Snowflake Inc (NYSE:SNOW) currently has a daily average trading volume of 6.94M but it saw 5345264 shares traded in last market. With a market cap of 36.75B USD, the company’s current market price of $109.65 came falling about -0.53 while comparing to the previous closing price of $110.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $237.72 and as low as $107.13. In the recent trading on the day, stock has struck highest price mark of $109.2 while lowest mark touched by it was $111.375.
Taking a look at 20-day trading activity of Snowflake Inc (SNOW) gives us an average price of $111.91, while its current price level is -53.87% below from 52-week high level whereas it is 2.35% 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 $118.01 while that of 200 days or SMA-200 reads an average of $156.02. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.22% during that period while stretching the period over a month that decreases to 3.11%. 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 40.86 which implies that the stock is in neutral territory.
HSBC Securities upgraded its recommendation for the stock as a “Hold” from “Reduce” on August 23, 2024 while assigning a price target range of $119-$121. Wells Fargo issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $200 and $130.
Over the week, SNOW’s stock price is moving -2.64% down while it is -0.69% when we observe its performance for the past one month. Year-to-date it is -44.90% down and over the past year, the stock is showing a downside performance of -27.47%.
Currently, Snowflake Inc’s total number of outstanding shares is 334.45M. Company’s return on investment (ROI) stands at -23.08% and return on equity (ROE) at -21.61%. It has a 120.38 of forward P/E ratio. Stock’s beta reads 0.84. Stock has a price to book (P/B) ratio of 8.91 while price to sale or P/S ratio amounts to 11.46. Its return on asset (ROA) is -14.08% on average.
