Axalta Coating Systems Ltd (NYSE:AXTA) currently has a daily average trading volume of 1.97M but it saw 2646059 shares traded in last market. With a market cap of 7.43B USD, the company’s current market price of $33.87 came rising about 1.29 while comparing to the previous closing price of $33.44. In past 52 weeks, the stock remained buoying in the range of price level as high as $37.49 and as low as $25.03. In the recent trading on the day, stock has struck highest price mark of $33.605 while lowest mark touched by it was $34.13.
Taking a look at 20-day trading activity of Axalta Coating Systems Ltd (AXTA) gives us an average price of $35.08, while its current price level is -9.66% below from 52-week high level whereas it is 35.32% 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 $34.95 while that of 200 days or SMA-200 reads an average of $33.02. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.81% during that period while stretching the period over a month that decreases to 2.37%. 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 43.04 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 -7.56% down while it is -1.77% when we observe its performance for the past one month. Year-to-date it is -0.29% down and over the past year, the stock is showing an upside performance of 16.27%.
Currently, Axalta Coating Systems Ltd’s total number of outstanding shares is 220.10M. Company’s return on investment (ROI) stands at 5.58% and return on equity (ROE) at 17.50%. It has a price to earnings ratio (P/E ratio) of 25.06 while having a 14.46 of forward P/E ratio. Stock’s beta reads 1.43. Stock has a price to book (P/B) ratio of 4.19 while price to sale or P/S ratio amounts to 1.41. Its return on asset (ROA) is 4.17% on average.
