Pentair plc (NYSE:PNR) currently has a daily average trading volume of 1.51M but it saw 1387216 shares traded in last market. With a market cap of 16.46B USD, the company’s current market price of $99.48 came rising about 1.01 while comparing to the previous closing price of $98.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $99.57 and as low as $57.18. In the recent trading on the day, stock has struck highest price mark of $98.76 while lowest mark touched by it was $99.95.
Taking a look at 20-day trading activity of Pentair plc (PNR) gives us an average price of $96.73, while its current price level is -0.09% below from 52-week high level whereas it is 73.98% 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 $90.60 while that of 200 days or SMA-200 reads an average of $81.69. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.44% during that period while stretching the period over a month that increases to 1.57%. 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 70.13 which implies that the stock is in overbought territory.
Northcoast upgraded its recommendation for the stock as a “Buy” from “Neutral” on April 15, 2024 while assigning a price target of $100. Goldman also issued its recommendations for the stock as it downgraded the price target for the stock is $91.
Over the week, PNR’s stock price is moving 2.57% up while it is 5.93% when we observe its performance for the past one month. Year-to-date it is 36.82% up and over the past year, the stock is showing an upside performance of 55.85%.
Currently, Pentair plc’s total number of outstanding shares is 165.30M. Company’s return on investment (ROI) stands at 12.47% and return on equity (ROE) at 20.72%. It has a price to earnings ratio (P/E ratio) of 25.18 while having a 20.68 of forward P/E ratio. Stock’s beta reads 1.19. Stock has a price to book (P/B) ratio of 4.80 while price to sale or P/S ratio amounts to 4.01. Its return on asset (ROA) is 10.11% on average.
