Symbotic Inc (NASDAQ:SYM) currently has a daily average trading volume of 2.42M but it saw 2832854 shares traded in last market. With a market cap of 13.53B USD, the company’s current market price of $23.04 came falling about -3.88 while comparing to the previous closing price of $23.97. In past 52 weeks, the stock remained buoying in the range of price level as high as $58.28 and as low as $17.11. In the recent trading on the day, stock has struck highest price mark of $22.445 while lowest mark touched by it was $24.725.
Taking a look at 20-day trading activity of Symbotic Inc (SYM) gives us an average price of $28.47, while its current price level is -60.47% below from 52-week high level whereas it is 34.66% 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 $29.65 while that of 200 days or SMA-200 reads an average of $33.34. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.02% during that period while stretching the period over a month that increases to 9.51%. 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 35.93 which implies that the stock is in neutral territory.
DA Davidson downgraded its recommendation for the stock as a “Neutral” from “Buy” on November 27, 2024 while assigning a price target range of $50-$35. Craig Hallum also issued its recommendations for the stock as it downgraded the price target for the stock is $25.
Over the week, SYM’s stock price is moving -14.70% down while it is -40.95% when we observe its performance for the past one month. Year-to-date it is -55.11% down and over the past year, the stock is showing a downside performance of -59.12%.
Currently, Symbotic Inc’s total number of outstanding shares is 104.69M. Company’s return on investment (ROI) stands at -5.31% and return on equity (ROE) at -11.49%. It has a 43.00 of forward P/E ratio. Stock’s beta reads 1.77. Stock has a price to book (P/B) ratio of 12.23 while price to sale or P/S ratio amounts to 7.52. Its return on asset (ROA) is -0.86% on average.
