E2open Parent Holdings Inc. (NYSE:ETWO) went up by 3.42% from its latest closing price compared to the recent 1-year high of $9.84. The company’s stock price has collected 10.65% of gains in the last five trading sessions. The Wall Street Journal reported on 01/12/22 that Biogen, PayPal, Block, Ally Financial: What to Watch in the Stock Market Today
Is It Worth Investing in E2open Parent Holdings Inc. (NYSE :ETWO) Right Now?
Opinions of the stock are interesting as 4 analysts out of 7 who provided ratings for E2open Parent Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 1 as “sell.”
ETWO currently public float of 238.02M and currently shorts hold a 6.64% ratio of that float. Today, the average trading volume of ETWO was 1.51M shares.
ETWO’s Market Performance
ETWO stocks went up by 10.65% for the week, with a monthly jump of 14.85% and a quarterly performance of 30.39%, while its annual performance rate touched -19.39%. The volatility ratio for the week stands at 4.10% while the volatility levels for the past 30 days are set at 4.31% for E2open Parent Holdings Inc. The simple moving average for the period of the last 20 days is 12.80% for ETWO stocks with a simple moving average of -2.46% for the last 200 days.
Analysts’ Opinion of ETWO
Goldman, on the other hand, stated in their research note that they expect to see ETWO reach a price target of $5.50. The rating they have provided for ETWO stocks is “Neutral” according to the report published on October 21st, 2022.
Credit Suisse gave a rating of “Underperform” to ETWO, setting the target price at $5.50 in the report published on September 23rd of the previous year.
ETWO Trading at 14.27% from the 50-Day Moving Average
After a stumble in the market that brought ETWO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.42% of loss for the given period.
Volatility was left at 4.31%, however, over the last 30 days, the volatility rate increased by 4.10%, as shares surge +16.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.60% upper at present.
During the last 5 trading sessions, ETWO rose by +10.65%, which changed the moving average for the period of 200-days by -18.80% in comparison to the 20-day moving average, which settled at $5.94. In addition, E2open Parent Holdings Inc. saw 13.29% 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 ETWO starting from Farlekas Michael, who sale 13,000 shares at the price of $5.79 back on Jan 05. After this action, Farlekas Michael now owns 256,478 shares of E2open Parent Holdings Inc., valued at $75,241 using the latest closing price.
Neuberger Berman Group LLC, the 10% Owner of E2open Parent Holdings Inc., sale 40,000 shares at $5.86 during a trade that took place back on Dec 30, which means that Neuberger Berman Group LLC is holding 567,713 shares at $234,268 based on the most recent closing price.
Stock Fundamentals for ETWO
Equity return is now at value -10.80, with -6.20 for asset returns.