UiPath Inc (PATH) Stock: A Closer Look at the Moving Averages

In the past week, PATH stock has gone up by 4.22%, with a monthly decline of -1.99% and a quarterly plunge of -41.31%. The volatility ratio for the week is 2.96%, and the volatility levels for the last 30 days are 3.59% for UiPath Inc The simple moving average for the last 20 days is 1.28% for PATH’s stock, with a simple moving average of -37.97% for the last 200 days.

Is It Worth Investing in UiPath Inc (NYSE: PATH) Right Now?

PATH has 36-month beta value of 0.86. Analysts have mixed views on the stock, 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 PATH is 438.41M, and currently, short sellers hold a 8.18% ratio of that float. The average trading volume of PATH on August 19, 2024 was 12.29M shares.

PATH) stock’s latest price update

UiPath Inc (NYSE: PATH)’s stock price has gone rise by 0.51 in comparison to its previous close of 11.79, however, the company has experienced a 4.22% increase in its stock price over the last five trading days. accesswire.com reported 2024-08-18 that NEW YORK, NY / ACCESSWIRE / August 18, 2024 / If you suffered a loss on your UiPath, Inc. (NYSE:PATH) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/uipath-lawsuit-submission-form-2?prid=96319&wire=1 or contact Joseph E. Levi, Esq.

Analysts’ Opinion of PATH

Many brokerage firms have already submitted their reports for PATH stocks, with Macquarie repeating the rating for PATH by listing it as a “Neutral.” The predicted price for PATH in the upcoming period, according to Macquarie is $12 based on the research report published on June 03, 2024 of the current year 2024.

Truist gave a rating of “Hold” to PATH, setting the target price at $14 in the report published on May 30th of the current year.

PATH Trading at -1.26% 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 -57.48% of loss for the given period.

Volatility was left at 3.59%, however, over the last 30 days, the volatility rate increased by 2.96%, as shares sank -1.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.17% lower at present.

During the last 5 trading sessions, PATH rose by +4.22%, which changed the moving average for the period of 200-days by -21.42% in comparison to the 20-day moving average, which settled at $11.69. In addition, UiPath Inc saw -52.29% 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 $19.79 back on May 06 ’24. After this action, Gupta Ashim now owns 946,848 shares of UiPath Inc, valued at $791,504 using the latest closing price.

Gupta Ashim, the Chief Financial Officer of UiPath Inc, sale 16,000 shares at $19.79 during a trade that took place back on May 06 ’24, which means that Gupta Ashim is holding 55,505 shares at $316,589 based on the most recent closing price.

Stock Fundamentals for PATH

Current profitability levels for the company are sitting at:

  • -0.12 for the present operating margin
  • 0.85 for the gross margin

The net margin for UiPath Inc stands at -0.06. The total capital return value is set at -0.07. Equity return is now at value -4.35, 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 4.67. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is -9.25.

Currently, EBITDA for the company is -139.5 million with net debt to EBITDA at 7.78. When we switch over and look at the enterprise to sales, we see a ratio of 4.21. The receivables turnover for the company is 3.77for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.00.

Conclusion

To put it simply, UiPath Inc (PATH) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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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