Stevanato Group Spa (NYSE:STVN) currently has a daily average trading volume of 704.96K but it saw 2313149 shares traded in last market. With a market cap of 5.40B USD, the company’s current market price of $19.79 came falling about -9.01 while comparing to the previous closing price of $21.75. In past 52 weeks, the stock remained buoying in the range of price level as high as $36.30 and as low as $16.56.
Taking a look at 20-day trading activity of Stevanato Group Spa (STVN) gives us an average price of $20.15, while its current price level is -45.48% below from 52-week high level whereas it is 19.50% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $19.45 while that of 200 days or SMA-200 reads an average of $26.75. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.35% during that period while stretching the period over a month that decreases to 5.99%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.40 which implies that the stock is in neutral territory.
Jefferies downgraded its recommendation for the stock as a “Hold” from “Buy” on November 01, 2023 while assigning a price target range of $39-$29. Stephens also issued its recommendations for the stock as it initiated the price target for the stock is $33.
Over the week, STVN’s stock price is moving -8.93% down while it is 14.92% when we observe its performance for the past one month. Year-to-date it is -27.48% down and over the past year, the stock is showing a downside performance of -39.46%.
Currently, Stevanato Group Spa’s total number of outstanding shares is 272.77M. Company’s return on investment (ROI) stands at 8.48% and return on equity (ROE) at 11.54%. It has a price to earnings ratio (P/E ratio) of 35.59 while having a 29.40 of forward P/E ratio. Stock’s beta reads 0.55. Stock has a price to book (P/B) ratio of 3.76 while price to sale or P/S ratio amounts to 4.60. Its return on asset (ROA) is 6.89% on average.
