Snowflake Inc (NYSE:SNOW) shares, rose in value, with the stock price up by 0.15% to the previous day’s close as strong demand from buyers drove the stock to $212.39.
Actively observing the price movement in the recent trading, the stock is buoying the session at $212.08. Referring to stock’s 52-week performance, its high was $214.83, and the low was $107.13. On the whole, SNOW has fluctuated by 16.14% over the past month.
With the market capitalization of Snowflake Inc currently standing at about $70.87 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-21.
The stock’s technical analysis shows that the price of SNOW currently trading nearly 2.06% and 17.41% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 71.04, while the 7-day volatility ratio is showing 1.15% which for the 30-day chart, stands at 3.09%. Furthermore, Snowflake Inc (SNOW)’s beta value is 1.21, and its average true range (ATR) is 5.52.
A comparison of Snowflake Inc (SNOW) with its peers suggests the former has fared considerably weaker in the market. SNOW showed an intraday change of 0.15% in today’s session so far, and over the past year, it grew by 62.54%%.
Data on historical trading for Snowflake Inc (NYSE:SNOW) indicates that the trading volumes over the past 3 months, they’ve averaged 4.88 million. According to company’s latest data on outstanding shares, there are 333.64 million shares outstanding.
Nearly 4.88% of Snowflake Inc’s shares belong to company insiders and institutional investors own 66.30% of the company’s shares. The stock has risen by 37.55% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SNOW stock heading into the next quarter.
