Emerald Holding Inc (NYSE:EEX) shares, rose in value on Friday, May 30, with the stock price down by -0.87% to the previous day’s close as strong demand from buyers drove the stock to $4.58.
Actively observing the price movement in the last trading, the stock closed the session at $4.62. The PE ratio was 284.47 over 12-month period. Referring to stock’s 52-week performance, its high was $6.74, and the low was $3.21. On the whole, EEX has fluctuated by 16.54% over the past month.
With the market capitalization of Emerald Holding Inc currently standing at about $910.78 million, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.06, with its dividend yield at 1.31%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EEX’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 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.02, with the price of EEX currently trading nearly -0.67% and 11.29% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.49, while the 7-day volatility ratio is showing 2.88% which for the 30-day chart, stands at 1.62%. Furthermore, Emerald Holding Inc (EEX)’s beta value is 1.11, and its average true range (ATR) is 0.15.
A comparison of Emerald Holding Inc (EEX) with its peers suggests the former has fared considerably weaker in the market. EEX showed an intraday change of -0.87% in last session, and over the past year, it shrunk by -23.03%%.
Data on historical trading for Emerald Holding Inc (NYSE:EEX) indicates that the trading volumes over the past 3 months, they’ve averaged 121.12K. According to company’s latest data on outstanding shares, there are 199.60 million shares outstanding.
Nearly 91.99% of Emerald Holding Inc’s shares belong to company insiders and institutional investors own 5.66% of the company’s shares. The stock has fallen by -4.98% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EEX stock heading into the next quarter.
