Bentley Systems Inc (NASDAQ:BSY) currently has a daily average trading volume of 1.11M but it saw 1125033 shares traded in last market. With a market cap of 14.70B USD, the company’s current market price of $48.64 came rising about 0.31 while comparing to the previous closing price of $48.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $57.19 and as low as $43.82. In the recent trading on the day, stock has struck highest price mark of $47.68 while lowest mark touched by it was $48.82.
Taking a look at 20-day trading activity of Bentley Systems Inc (BSY) gives us an average price of $49.88, while its current price level is -14.95% below from 52-week high level whereas it is 11.00% 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 $49.13 while that of 200 days or SMA-200 reads an average of $50.75. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.75% during that period while stretching the period over a month that decreases to 2.45%. 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 45.18 which implies that the stock is in neutral territory.
Rosenblatt upgraded its recommendation for the stock as a “Buy” from “Neutral” on February 26, 2024 while assigning a price target range of $54-$60.
Over the week, BSY’s stock price is moving -3.84% down while it is 2.23% when we observe its performance for the past one month. Year-to-date it is -6.78% down and over the past year, the stock is showing a downside performance of -2.19%.
Currently, Bentley Systems Inc’s total number of outstanding shares is 284.73M. Company’s return on investment (ROI) stands at 15.98% and return on equity (ROE) at 46.09%. It has a price to earnings ratio (P/E ratio) of 42.48 while having a 40.42 of forward P/E ratio. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 14.82 while price to sale or P/S ratio amounts to 11.43. Its return on asset (ROA) is 11.68% on average.
