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Is There a Dimmer Outlook Ahead for Sirius XM Holdings Inc. (SIRI)?

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Sirius XM Holdings Inc. (NASDAQ:SIRI) went up by 0.16% from its latest closing price compared to the recent 1-year high of $8.14. The company’s stock price has collected -2.36% of loss in the last five trading sessions. Press Release reported on 01/03/22 that SiriusXM Launching ‘David Bowie Channel’ Celebrating Artist’s Life and Music

Is It Worth Investing in Sirius XM Holdings Inc. (NASDAQ :SIRI) Right Now?

Sirius XM Holdings Inc. (NASDAQ:SIRI) scored a price-to-earnings ratio above its average ratio, recording 77.50 x from its present earnings ratio. Plus, the 36-month beta value for SIRI is at 1.00.


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The average price from analysts is $7.41, which is $1.16 above the current price. SIRI currently public float of 755.27M and currently shorts hold a 22.61% ratio of that float. Today, the average trading volume of SIRI was 17.11M shares.

SIRI’s Market Performance

SIRI stocks went down by -2.36% for the week, with a monthly drop of -0.16% and a quarterly performance of 2.31%, while its annual performance rate touched 4.91%. The volatility ratio for the week stands at 2.14% while the volatility levels for the past 30 days are set at 1.77% for Sirius XM Holdings Inc.. The simple moving average for the period of the last 20 days is -2.03% for SIRI stocks with a simple moving average of -1.06% for the last 200 days.

Analysts’ Opinion of SIRI

Many brokerage firms have already submitted their reports for SIRI stocks, with Wells Fargo repeating the rating for SIRI by listing it as a “Equal Weight.” The predicted price for SIRI in the upcoming period, according to Wells Fargo is $7 based on the research report published on January 04th of the current year 2022.

Barclays, on the other hand, stated in their research note that they expect to see SIRI reach a price target of $6. The rating they have provided for SIRI stocks is “Underweight” according to the report published on November 19th, 2021.

JP Morgan gave a rating of “Neutral” to SIRI, setting the target price at $7 in the report published on October 08th of the previous year.

SIRI Trading at -1.80% from the 50-Day Moving Average

After a stumble in the market that brought SIRI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.83% of loss for the given period.

Volatility was left at 1.77%, however, over the last 30 days, the volatility rate increased by 2.14%, as shares surge +0.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.03% upper at present.

During the last 5 trading sessions, SIRI fell by -2.36%, which changed the moving average for the period of 200-days by +0.81% in comparison to the 20-day moving average, which settled at $6.33. In addition, Sirius XM Holdings Inc. saw -2.36% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SIRI starting from MEYER JAMES E, who sale 698,643 shares at the price of $6.43 back on Nov 11. After this action, MEYER JAMES E now owns 4,892,974 shares of Sirius XM Holdings Inc., valued at $4,490,179 using the latest closing price.

Greenstein Scott Andrew, the Pres. & Chief Content Officer of Sirius XM Holdings Inc., sale 214,948 shares at $6.62 during a trade that took place back on Jul 28, which means that Greenstein Scott Andrew is holding 2,218,605 shares at $1,422,956 based on the most recent closing price.

Stock Fundamentals for SIRI

Equity return is now at value -12.80, with 3.10 for asset returns.

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