Timken Co (NYSE:TKR) currently has a daily average trading volume of 604.19K but it saw 1256436 shares traded in last market. With a market cap of 5.72B USD, the company’s current market price of $81.64 came rising about 3.46 while comparing to the previous closing price of $78.91. In past 52 weeks, the stock remained buoying in the range of price level as high as $94.71 and as low as $69.35. In the recent trading on the day, stock has struck highest price mark of $79.76 while lowest mark touched by it was $82.51.
Taking a look at 20-day trading activity of Timken Co (TKR) gives us an average price of $76.86, while its current price level is -13.80% below from 52-week high level whereas it is 17.73% 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 $75.51 while that of 200 days or SMA-200 reads an average of $81.36. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.68% during that period while stretching the period over a month that decreases to 2.59%. 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 65.66 which implies that the stock is in neutral territory.
Morgan Stanley upgraded its recommendation for the stock as a “Overweight” from “Equal-Weight” on December 17, 2024 while assigning a price target range of $82-$93. Citigroup also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $85 and $90.
Over the week, TKR’s stock price is moving 5.71% up while it is 14.12% when we observe its performance for the past one month. Year-to-date it is 14.39% up and over the past year, the stock is showing a downside performance of -4.98%.
Currently, Timken Co’s total number of outstanding shares is 70.12M. Company’s return on investment (ROI) stands at 6.54% and return on equity (ROE) at 12.57%. It has a price to earnings ratio (P/E ratio) of 17.00 while having a 11.80 of forward P/E ratio. Stock’s beta reads 1.38. Stock has a price to book (P/B) ratio of 1.95 while price to sale or P/S ratio amounts to 1.25. Its return on asset (ROA) is 5.23% on average.
