SentinelOne Inc (NYSE:S) price on Thursday, July 24, fall -0.10% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $19.47.
A look at the stock’s price movement, the close in the last trading session was $19.49. Turning to its 52-week performance, $29.29 and $15.36 were the 52-week high and 52-week low respectively. Overall, S moved 9.38% over the past month.
SentinelOne Inc’s market cap currently stands at around $6.47 billion, with investors looking forward to this quarter’s earnings report slated for in August.
Turning to the stock’s technical picture we see that short term indicators suggest on average that S is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
28 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 11 analyst(s) rate the stock as a Hold, 16 recommend S as a Buy and 1 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
S’s current price about 6.34% and 5.42% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 61.71, while 7-day volatility ratio is 5.52% and 3.50% in the 30-day chart. Further, SentinelOne Inc (S) has a beta value of 0.79. Analysts have given the company’s stock an average 52-week price target of $26, forecast between a low of $21 and high of $28. Looking at the price targets, the low is -7.86% off current price level while to achieve the yearly target high, price needs to move -43.81%. Nonetheless, investors will most likely welcome a -33.54% jump to $26 which is the analysts’ median price.
If we refocus on SentinelOne Inc (NYSE:S), historical trading data shows that trading volumes averaged 6.35 million over the past 3 months. The company’s latest data on shares outstanding shows there are 316.86 million shares.
The 9.58% of SentinelOne Inc’s shares are in the hands of company insiders while institutional holders own 72.79% of the company’s shares. Current price change has pushed the stock -16.01% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the S stock continues to rise going into the next quarter.
