The stock of UiPath Inc (PATH) has seen a -0.13% decrease in the past week, with a -6.95% drop in the past month, and a -12.33% decrease in the past quarter. The volatility ratio for the week is 3.62%, and the volatility levels for the past 30 days are at 3.02% for PATH. The simple moving average for the past 20 days is -0.44% for PATH’s stock, with a -1.33% simple moving average for the past 200 days.
Is It Worth Investing in UiPath Inc (NYSE: PATH) Right Now?
The stock has a 36-month beta value of 1.01. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for PATH is 432.37M, and at present, short sellers hold a 3.85% of that float. On May 06, 2024, the average trading volume of PATH was 8.49M shares.
PATH) stock’s latest price update
The stock of UiPath Inc (NYSE: PATH) has increased by 1.31 when compared to last closing price of 19.48.Despite this, the company has seen a loss of -0.13% in its stock price over the last five trading days. The Motley Fool reported 2024-05-05 that SoundHound AI’s value has taken off this year as investors learned of Nvidia’s stake in the business. Baidu’s potential vulnerability to the Chinese government is likely a key reason the stock remains deeply undervalued.
Analysts’ Opinion of PATH
Many brokerage firms have already submitted their reports for PATH stocks, with KeyBanc Capital Markets repeating the rating for PATH by listing it as a “Overweight.” The predicted price for PATH in the upcoming period, according to KeyBanc Capital Markets is $27 based on the research report published on April 08, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see PATH reach a price target of $28, previously predicting the price at $22. The rating they have provided for PATH stocks is “Overweight” according to the report published on March 14th, 2024.
Needham gave a rating of “Buy” to PATH, setting the target price at $30 in the report published on March 14th of the current year.
PATH Trading at -9.34% from the 50-Day Moving Average
After a stumble in the market that brought PATH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.19% of loss for the given period.
Volatility was left at 3.02%, however, over the last 30 days, the volatility rate increased by 3.62%, as shares sank -8.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.25% lower at present.
During the last 5 trading sessions, PATH rose by +0.06%, which changed the moving average for the period of 200-days by +13.76% in comparison to the 20-day moving average, which settled at $19.73. In addition, UiPath Inc saw -20.55% 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 PATH starting from Gupta Ashim, who sale 40,000 shares at the price of $21.66 back on Apr 04 ’24. After this action, Gupta Ashim now owns 660,762 shares of UiPath Inc, valued at $866,268 using the latest closing price.
Gupta Ashim, the Chief Financial Officer of UiPath Inc, sale 16,000 shares at $21.66 during a trade that took place back on Apr 04 ’24, which means that Gupta Ashim is holding 71,505 shares at $346,510 based on the most recent closing price.
Stock Fundamentals for PATH
Current profitability levels for the company are sitting at:
- -0.13 for the present operating margin
- 0.85 for the gross margin
The net margin for UiPath Inc stands at -0.07. The total capital return value is set at -0.07. Equity return is now at value -4.57, with -3.16 for asset returns.
Based on UiPath Inc (PATH), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 4.46. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is 9.08.
Currently, EBITDA for the company is -139.5 million with net debt to EBITDA at 7.51. When we switch over and look at the enterprise to sales, we see a ratio of 7.79. The receivables turnover for the company is 2.5for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.52.
Conclusion
To sum up, UiPath Inc (PATH) 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.
