Pentair plc (NYSE:PNR) currently has a daily average trading volume of 1.40M but it saw 1987329 shares traded in last market. With a market cap of 17.00B USD, the company’s current market price of $102.90 came rising about 0.60 while comparing to the previous closing price of $102.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $102.35 and as low as $60.15. In the recent trading on the day, stock has struck highest price mark of $100.774 while lowest mark touched by it was $107.19.
Taking a look at 20-day trading activity of Pentair plc (PNR) gives us an average price of $99.10, while its current price level is 0.54% below from 52-week high level whereas it is 71.07% 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 $95.09 while that of 200 days or SMA-200 reads an average of $83.86. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.21% during that period while stretching the period over a month that decreases to 2.08%. 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 74.10 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 3.55% up while it is 6.72% when we observe its performance for the past one month. Year-to-date it is 41.52% up and over the past year, the stock is showing an upside performance of 68.72%.
Currently, Pentair plc’s total number of outstanding shares is 165.30M. Company’s return on investment (ROI) stands at 12.79% and return on equity (ROE) at 20.41%. It has a price to earnings ratio (P/E ratio) of 25.77 while having a 21.20 of forward P/E ratio. Stock’s beta reads 1.19. Stock has a price to book (P/B) ratio of 4.86 while price to sale or P/S ratio amounts to 4.15. Its return on asset (ROA) is 10.36% on average.
