UiPath Inc (PATH) Down -51.81% From Its 52-Week High, But Growth Potential Is Changing Over Time

UiPath Inc (NYSE:PATH) currently has a daily average trading volume of 8.43M but it saw 8633166 shares traded in last market. With a market cap of 7.38B USD, the company’s current market price of $13.43 came rising about 1.74 while comparing to the previous closing price of $13.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $27.87 and as low as $10.37. In the recent trading on the day, stock has struck highest price mark of $12.92 while lowest mark touched by it was $13.5384.

Taking a look at 20-day trading activity of UiPath Inc (PATH) gives us an average price of $13.44, while its current price level is -51.81% below from 52-week high level whereas it is 29.51% 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 $13.49 while that of 200 days or SMA-200 reads an average of $14.38. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.09% during that period while stretching the period over a month that decreases to 4.48%. 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 49.84 which implies that the stock is in neutral territory.

Macquarie downgraded its recommendation for the stock as a “Neutral” from “Outperform” on June 03, 2024 while assigning a price target range of $29-$12.

Over the week, PATH’s stock price is moving 5.66% up while it is -9.32% when we observe its performance for the past one month. Year-to-date it is 5.66% up and over the past year, the stock is showing a downside performance of -41.86%.

Currently, UiPath Inc’s total number of outstanding shares is 467.21M. Company’s return on investment (ROI) stands at -5.06% and return on equity (ROE) at -4.96%. It has a 26.04 of forward P/E ratio. Stock’s beta reads 0.95. Stock has a price to book (P/B) ratio of 4.26 while price to sale or P/S ratio amounts to 5.23. Its return on asset (ROA) is -3.36% on average.