Axalta Coating Systems Ltd (NYSE:AXTA) currently has a daily average trading volume of 1.95M but it saw 1684585 shares traded in last market. With a market cap of 7.73B USD, the company’s current market price of $35.26 came rising about 0.60 while comparing to the previous closing price of $35.05. In past 52 weeks, the stock remained buoying in the range of price level as high as $37.78 and as low as $25.03. In the recent trading on the day, stock has struck highest price mark of $34.885 while lowest mark touched by it was $35.33.
UBS downgraded its recommendation for the stock as a “Neutral” from “Buy” on January 08, 2024 while assigning a price target range of $35-$36. Citigroup also issued its recommendations for the stock as it initiated the price target for the stock is $37.
Over the week, AXTA’s stock price is moving -4.31% down while it is -3.26% when we observe its performance for the past one month. Year-to-date it is 3.80% up and over the past year, the stock is showing an upside performance of 38.38%.
Currently, Axalta Coating Systems Ltd’s total number of outstanding shares is 220.10M. Company’s return on investment (ROI) stands at 5.58% and return on equity (ROE) at 17.50%. It has a price to earnings ratio (P/E ratio) of 26.09 while having a 15.10 of forward P/E ratio. Stock’s beta reads 1.44. Stock has a price to book (P/B) ratio of 4.36 while price to sale or P/S ratio amounts to 1.47. Its return on asset (ROA) is 4.17% on average.
