A Few Bright Spots In UiPath Inc (NYSE: PATH)

UiPath Inc (NYSE:PATH) currently has a daily average trading volume of 8.62M but it saw 8197898 shares traded in last market. With a market cap of 7.34B USD, the company’s current market price of $13.35 came falling about -0.15 while comparing to the previous closing price of $13.37. 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 $13.17 while lowest mark touched by it was $13.535.

Taking a look at 20-day trading activity of UiPath Inc (PATH) gives us an average price of $13.15, while its current price level is -52.10% below from 52-week high level whereas it is 28.74% 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 $13.55 while that of 200 days or SMA-200 reads an average of $14.15. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.91% during that period while stretching the period over a month that increases to 3.87%. 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 49.85 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 -0.60% down while it is -4.71% when we observe its performance for the past one month. Year-to-date it is 5.04% up and over the past year, the stock is showing a downside performance of -39.57%.

Currently, UiPath Inc’s total number of outstanding shares is 467.21M with 7.00% of that held by the insiders while 65.11% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -5.06% and return on equity (ROE) at -4.96%. It has a 25.91 of forward P/E ratio. Stock’s beta reads 0.96. Stock has a price to book (P/B) ratio of 4.24 while price to sale or P/S ratio amounts to 5.20. Its return on asset (ROA) is -3.36% on average.