Sailpoint Inc (NASDAQ:SAIL) shares, rose in value on Thursday, March 27, with the stock price down by -4.74% to the previous day’s close as strong demand from buyers drove the stock to $20.52.
Actively observing the price movement in the last trading, the stock closed the session at $21.54, falling within a range of $20.4068 and $21.5959. Referring to stock’s 52-week performance, its high was $26.35, and the low was $17.56. On the whole, SAIL has fluctuated by -14.71% over the past month.
With the market capitalization of Sailpoint Inc currently standing at about $11.42 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April.
The stock’s technical analysis shows that the price of SAIL currently trading nearly -2.08% and -6.58% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.82, while the 7-day volatility ratio is showing 7.35% which for the 30-day chart, stands at 6.31%. Furthermore, Sailpoint Inc (SAIL)’s average true range (ATR) is 1.38.
Data on historical trading for Sailpoint Inc (NASDAQ:SAIL) indicates that the trading volumes over the past 10 days have averaged 1.84 and over the past 3 months, they’ve averaged 3.90 million. According to company’s latest data on outstanding shares, there are 546.56 million shares outstanding.
Nearly 88.86% of Sailpoint Inc’s shares belong to company insiders and institutional investors own 0.00% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 7.75 million shares as on 2025-03-14, resulting in a short ratio of 2.85. According to the data, the short interest in Sailpoint Inc (SAIL) stood at 1117.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 5.74 million. The stock has fallen by -6.73% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SAIL stock heading into the next quarter.
