Viking Holdings Ltd. (NYSE: VIK) 52-Week High Located At $33.28, Forget The Dips, Just Ride The Rips

Viking Holdings Ltd. (NYSE:VIK) does about 2.88M shares in volume on a normal day but saw 4589226 shares change hands in Friday trading. The company now has a market cap of 14.65B USD. Its current market price is $33.94, marking an increase of 3.76% compared to the previous close of $32.71. The 52 week high reached by this stock is $33.28 whilst the lowest price level in 52 weeks is $25.71.

Viking Holdings Ltd. (VIK) has a 20-day trading average at $31.66 and the current price is 1.98% off the 52-week high compared with 32.01% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 4.51%, which decreases to 3.85% 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 70.00 to suggest the stock is 70.00.

The consensus objective for the share price is $35.20, suggesting that the stock has a potential upside of 3.58% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on June 25, 2024 when HSBC Securities initiated the stock to “Buy” and issued a price target of $36. Wells Fargo initiated its price target at $35.

Viking Holdings Ltd. (VIK) stock is up 7.64% over the week and 14.24% over the past month. Its price is 30.04% year-to-date.

To reach the target analysts have set, the stock logically needs to grow 3.58 percent from here.

The forward price to earnings ratio is 16.91.