Erie Indemnity Co (NASDAQ:ERIE) currently has a daily average trading volume of 144.97K but it saw 90749 shares traded in last market. With a market cap of 18.69B USD, the company’s current market price of $401.35 came falling about -0.23 while comparing to the previous closing price of $402.26. In past 52 weeks, the stock remained buoying in the range of price level as high as $547.00 and as low as $321.05. In the recent trading on the day, stock has struck highest price mark of $398.85 while lowest mark touched by it was $403.52.
Taking a look at 20-day trading activity of Erie Indemnity Co (ERIE) gives us an average price of $412.95, while its current price level is -26.63% below from 52-week high level whereas it is 25.01% 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 $420.46 while that of 200 days or SMA-200 reads an average of $426.86. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.33% during that period while stretching the period over a month that increases to 2.35%. 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 38.31 which implies that the stock is in neutral territory.
Stifel Nicolaus upgraded its recommendation for the stock as a “Buy” from “Hold” on October 10, 2008 while assigning a price target of $45.
Over the week, ERIE’s stock price is moving -2.64% down while it is -2.55% when we observe its performance for the past one month. Year-to-date it is -2.64% down and over the past year, the stock is showing an upside performance of 22.01%.
Currently, Erie Indemnity Co’s total number of outstanding shares is 46.19M. Company’s return on investment (ROI) stands at 28.71% and return on equity (ROE) at 31.42%. It has a price to earnings ratio (P/E ratio) of 37.81 while having a 28.07 of forward P/E ratio. Stock’s beta reads 0.47. Stock has a price to book (P/B) ratio of 9.60 while price to sale or P/S ratio amounts to 5.07. Its return on asset (ROA) is 21.27% on average.
