The trading price of Strattec Security Corp (NASDAQ:STRT) closed higher on Friday, May 23, and closing at $51.84, 0.08% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 10.47. In examining the 52-week price action we see that the stock hit a 52-week high of $54.01 and a 52-week low of $21.05. Over the past month, the stock has gained 39.69% in value.
Strattec Security Corp, whose market valuation is $216.07 million at the time of this writing, is expected to release its quarterly earnings report in June. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest STRT has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 100% Buy.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 1.12, which symbolizes a positive outlook. A quick review shows that STRT’s price is currently 23.44% off the SMA20 and 29.42% off the SMA50. The RSI metric on the 14-day chart is currently showing 70.59, and weekly volatility stands at 3.34%. When measured over the past 30 days, the indicator reaches 4.54%. Strattec Security Corp (NASDAQ:STRT)’s beta value is currently sitting at 1.31, while the Average True Range indicator is currently displaying 3.20.
To see how Strattec Security Corp stock has been performing in comparison to its peers in the industry, here are the numbers: STRT stock’s performance was 0.08% in the latest trading, and 107.61% in the past year. Strattec Security Corp has a P/E ratio of 10.47.
An evaluation of the daily trading volume of Strattec Security Corp (NASDAQ:STRT) indicates that the 3-month average is 25.92K.
Currently, records show that 4.04 million of the company’s shares remain outstanding. The insiders hold 8.82% of outstanding shares, whereas institutions hold 68.56%. However, since the stock’s price has seen 25.83% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
