Pagerduty Inc (NYSE:PD) does about 1.16M shares in volume on a normal day but saw 1453088 shares change hands in Tuesday trading. The company now has a market cap of 1.92B USD. Its current market price is $20.72, marking a decrease of -1.15% compared to the previous close of $20.96. The 52 week high reached by this stock is $35.06 whilst the lowest price level in 52 weeks is $19.18.
Pagerduty Inc (PD) has a 20-day trading average at $22.22 and the current price is -40.90% off the 52-week high compared with 8.03% distance from its 52-week low. The 50-day simple moving average of the closing price is $23.13 and its 200-day simple moving average is $23.02. If we look at the stock’s price movements over the week, volatility stands at 3.84%, which decreases to 3.75% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 37.34 to suggest the stock is neutral.
The consensus objective for the share price is $26.16, suggesting that the stock has a potential upside of 20.8% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 18, 2024 when Truist upgraded the stock to “Buy” and issued a price target of between $25 and $30. Morgan Stanley downgraded the stock to “Equal-Weight” from Overweight on January 24, 2024 at a price target of $30. BofA Securities initiated its price target at $30.
Pagerduty Inc (PD) stock is down -10.57% over the week and -2.49% over the past month. Its price is -10.50% year-to-date and -37.67% over the past year.
To reach the target analysts have set, the stock logically needs to grow 20.8 percent from here.
The company has a return on investment of -13.05% and return on equity of -39.63%. The forward price to earnings ratio is 25.26. The beta has a value of 0.92. Price to book ratio is 11.20 and price to sales ratio is 4.46.
