Trading Update: Stem Inc (STEM) Stock Endures 9.71% Monthly Volatility

The stock of Stem Inc (STEM) has gone up by 0.95% for the week, with a -22.13% drop in the past month and a -48.22% drop in the past quarter. The volatility ratio for the week is 10.01%, and the volatility levels for the past 30 days are 9.71% for STEM. The simple moving average for the last 20 days is -1.69% for STEM stock, with a simple moving average of -50.76% for the last 200 days.

Is It Worth Investing in Stem Inc (NYSE: STEM) Right Now?

The stock has a 36-month beta value of 1.89. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for STEM is 145.28M, and at present, short sellers hold a 26.80% of that float. On April 02, 2024, the average trading volume of STEM was 4.98M shares.

STEM) stock’s latest price update

Stem Inc (NYSE: STEM) has seen a decline in its stock price by -4.79 in relation to its previous close of 2.11. However, the company has experienced a 0.95% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-03-31 that March remained a solid stock season, and all signs point to continued strength if you’re looking for stocks to buy in April. Though inflation seems mildly stickier than previously planned, most expect the planned rate cuts to go into effect later this year, creating continued market momentum that’s surprisingly hard to shake.

Analysts’ Opinion of STEM

Many brokerage firms have already submitted their reports for STEM stocks, with Goldman repeating the rating for STEM by listing it as a “Neutral.” The predicted price for STEM in the upcoming period, according to Goldman is $2.50 based on the research report published on March 22, 2024 of the current year 2024.

TD Cowen, on the other hand, stated in their research note that they expect to see STEM reach a price target of $5, previously predicting the price at $7. The rating they have provided for STEM stocks is “Outperform” according to the report published on February 29th, 2024.

STEM Trading at -23.44% from the 50-Day Moving Average

After a stumble in the market that brought STEM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -74.19% of loss for the given period.

Volatility was left at 9.71%, however, over the last 30 days, the volatility rate increased by 10.01%, as shares sank -20.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -28.83% lower at present.

During the last 5 trading sessions, STEM rose by +0.50%, which changed the moving average for the period of 200-days by -67.37% in comparison to the 20-day moving average, which settled at $2.02. In addition, Stem Inc saw -48.22% 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 STEM starting from Schaefer Robert, who sale 100,000 shares at the price of $1.82 back on Mar 19 ’24. After this action, Schaefer Robert now owns 716,110 shares of Stem Inc, valued at $182,000 using the latest closing price.

Tappin Matthew, the President, Asset Management of Stem Inc, sale 26,640 shares at $1.82 during a trade that took place back on Mar 19 ’24, which means that Tappin Matthew is holding 15,248 shares at $48,485 based on the most recent closing price.

Stock Fundamentals for STEM

Current profitability levels for the company are sitting at:

  • -0.37 for the present operating margin
  • 0.02 for the gross margin

The net margin for Stem Inc stands at -0.3. The total capital return value is set at -0.15. Equity return is now at value -28.72, with -10.11 for asset returns.

Based on Stem Inc (STEM), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at -0.38. The debt to equity ratio resting at 1.27. The interest coverage ratio of the stock is -11.31.

Currently, EBITDA for the company is -120.73 million with net debt to EBITDA at -3.82. When we switch over and look at the enterprise to sales, we see a ratio of 1.76. The receivables turnover for the company is 1.52for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.80.

Conclusion

To sum up, Stem Inc (STEM) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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