Smartsheet Inc (NYSE: SMAR): Think Like A Lender, Not An Investor

Smartsheet Inc (NYSE:SMAR) currently has a daily average trading volume of 4.23M but it saw 2226895 shares traded in last market. With a market cap of 7.82B USD, the company’s current market price of $56.12 came rising about 0.04 while comparing to the previous closing price of $56.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $56.55 and as low as $35.52. In the recent trading on the day, stock has struck highest price mark of $56.045 while lowest mark touched by it was $56.15.

Taking a look at 20-day trading activity of Smartsheet Inc (SMAR) gives us an average price of $55.97, while its current price level is -0.76% below from 52-week high level whereas it is 58.00% 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 $55.90 while that of 200 days or SMA-200 reads an average of $46.50. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.23% during that period while stretching the period over a month that increases to 0.27%. 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 59.21 which implies that the stock is in neutral territory.

Over the week, SMAR’s stock price is moving 0.21% up while it is 0.57% when we observe its performance for the past one month. Year-to-date it is 17.36% up and over the past year, the stock is showing an upside performance of 23.99%.

Currently, Smartsheet Inc’s total number of outstanding shares is 138.53M. Company’s return on investment (ROI) stands at -6.08% and return on equity (ROE) at -7.01%. It has a 35.37 of forward P/E ratio. Stock’s beta reads 0.71. Stock has a price to book (P/B) ratio of 11.59 while price to sale or P/S ratio amounts to 7.50. Its return on asset (ROA) is -3.36% on average.