Stevanato Group Spa (NYSE:STVN) shares, rose in value on Friday, January 24, with the stock price up by 0.47% to the previous day’s close as strong demand from buyers drove the stock to $21.54.
Actively observing the price movement in the last trading, the stock closed the session at $21.44, falling within a range of $21.09 and $21.705. The value of beta (5-year monthly) was 0.584 whereas the PE ratio was 46.60 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 4.77% over the past month.
With the market capitalization of Stevanato Group Spa currently standing at about $5.87 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 0.27%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.1B, with a low estimate of 316.39M and a high estimate of 327.6M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 322.09M.
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 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 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 7.79, with the price of STVN currently trading nearly -3.55% and 1.14% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.13, while the 7-day volatility ratio is showing 4.66% which for the 30-day chart, stands at 5.46%. Furthermore, Stevanato Group Spa (STVN)’s beta value is 0.54, and its average true range (ATR) is 1.16.
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 0.47% in last session, and over the past year, it shrunk by -27.03%%.
Data on historical trading for Stevanato Group Spa (NYSE:STVN) indicates that the trading volumes over the past 10 days have averaged 0.29 and over the past 3 months, they’ve averaged 456.11K. 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 20.18% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.73 million shares as on 2024-12-31, resulting in a short ratio of 9.3. According to the data, the short interest in Stevanato Group Spa (STVN) stood at 768.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 3.71 million. The stock has fallen by -1.15% 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.
