Axalta Coating Systems Ltd (NYSE:AXTA) currently has a daily average trading volume of 2.00M but it saw 3433978 shares traded in last market. With a market cap of 8.32B USD, the company’s current market price of $37.92 came falling about -1.04 while comparing to the previous closing price of $38.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $38.77 and as low as $25.92. In the recent trading on the day, stock has struck highest price mark of $37.7 while lowest mark touched by it was $38.34.
Taking a look at 20-day trading activity of Axalta Coating Systems Ltd (AXTA) gives us an average price of $36.26, while its current price level is -2.19% below from 52-week high level whereas it is 46.30% 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 $35.89 while that of 200 days or SMA-200 reads an average of $34.31. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.78% during that period while stretching the period over a month that decreases to 1.73%. 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 62.60 which implies that the stock is in neutral territory.
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 6.58% up while it is 5.45% when we observe its performance for the past one month. Year-to-date it is 11.63% up and over the past year, the stock is showing an upside performance of 44.57%.
Currently, Axalta Coating Systems Ltd’s total number of outstanding shares is 220.10M. Company’s return on investment (ROI) stands at 6.05% and return on equity (ROE) at 18.64%. It has a price to earnings ratio (P/E ratio) of 25.57 while having a 15.80 of forward P/E ratio. Stock’s beta reads 1.44. Stock has a price to book (P/B) ratio of 4.33 while price to sale or P/S ratio amounts to 1.58. Its return on asset (ROA) is 4.51% on average.
