Toast Inc (NYSE:TOST) shares, rose in value, with the stock price down by -1.10% to the previous day’s close as strong demand from buyers drove the stock to $41.78.
Actively observing the price movement in the recent trading, the stock is buoying the session at $42.24. The PE ratio was 178.14 over 12-month period. Referring to stock’s 52-week performance, its high was $45.56, and the low was $21.32. On the whole, TOST has fluctuated by 17.41% over the past month.
With the market capitalization of Toast Inc currently standing at about $24.17 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TOST’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 4.70, with the price of TOST currently trading nearly 0.92% and 12.28% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.25, while the 7-day volatility ratio is showing 0.91% which for the 30-day chart, stands at 3.02%. Furthermore, Toast Inc (TOST)’s beta value is 2.03, and its average true range (ATR) is 1.46.
A comparison of Toast Inc (TOST) with its peers suggests the former has fared considerably weaker in the market. TOST showed an intraday change of -1.10% in today’s session so far, and over the past year, it grew by 64.27%%.
Data on historical trading for Toast Inc (NYSE:TOST) indicates that the trading volumes over the past 3 months, they’ve averaged 7.46 million. According to company’s latest data on outstanding shares, there are 496.00 million shares outstanding.
Nearly 22.36% of Toast Inc’s shares belong to company insiders and institutional investors own 73.00% of the company’s shares. The stock has risen by 14.61% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TOST stock heading into the next quarter.
