Equinix Inc (NASDAQ:EQIX) shares, rose in value on Friday, March 28, with the stock price down by -2.70% to the previous day’s close as strong demand from buyers drove the stock to $803.00.
Actively observing the price movement in the last trading, the stock closed the session at $825.31, falling within a range of $797.33 and $825.985. The value of beta (5-year monthly) was 0.734 whereas the PE ratio was 93.94 over 12-month period. Referring to stock’s 52-week performance, its high was $994.03, and the low was $684.14. On the whole, EQIX has fluctuated by -11.80% over the past month.
With the market capitalization of Equinix Inc currently standing at about $78.16 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-11. The company’s Forward Dividend Ratio is 17.47, with its dividend yield at 2.18%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 9.13B, with a low estimate of 2.2B and a high estimate of 2.31B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.23B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EQIX’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell 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 3.94, with the price of EQIX currently trading nearly -5.86% and -10.35% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.16, while the 7-day volatility ratio is showing 2.46% which for the 30-day chart, stands at 2.58%. Furthermore, Equinix Inc (EQIX)’s beta value is 0.94, and its average true range (ATR) is 22.15.
A comparison of Equinix Inc (EQIX) with its peers suggests the former has fared considerably weaker in the market. EQIX showed an intraday change of -2.70% in last session, and over the past year, it grew by 0.37%%.
Data on historical trading for Equinix Inc (NASDAQ:EQIX) indicates that the trading volumes over the past 10 days have averaged 0.86 and over the past 3 months, they’ve averaged 620.92K. According to company’s latest data on outstanding shares, there are 97.29 million shares outstanding.
Nearly 0.52% of Equinix Inc’s shares belong to company insiders and institutional investors own 97.91% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.96 million shares as on 2025-03-14, resulting in a short ratio of 2.8. According to the data, the short interest in Equinix Inc (EQIX) stood at 231.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 1.8 million. The stock has fallen by -14.84% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EQIX stock heading into the next quarter.
