Embecta Corp (NASDAQ:EMBC) currently has a daily average trading volume of 400.84K but it saw 790265 shares traded in last market. With a market cap of 873.00M USD, the company’s current market price of $15.13 came falling about -7.97 while comparing to the previous closing price of $16.44. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.79 and as low as $9.93. In the recent trading on the day, stock has struck highest price mark of $15.07 while lowest mark touched by it was $16.665.
Taking a look at 20-day trading activity of Embecta Corp (EMBC) gives us an average price of $14.80, while its current price level is -23.55% below from 52-week high level whereas it is 52.44% 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 $14.15 while that of 200 days or SMA-200 reads an average of $14.49. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.02% during that period while stretching the period over a month that decreases to 5.65%. 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 52.50 which implies that the stock is in neutral territory.
Morgan Stanley downgraded its recommendation for the stock as a “Underweight” from “Equal-Weight” on January 06, 2023 while assigning a price target of $28.
Over the week, EMBC’s stock price is moving -1.82% down while it is 5.29% when we observe its performance for the past one month. Year-to-date it is -20.07% down and over the past year, the stock is showing a downside performance of -16.22%.
Currently, Embecta Corp’s total number of outstanding shares is 57.33M. Company’s return on investment (ROI) stands at 8.00%. It has a price to earnings ratio (P/E ratio) of 12.53 while having a 6.67 of forward P/E ratio. Stock’s beta reads 0.94. Stock has a price to sale or P/S ratio amounts to 0.78. Its return on asset (ROA) is 5.53% on average.
