The Duckhorn Portfolio Inc. (NYSE:NAPA) went up by 12.24% from its latest closing price compared to the recent 1-year high of $24.55. The company’s stock price has collected 12.41% of gains in the last five trading sessions. Press Release reported on 06/09/21 that The Duckhorn Portfolio to Attend June Investor Conferences
Is It Worth Investing in The Duckhorn Portfolio Inc. (NYSE :NAPA) Right Now?
The Duckhorn Portfolio Inc. (NYSE:NAPA) scored a price-to-earnings ratio above its average ratio, recording 72.36 x from its present earnings ratio.
NAPA currently public float of 32.45M and currently shorts hold a 5.73% ratio of that float. Today, the average trading volume of NAPA was 418.12K shares.
NAPA’s Market Performance
NAPA stocks went up by 12.41% for the week, with a monthly drop of -5.63% and a quarterly performance of 23.43%. The volatility ratio for the week stands at 6.12% while the volatility levels for the past 30 days are set at 4.77% for The Duckhorn Portfolio Inc.. The simple moving average for the period of the last 20 days is 5.78% for NAPA stocks with a simple moving average of 16.35% for the last 200 days.
Analysts’ Opinion of NAPA
Many brokerage firms have already submitted their reports for NAPA stocks, with RBC Capital Mkts repeating the rating for NAPA by listing it as a “Sector Perform.” The predicted price for NAPA in the upcoming period, according to RBC Capital Mkts is $19 based on the research report published on April 12th of the current year 2021.
JP Morgan, on the other hand, stated in their research note that they expect to see NAPA reach a price target of $20. The rating they have provided for NAPA stocks is “Overweight” according to the report published on April 12th, 2021.
Jefferies gave a rating of “Buy” to NAPA, setting the target price at $22 in the report published on April 12th of the current year.
NAPA Trading at 11.18% from the 50-Day Moving Average
After a stumble in the market that brought NAPA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.74% of loss for the given period.
Volatility was left at 4.77%, however, over the last 30 days, the volatility rate increased by 6.12%, as shares sank -4.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.11% upper at present.
During the last 5 trading sessions, NAPA rose by +12.41%, in comparison to the 20-day moving average, which settled at $21.36. In addition, The Duckhorn Portfolio Inc. saw 31.84% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at NAPA starting from Mallard Holdco, LLC, who sale 9,666,667 shares at the price of $14.06 back on Mar 22. After this action, Mallard Holdco, LLC now owns 86,432,303 shares of The Duckhorn Portfolio Inc., valued at $135,913,338 using the latest closing price.