The stock of ChargePoint Holdings Inc (CHPT) has gone up by 3.09% for the week, with a -22.39% drop in the past month and a -21.48% drop in the past quarter. The volatility ratio for the week is 7.74%, and the volatility levels for the past 30 days are 7.06% for CHPT. The simple moving average for the last 20 days is -19.20% for CHPT stock, with a simple moving average of -27.44% for the last 200 days.
Is It Worth Investing in ChargePoint Holdings Inc (NYSE: CHPT) Right Now?
The stock has a 36-month beta value of 1.73. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 1 as “overweight,” 14 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for CHPT is 392.36M, and at present, short sellers hold a 26.98% of that float. On September 13, 2024, the average trading volume of CHPT was 14.34M shares.
CHPT) stock’s latest price update
ChargePoint Holdings Inc (NYSE: CHPT) has seen a rise in its stock price by 2.31 in relation to its previous close of 1.32. However, the company has experienced a 3.09% gain in its stock price over the last five trading sessions. fool.com reported 2024-09-13 that ChargePoint is adjusting to the reality of a smaller-than-forecasted EV market.
Analysts’ Opinion of CHPT
TD Cowen, on the other hand, stated in their research note that they expect to see CHPT reach a price target of $2. The rating they have provided for CHPT stocks is “Hold” according to the report published on September 05th, 2024.
Goldman gave a rating of “Sell” to CHPT, setting the target price at $1.50 in the report published on April 09th of the current year.
CHPT Trading at -26.31% from the 50-Day Moving Average
After a stumble in the market that brought CHPT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -77.90% of loss for the given period.
Volatility was left at 7.06%, however, over the last 30 days, the volatility rate increased by 7.74%, as shares sank -22.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.87% lower at present.
During the last 5 trading sessions, CHPT rose by +3.82%, which changed the moving average for the period of 200-days by -30.66% in comparison to the 20-day moving average, which settled at $1.6510. In addition, ChargePoint Holdings Inc saw -42.29% 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 CHPT starting from Wilmer Richard, who sale 27,722 shares at the price of $1.40 back on Jun 21 ’24. After this action, Wilmer Richard now owns 2,331,740 shares of ChargePoint Holdings Inc, valued at $38,730 using the latest closing price.
Gerdes Henrik, the Chief Accounting Officer of ChargePoint Holdings Inc, sale 43,596 shares at $1.50 during a trade that took place back on Jun 20 ’24, which means that Gerdes Henrik is holding 438,004 shares at $65,612 based on the most recent closing price.
Stock Fundamentals for CHPT
Current profitability levels for the company are sitting at:
- -0.82 for the present operating margin
- 0.1 for the gross margin
The net margin for ChargePoint Holdings Inc stands at -0.89. The total capital return value is set at -0.53. Equity return is now at value -155.55, with -37.99 for asset returns.
Based on ChargePoint Holdings Inc (CHPT), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at -0.88. The debt to equity ratio resting at 1.24. The interest coverage ratio of the stock is -15.43.
Currently, EBITDA for the company is -421.47 million with net debt to EBITDA at -0.18. When we switch over and look at the enterprise to sales, we see a ratio of 1.46. The receivables turnover for the company is 3.96for 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 2.03.
Conclusion
To sum up, ChargePoint Holdings Inc (CHPT) 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.
