Bentley Systems Inc (NASDAQ:BSY) currently has a daily average trading volume of 1.11M but it saw 836715 shares traded in last market. With a market cap of 15.11B USD, the company’s current market price of $50.01 came falling about -0.85 while comparing to the previous closing price of $50.44. 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 $49.955 while lowest mark touched by it was $50.54.
Taking a look at 20-day trading activity of Bentley Systems Inc (BSY) gives us an average price of $49.51, while its current price level is -12.55% below from 52-week high level whereas it is 14.13% 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 $49.15 while that of 200 days or SMA-200 reads an average of $50.55. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.54% during that period while stretching the period over a month that increases to 2.42%. 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 52.42 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 0.08% up while it is -1.67% when we observe its performance for the past one month. Year-to-date it is -4.16% down and over the past year, the stock is showing an upside performance of 1.48%.
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 43.68 while having a 41.56 of forward P/E ratio. Stock’s beta reads 1.03. Stock has a price to book (P/B) ratio of 15.24 while price to sale or P/S ratio amounts to 11.76. Its return on asset (ROA) is 11.68% on average.
