Ross Stores, Inc (NASDAQ:ROST) shares, rose in value, with the stock price down by -1.13% to the previous day’s close as strong demand from buyers drove the stock to $139.70.
Actively observing the price movement in the last trading, the stock closed the session at $141.29. The PE ratio was 22.08 over 12-month period. Referring to stock’s 52-week performance, its high was $163.60, and the low was $122.36. On the whole, ROST has fluctuated by 0.24% over the past month.
With the market capitalization of Ross Stores, Inc currently standing at about $45.94 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.51, with its dividend yield at 1.08%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ROST’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% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 4.17, with the price of ROST currently trading nearly -4.18% and 1.08% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.13, while the 7-day volatility ratio is showing 5.70% which for the 30-day chart, stands at 2.80%. Furthermore, Ross Stores, Inc (ROST)’s beta value is 1.15, and its average true range (ATR) is 4.67.
A comparison of Ross Stores, Inc (ROST) with its peers suggests the former has fared considerably weaker in the market. ROST showed an intraday change of -1.13% in last session, and over the past year, it grew by 5.95%%.
Data on historical trading for Ross Stores, Inc (NASDAQ:ROST) indicates that the trading volumes over the past 3 months, they’ve averaged 3.60 million. According to company’s latest data on outstanding shares, there are 328.83 million shares outstanding.
Nearly 2.19% of Ross Stores, Inc’s shares belong to company insiders and institutional investors own 91.37% of the company’s shares. The stock has fallen by -7.65% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ROST stock heading into the next quarter.
