Adient plc (NYSE:ADNT) currently has a daily average trading volume of 1.28M but it saw 951202 shares traded in last market. With a market cap of 1.94B USD, the company’s current market price of $22.28 came rising about 0.41 while comparing to the previous closing price of $22.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $40.18 and as low as $20.18. In the recent trading on the day, stock has struck highest price mark of $21.9 while lowest mark touched by it was $22.43.
Taking a look at 20-day trading activity of Adient plc (ADNT) gives us an average price of $21.81, while its current price level is -44.55% below from 52-week high level whereas it is 10.41% 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 $23.39 while that of 200 days or SMA-200 reads an average of $29.75. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.36% during that period while stretching the period over a month that increases to 2.54%. 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 46.83 which implies that the stock is in neutral territory.
Exane BNP Paribas upgraded its recommendation for the stock as a “Neutral” from “Underperform” on July 01, 2024 while assigning a price target of $26. Barclays issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $41 and $37.
Over the week, ADNT’s stock price is moving -0.22% down while it is 3.82% when we observe its performance for the past one month. Year-to-date it is -38.72% down and over the past year, the stock is showing a downside performance of -43.54%.
Currently, Adient plc’s total number of outstanding shares is 93.70M. Company’s return on investment (ROI) stands at 1.65% and return on equity (ROE) at 3.61%. It has a price to earnings ratio (P/E ratio) of 30.10 while having a 7.83 of forward P/E ratio. Stock’s beta reads 2.15. Stock has a price to book (P/B) ratio of 1.01 while price to sale or P/S ratio amounts to 0.13. Its return on asset (ROA) is 0.80% on average.
