SEI Investments Co (NASDAQ:SEIC) shares, rose in value on Friday, March 07, with the stock price down by -0.28% to the previous day’s close as strong demand from buyers drove the stock to $75.77.
Actively observing the price movement in the last trading, the stock closed the session at $75.98. The PE ratio was 17.17 over 12-month period. Referring to stock’s 52-week performance, its high was $87.25, and the low was $62.38. On the whole, SEIC has fluctuated by -12.20% over the past month.
With the market capitalization of SEI Investments Co currently standing at about $9.62 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.95, with its dividend yield at 1.25%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.28B, with a low estimate of 553.87M and a high estimate of 562.33M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 556.76M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SEIC’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% Buy 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 1.63, with the price of SEIC currently trading nearly -5.87% and -7.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 27.21, while the 7-day volatility ratio is showing 2.60% which for the 30-day chart, stands at 1.93%. Furthermore, SEI Investments Co (SEIC)’s beta value is 0.92, and its average true range (ATR) is 1.69.
A comparison of SEI Investments Co (SEIC) with its peers suggests the former has fared considerably weaker in the market. SEIC showed an intraday change of -0.28% in last session, and over the past year, it grew by 10.99%%.
Data on historical trading for SEI Investments Co (NASDAQ:SEIC) indicates that the trading volumes over the past 3 months, they’ve averaged 659.49K. According to company’s latest data on outstanding shares, there are 126.84 million shares outstanding.
Nearly 24.49% of SEI Investments Co’s shares belong to company insiders and institutional investors own 73.15% of the company’s shares. The stock has fallen by -8.14% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SEIC stock heading into the next quarter.
