Spotting A Winner: UiPath Inc (NYSE: PATH) Retreats -4.59 And It Still Have Room To Run

UiPath Inc (NYSE:PATH) currently has a daily average trading volume of 9.27M but it saw 12112276 shares traded in last market. With a market cap of 6.63B USD, the company’s current market price of $12.06 came falling about -4.59 while comparing to the previous closing price of $12.64. In past 52 weeks, the stock remained buoying in the range of price level as high as $27.87 and as low as $10.37. In the recent trading on the day, stock has struck highest price mark of $11.9112 while lowest mark touched by it was $12.5.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Macquarie which downgraded the stock as “Neutral” in its note to investors issued on June 03, 2024, recommending a price target of between $29 and $12 for it. Truist also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $32 and $14.

Over the week, PATH’s stock price is moving -5.78% down while it is -6.87% when we observe its performance for the past one month. Year-to-date it is -51.45% down and over the past year, the stock is showing a downside performance of -22.49%.

Currently, UiPath Inc’s total number of outstanding shares is 486.82M. Company’s return on investment (ROI) stands at -5.88% and return on equity (ROE) at -5.89%. It has a 26.69 of forward P/E ratio. Stock’s beta reads 0.87. Stock has a price to book (P/B) ratio of 3.69 while price to sale or P/S ratio amounts to 4.80. Its return on asset (ROA) is -4.19% on average.