Metromile Inc. (NASDAQ:MILE) went down by -7.80% from its latest closing price compared to the recent 1-year high of $20.39. The company’s stock price has collected -12.64% of loss in the last five trading sessions. Press Release reported on 03/30/21 that Metromile Announces Fourth Quarter and Full Year 2020 Results
Is It Worth Investing in Metromile Inc. (NASDAQ :MILE) Right Now?
Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Metromile Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
Today, the average trading volume of MILE was 1.68M shares.
MILE’s Market Performance
MILE stocks went down by -12.64% for the week, with a monthly jump of 3.70% and a quarterly performance of -31.16%. The volatility ratio for the week stands at 8.83% while the volatility levels for the past 30 days are set at 9.12% for Metromile Inc.. The simple moving average for the period of the last 20 days is -20.56% for MILE stocks with a simple moving average of -32.61% for the last 200 days.
Analysts’ Opinion of MILE
Many brokerage firms have already submitted their reports for MILE stocks, with Piper Sandler repeating the rating for MILE by listing it as a “Overweight.” The predicted price for MILE in the upcoming period, according to Piper Sandler is $15 based on the research report published on April 06th of the current year 2021.
MILE Trading at -33.11% from the 50-Day Moving Average
After a stumble in the market that brought MILE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -51.89% of loss for the given period.
Volatility was left at 9.12%, however, over the last 30 days, the volatility rate increased by 8.83%, as shares sank -7.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.82% lower at present.
During the last 5 trading sessions, MILE fell by -12.64%, in comparison to the 20-day moving average, which settled at $12.31. In addition, Metromile Inc. saw -36.91% in overturn over a single year, with a tendency to cut further losses.