Vertiv Holdings Co (NYSE:VRT) shares, rose in value, with the stock price up by 1.74% to the previous day’s close as strong demand from buyers drove the stock to $87.89.
Actively observing the price movement in the last trading, the stock closed the session at $86.39. The PE ratio was 68.26 over 12-month period. Referring to stock’s 52-week performance, its high was $155.84, and the low was $62.40. On the whole, VRT has fluctuated by -21.94% over the past month.
With the market capitalization of Vertiv Holdings Co currently standing at about $33.47 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.11, with its dividend yield at 0.13%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 9.22B, with a low estimate of 1.91B and a high estimate of 1.97B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.94B.
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% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.91, with the price of VRT currently trading nearly -15.69% and -24.33% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.35, while the 7-day volatility ratio is showing 10.18% which for the 30-day chart, stands at 6.83%. Furthermore, Vertiv Holdings Co (VRT)’s beta value is 1.65, and its average true range (ATR) is 8.28.
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 1.74% in last session, and over the past year, it grew by 24.54%%.
Data on historical trading for Vertiv Holdings Co (NYSE:VRT) indicates that the trading volumes over the past 3 months, they’ve averaged 9.46 million. According to company’s latest data on outstanding shares, there are 380.70 million shares outstanding.
Nearly 1.91% of Vertiv Holdings Co’s shares belong to company insiders and institutional investors own 82.96% of the company’s shares. The stock has fallen by -22.64% 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.
