Things For Investors To Watch In Vertiv Holdings Co (NYSE: VRT)

Vertiv Holdings Co (NYSE:VRT) does about 9.20M shares in volume on a normal day but saw 13577222 shares change hands in Friday’s trading. The company now has a market cap of 32.82B USD. Its current market price is $87.68, marking a decrease of -0.36% compared to the previous close of $88.00. The 52 week high reached by this stock is $109.27 whilst the lowest price level in 52 weeks is $19.89.

Vertiv Holdings Co (VRT) has a 20-day trading average at $98.17 and the current price is -19.76% off the 52-week high compared with 340.82% distance from its 52-week low. The 50-day simple moving average of the closing price is $91.05 and its 200-day simple moving average is $60.02. If we look at the stock’s price movements over the week, volatility stands at 7.15%, which decreases to 5.32% 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 40.53 to suggest the stock is neutral.

The consensus objective for the share price is $102.03, suggesting that the stock has a potential upside of 14.06% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 05, 2024 when Oppenheimer initiated the stock to “Outperform” and issued a price target of $96. BofA Securities upgraded the stock to “Buy” from Underperform on August 02, 2023 at a price target of $40.

Vertiv Holdings Co (VRT) stock is down -10.59% over the week and -10.24% over the past month. Its price is 82.55% year-to-date and 326.46% over the past year.

To reach the target analysts have set, the stock logically needs to grow 14.06 percent from here.

The company has a return on investment of 9.05% and return on equity of 27.44%. The price to earnings ratio (P/E ratio) amounts to 84.30 while the forward price to earnings ratio is 28.66. The beta has a value of 1.61. Price to book ratio is 23.53 and price to sales ratio is 4.70.