Stock That Is Worth Exploring Now: Cboe Global Markets Inc. (AMEX: CBOE)

Cboe Global Markets Inc. (AMEX:CBOE) does about 809.48K shares in volume on a normal day but saw 865968 shares change hands in Friday trading. The company now has a market cap of 18.98B USD. Its current market price is $179.67, marking an increase of 3.19% compared to the previous close of $174.12. The 52 week high reached by this stock is $199.00 whilst the lowest price level in 52 weeks is $130.91.

Cboe Global Markets Inc. (CBOE) has a 20-day trading average at $179.02 and the current price is -9.71% off the 52-week high compared with 37.24% distance from its 52-week low. The 50-day simple moving average of the closing price is $182.76 and its 200-day simple moving average is $170.73. If we look at the stock’s price movements over the week, volatility stands at 2.37%, which decreases to 1.98% 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 49.50 to suggest the stock is neutral.

The consensus objective for the share price is $193.00, suggesting that the stock has a potential upside of 6.91% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 09, 2024 when Morgan Stanley downgraded the stock to “Equal-Weight” and issued a price target of between $211 and $199. Barclays upgraded the stock to “Overweight” from Equal Weight on January 08, 2024 at a price target of $189-$204.

Cboe Global Markets Inc. (CBOE) stock is up 0.71% over the week and -1.05% over the past month. Its price is 0.62% year-to-date and 29.90% over the past year.

To reach the target analysts have set, the stock logically needs to grow 6.91 percent from here.

The company has a return on investment of 14.14% and return on equity of 20.98%. The price to earnings ratio (P/E ratio) amounts to 24.04 while the forward price to earnings ratio is 19.94. The beta has a value of 0.64. Price to book ratio is 4.70 and price to sales ratio is 5.07.