85% of Stevanato Group Spa’s shares belong to company insiders and institutional investors own 19.91% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.26 million shares as on 2024-12-13, resulting in a short ratio of 8.12. According to the data, the short interest in Stevanato Group Spa (STVN) stood at 670.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 3.66 million. The stock has risen by 8.67% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the STVN stock heading into the next quarter.
