Netscout Systems Inc (NASDAQ:NTCT) currently has a daily average trading volume of 462.38K but it saw 488538 shares traded in last market. With a market cap of 1.70B USD, the company’s current market price of $23.86 came rising about 0.72 while comparing to the previous closing price of $23.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $27.89 and as low as $17.67.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Piper Sandler which upgraded the stock as “Neutral” in its note to investors issued on May 05, 2023, recommending a price target of $30 for it. Piper Sandler downgraded its recommendation for the stock as a “Underweight” from “Neutral” on May 31, 2022 while assigning a price target range of $35-$33. Lake Street issued its recommendations for the stock as it downgraded the price target for the stock is $26.
Over the week, NTCT’s stock price is moving 0.42% up while it is 1.27% when we observe its performance for the past one month. Year-to-date it is 10.16% up and over the past year, the stock is showing an upside performance of 35.18%.
Currently, Netscout Systems Inc’s total number of outstanding shares is 72.06M. Company’s return on investment (ROI) stands at -23.03% and return on equity (ROE) at -21.26%. It has a 9.96 of forward P/E ratio. Stock’s beta reads 0.64. Stock has a price to book (P/B) ratio of 1.10 while price to sale or P/S ratio amounts to 2.07. Its return on asset (ROA) is -15.35% on average.
