Stevanato Group Spa (NYSE:STVN) currently has a daily average trading volume of 560.27K but it saw 1555214 shares traded in last market. With a market cap of 5.88B USD, the company’s current market price of $21.58 came rising about 6.52 while comparing to the previous closing price of $20.26. In past 52 weeks, the stock remained buoying in the range of price level as high as $35.56 and as low as $16.56. In the recent trading on the day, stock has struck highest price mark of $20.275 while lowest mark touched by it was $23.06.
Taking a look at 20-day trading activity of Stevanato Group Spa (STVN) gives us an average price of $19.81, while its current price level is -39.31% below from 52-week high level whereas it is 30.31% 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 $19.70 while that of 200 days or SMA-200 reads an average of $25.44. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.75% during that period while stretching the period over a month that decreases to 6.51%. 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 61.73 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 15.90% up while it is 4.35% when we observe its performance for the past one month. Year-to-date it is -20.92% down and over the past year, the stock is showing a downside performance of -37.25%.
Currently, Stevanato Group Spa’s total number of outstanding shares is 272.68M. Company’s return on investment (ROI) stands at 7.84% and return on equity (ROE) at 10.31%. It has a price to earnings ratio (P/E ratio) of 43.43 while having a 34.28 of forward P/E ratio. Stock’s beta reads 0.58. Stock has a price to book (P/B) ratio of 4.15 while price to sale or P/S ratio amounts to 5.01. Its return on asset (ROA) is 6.12% on average.
