Radware (NASDAQ:RDWR) currently has a daily average trading volume of 431.09K but it saw 1352560 shares traded in last market. With a market cap of 892.22M USD, the company’s current market price of $21.35 came falling about -1.52 while comparing to the previous closing price of $21.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $23.05 and as low as $13.53. In the recent trading on the day, stock has struck highest price mark of $21.3 while lowest mark touched by it was $21.79.
Taking a look at 20-day trading activity of Radware (RDWR) gives us an average price of $20.18, while its current price level is -7.38% below from 52-week high level whereas it is 57.80% 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 $19.06 while that of 200 days or SMA-200 reads an average of $17.87. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.20% during that period while stretching the period over a month that increases to 4.06%. 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 59.82 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Jefferies which downgraded the stock as “Hold” in its note to investors issued on November 03, 2022, recommending a price target of $22 for it. Colliers Securities issued its recommendations for the stock as it upgraded the price target for the stock is $40.
Over the week, RDWR’s stock price is moving -0.97% down while it is 14.91% when we observe its performance for the past one month. Year-to-date it is 28.00% up and over the past year, the stock is showing an upside performance of 25.81%.
In next quarter, company is expected to be making quarterly sales of $70.67M as analysts are expecting the sales for current fiscal year at $271.36M and seeing the company making $289.85M in sales next year. Moreover, analysts are in estimates of $68.36M for current-quarter revenue.
Currently, Radware’s total number of outstanding shares is 41.70M. Company’s return on investment (ROI) stands at -3.95% and return on equity (ROE) at -4.07%. It has a 24.26 of forward P/E ratio. Stock’s beta reads 0.98. Stock has a price to book (P/B) ratio of 3.01 while price to sale or P/S ratio amounts to 3.44. Its return on asset (ROA) is -2.02% on average.
