John Bean Technologies Corp (NYSE:JBT) currently has a daily average trading volume of 253.99K but it saw 1836685 shares traded in last market. With a market cap of 3.57B USD, the company’s current market price of $112.15 came rising about 17.73 while comparing to the previous closing price of $95.26. In past 52 weeks, the stock remained buoying in the range of price level as high as $109.91 and as low as $82.64. In the recent trading on the day, stock has struck highest price mark of $99.95 while lowest mark touched by it was $112.89.
Taking a look at 20-day trading activity of John Bean Technologies Corp (JBT) gives us an average price of $98.76, while its current price level is 2.04% below from 52-week high level whereas it is 35.71% 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 $93.15 while that of 200 days or SMA-200 reads an average of $95.72. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.85% during that period while stretching the period over a month that decreases to 2.96%. 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 73.11 which implies that the stock is in overbought territory.
JP Morgan upgraded its recommendation for the stock as a “Neutral” from “Underweight” on October 04, 2021 while assigning a price target of $130. Robert W. Baird issued its recommendations for the stock as it upgraded the price target for the stock is $151.
Over the week, JBT’s stock price is moving 13.96% up while it is 19.52% when we observe its performance for the past one month. Year-to-date it is 12.77% up and over the past year, the stock is showing an upside performance of 17.53%.
Currently, John Bean Technologies Corp’s total number of outstanding shares is 31.86M. Company’s return on investment (ROI) stands at 7.77% and return on equity (ROE) at 9.75%. It has a price to earnings ratio (P/E ratio) of 20.80 while having a 19.59 of forward P/E ratio. Stock’s beta reads 1.25. Stock has a price to book (P/B) ratio of 2.35 while price to sale or P/S ratio amounts to 2.11. Its return on asset (ROA) is 5.26% on average.
