ChargePoint Holdings Inc (NYSE:CHPT) currently has a daily average trading volume of 14.49M but it saw 9826912 shares traded in last market. With a market cap of 569.69M USD, the company’s current market price of $1.32 came falling about -1.49 while comparing to the previous closing price of $1.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.11 and as low as $1.21. In the recent trading on the day, stock has struck highest price mark of $1.29 while lowest mark touched by it was $1.35.
Taking a look at 20-day trading activity of ChargePoint Holdings Inc (CHPT) gives us an average price of $1.6715, while its current price level is -78.40% below from 52-week high level whereas it is 9.09% 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 $1.8328 while that of 200 days or SMA-200 reads an average of $1.8613. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.74% during that period while stretching the period over a month that decreases to 7.06%. 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 34.37 which implies that the stock is in neutral territory.
TD Cowen downgraded its recommendation for the stock as a “Hold” from “Buy” on September 05, 2024 while assigning a price target of $2. Goldman issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $2 and $1.50.
Over the week, CHPT’s stock price is moving -5.04% down while it is -25.84% when we observe its performance for the past one month. Year-to-date it is -43.59% down and over the past year, the stock is showing a downside performance of -76.72%.
Currently, ChargePoint Holdings Inc’s total number of outstanding shares is 421.12M. Company’s return on investment (ROI) stands at -73.76% and return on equity (ROE) at -155.55%. Stock’s beta reads 1.74. Stock has a price to book (P/B) ratio of 2.46 while price to sale or P/S ratio amounts to 1.29. Its return on asset (ROA) is -37.99% on average.
