Elastic N.V (NYSE:ESTC) currently has a daily average trading volume of 1.79M but it saw 2116066 shares traded in last market. With a market cap of 9.71B USD, the company’s current market price of $93.00 came rising about 2.59 while comparing to the previous closing price of $90.65. In past 52 weeks, the stock remained buoying in the range of price level as high as $123.96 and as low as $69.00.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Cantor Fitzgerald which initiated the stock as “Neutral” in its note to investors issued on January 17, 2025, recommending a price target of $108 for it. Wedbush issued its recommendations for the stock as it upgraded the price target for the stock is $135.
Over the week, ESTC’s stock price is moving 0.88% up while it is 19.94% when we observe its performance for the past one month. Year-to-date it is -6.14% down and over the past year, the stock is showing a downside performance of -15.96%.
Currently, Elastic N.V’s total number of outstanding shares is 104.41M with 13.11% of that held by the insiders while 93.53% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -9.24% and return on equity (ROE) at -16.95%. It has a 44.59 of forward P/E ratio. Stock’s beta reads 1.12. Stock has a price to book (P/B) ratio of 11.30 while price to sale or P/S ratio amounts to 6.79. Its return on asset (ROA) is -6.05% on average.
