Irobot Corp (NASDAQ: IRBT) Stock Increased 46.77% Last Week – That’s Proof That Its Volatility Isn’t Going Anywhere

Irobot Corp (NASDAQ:IRBT) does about 2.19M shares in volume on a normal day but saw 4660889 shares change hands in Monday’s trading. The company now has a market cap of 385.38M USD. Its current market price is $13.40, marking an increase of 19.43% compared to the previous close of $11.22. The 52 week high reached by this stock is $51.49 whilst the lowest price level in 52 weeks is $6.48.

Irobot Corp (IRBT) has a 20-day trading average at $8.64 and the current price is -73.98% off the 52-week high compared with 106.79% distance from its 52-week low. The 50-day simple moving average of the closing price is $8.94 and its 200-day simple moving average is $26.00. If we look at the stock’s price movements over the week, volatility stands at 12.87%, which decreases to 8.84% 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 77.50 to suggest the stock is overbought.

The consensus objective for the share price is $12.98, suggesting that the stock has a potential downside of -3.24% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on May 06, 2022 when JP Morgan downgraded the stock to “Underweight” and issued a price target of between $65 and $45. Northland Capital upgraded the stock to “Outperform” from Market Perform on March 24, 2022 at a price target of $85. JP Morgan downgraded its price target at $103.

Irobot Corp (IRBT) stock is up 46.77% over the week and 70.70% over the past month. Its price is -65.37% year-to-date and -60.82% over the past year.

To reach the target analysts have set, the stock logically needs to shrink -3.24 percent from here.

The company has a return on investment of -53.89% and return on equity of -71.72%. The beta has a value of 0.93. Price to book ratio is 1.89 and price to sales ratio is 0.45.