HubSpot Inc (NYSE:HUBS) shares, rose in value on Friday, March 07, with the stock price down by -1.82% to the previous day’s close as strong demand from buyers drove the stock to $640.21.
Actively observing the price movement in the last trading, the stock closed the session at $652.10. The PE ratio was 7461.66 over 12-month period. Referring to stock’s 52-week performance, its high was $881.13, and the low was $434.84. On the whole, HUBS has fluctuated by -17.89% over the past month.
With the market capitalization of HubSpot Inc currently standing at about $33.39 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3B, with a low estimate of 697.3M and a high estimate of 713M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 699.44M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HUBS’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 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 353.97, with the price of HUBS currently trading nearly -13.59% and -12.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 28.67, while the 7-day volatility ratio is showing 5.15% which for the 30-day chart, stands at 3.93%. Furthermore, HubSpot Inc (HUBS)’s beta value is 1.78, and its average true range (ATR) is 30.66.
A comparison of HubSpot Inc (HUBS) with its peers suggests the former has fared considerably weaker in the market. HUBS showed an intraday change of -1.82% in last session, and over the past year, it grew by 5.67%%.
Data on historical trading for HubSpot Inc (NYSE:HUBS) indicates that the trading volumes over the past 3 months, they’ve averaged 487.22K. According to company’s latest data on outstanding shares, there are 51.77 million shares outstanding.
Nearly 3.87% of HubSpot Inc’s shares belong to company insiders and institutional investors own 90.95% of the company’s shares. The stock has fallen by -8.12% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HUBS stock heading into the next quarter.
