With 440.75M Outstanding Shares, Can ChargePoint Holdings Inc (NYSE: CHPT) Deliver Big Short-Term Gains?

ChargePoint Holdings Inc (NYSE:CHPT) currently has a daily average trading volume of 16.65M but it saw 13511486 shares traded in last market. With a market cap of 486.57M USD, the company’s current market price of $1.10 came falling about -0.90 while comparing to the previous closing price of $1.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.44 and as low as $1.02. In the recent trading on the day, stock has struck highest price mark of $1.08 while lowest mark touched by it was $1.12.

Taking a look at 20-day trading activity of ChargePoint Holdings Inc (CHPT) gives us an average price of $1.1360, while its current price level is -54.92% below from 52-week high level whereas it is 7.84% 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 $1.1758 while that of 200 days or SMA-200 reads an average of $1.5122. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.94% during that period while stretching the period over a month that increases to 7.37%. 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 45.77 which implies that the stock is in neutral territory.

Over the week, CHPT’s stock price is moving -1.79% down while it is -4.35% when we observe its performance for the past one month. Year-to-date it is 2.80% up and over the past year, the stock is showing a downside performance of -38.89%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of -0.08 while estimate for next year EPS is -0.38. In next quarter, company is expected to be making quarterly sales of $102.06M as analysts are expecting the sales for current fiscal year at $415.85M and seeing the company making $497.86M in sales next year. Moreover, analysts are in estimates of $100.92M for current-quarter revenue.

Currently, ChargePoint Holdings Inc’s total number of outstanding shares is 440.75M with 1.89% of that held by the insiders while 50.38% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -63.05% and return on equity (ROE) at -109.15%. Stock’s beta reads 1.70. Stock has a price to book (P/B) ratio of 2.68 while price to sale or P/S ratio amounts to 1.13. Its return on asset (ROA) is -29.06% on average.