Meta Platforms Inc (NASDAQ:META) currently has a daily average trading volume of 14.47M but it saw 11393783 shares traded in last market. With a market cap of 1842.32B USD, the company’s current market price of $732.78 came rising about 1.68 while comparing to the previous closing price of $720.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $747.90 and as low as $442.65. In the recent trading on the day, stock has struck highest price mark of $722.715 while lowest mark touched by it was $737.53.
Citigroup issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $690 and $803.
Over the week, META’s stock price is moving 1.89% up while it is 5.03% when we observe its performance for the past one month. Year-to-date it is 35.72% up and over the past year, the stock is showing an upside performance of 25.15%.
Currently, Meta Platforms Inc’s total number of outstanding shares is 2.18B with 0.07% of that held by the insiders while 80.01% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 28.65% and return on equity (ROE) at 39.83%. It has a price to earnings ratio (P/E ratio) of 28.58 while having a 25.84 of forward P/E ratio. Stock’s beta reads 1.28. Stock has a price to book (P/B) ratio of 9.99 while price to sale or P/S ratio amounts to 10.81. Its return on asset (ROA) is 26.49% on average.
