Karman Holdings Inc (NYSE:KRMN) does about 934.92K shares in volume on a normal day but saw 1652014 shares change hands in the recent trading day. The company now has a market cap of 5.94B USD. Its current market price is $44.91, marking a decrease of -10.84% compared to the previous close of $50.37. The 52 week high reached by this stock is $51.83 whilst the lowest price level in 52 weeks is $25.02. The script in recent trading has seen the stock touch a high of $50 and a low of $35.
Karman Holdings Inc (KRMN) has a 20-day trading average at $46.94 and the current price is -13.35% off the 52-week high compared with 79.46% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 5.28%, which decreases to 4.93% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 46.77 to suggest the stock is neutral.
The consensus objective for the share price is $49.25, suggesting that the stock has a potential upside of 8.81% over the period. The median price target is -5.67% away from the current levels at $42.5.
RBC Capital Mkts initiated its price target at $35.
The current price level is -4.32%, 5.51%, and 19.43% away from its SMA20, SMA50, and SMA200 respectively, with the KRMN price moving above the 50-day SMA on current market day. Karman Holdings Inc (KRMN) stock is down -6.98% over the week and 4.78% over the past month. Its price is 49.45% over the past year.
Its 12-month price target is $42.5. To reach the target analysts have set, the stock logically needs to grow 8.81 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $35, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $50.
Outstanding shares total 132.17M with insiders holding 64.56% of the shares and institutional holders owning 25.02% of the company’s common stock. The forward price to earnings ratio is 74.28. Price to book ratio is 17.01.
