Axalta Coating Systems Ltd (NYSE:AXTA) currently has a daily average trading volume of 2.13M but it saw 4007320 shares traded in last market. With a market cap of 8.08B USD, the company’s current market price of $36.64 came rising about 2.78 while comparing to the previous closing price of $35.65. In past 52 weeks, the stock remained buoying in the range of price level as high as $36.98 and as low as $25.03.
Taking a look at 20-day trading activity of Axalta Coating Systems Ltd (AXTA) gives us an average price of $35.15, while its current price level is -0.92% below from 52-week high level whereas it is 46.38% 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 $35.04 while that of 200 days or SMA-200 reads an average of $32.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.39% during that period while stretching the period over a month that decreases to 2.02%. 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 63.48 which implies that the stock is in neutral territory.
UBS downgraded its recommendation for the stock as a “Neutral” from “Buy” on January 08, 2024 while assigning a price target range of $35-$36. Citigroup also issued its recommendations for the stock as it initiated the price target for the stock is $37.
Over the week, AXTA’s stock price is moving 6.20% up while it is 7.89% when we observe its performance for the past one month. Year-to-date it is 7.86% up and over the past year, the stock is showing an upside performance of 13.79%.
Currently, Axalta Coating Systems Ltd’s total number of outstanding shares is 220.10M. Company’s return on investment (ROI) stands at 4.82% and return on equity (ROE) at 15.02%. It has a price to earnings ratio (P/E ratio) of 32.76 while having a 16.11 of forward P/E ratio. Stock’s beta reads 1.44. Stock has a price to book (P/B) ratio of 4.67 while price to sale or P/S ratio amounts to 1.56. Its return on asset (ROA) is 3.52% on average.
