Moreover, the 36-month beta value for SYM is 1.77. Analysts have varying opinions on the stock, with 7 analysts rating it as a “buy,” 2 as “overweight,” 7 as “hold,” and 1 as “sell.”
The public float for SYM is 40.99M and currently, short sellers hold a 37.83% of that float. On January 07, 2025, SYM’s average trading volume was 2.42M shares.
SYM) stock’s latest price update
The stock of Symbotic Inc (NASDAQ: SYM) has decreased by -1.16 when compared to last closing price of 26.70. Despite this, the company has experienced a 8.33% gain in its stock price over the last five trading sessions. accesswire.com reported 2025-01-07 that LOS ANGELES, CA / ACCESSWIRE / January 7, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Symbotic Inc. (“Symbotic” or “the Company”) (NASDAQ:SYM) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company’s securities between February 8, 2024 and November 26, 2024, inclusive (the “Class Period”), are encouraged to contact the firm before February 3, 2025.
SYM’s Market Performance
Symbotic Inc (SYM) has experienced a 8.33% rise in stock performance for the past week, with a -5.45% drop in the past month, and a 11.26% rise in the past quarter. The volatility ratio for the week is 6.34%, and the volatility levels for the past 30 days are at 7.11% for SYM. The simple moving average for the last 20 days is 3.52% for SYM stock, with a simple moving average of -18.08% for the last 200 days.
Analysts’ Opinion of SYM
DA Davidson, on the other hand, stated in their research note that they expect to see SYM reach a price target of $35, previously predicting the price at $50. The rating they have provided for SYM stocks is “Neutral” according to the report published on November 27th, 2024.
Craig Hallum gave a rating of “Hold” to SYM, setting the target price at $25 in the report published on November 27th of the previous year.
SYM Trading at -8.20% from the 50-Day Moving Average
After a stumble in the market that brought SYM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.44% of loss for the given period.
Volatility was left at 7.11%, however, over the last 30 days, the volatility rate increased by 6.34%, as shares sank -5.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.49% lower at present.
During the last 5 trading sessions, SYM rose by +8.54%, which changed the moving average for the period of 200-days by -45.35% in comparison to the 20-day moving average, which settled at $25.50. In addition, Symbotic Inc saw 11.30% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SYM starting from KRASNOW TODD, who sale 2,000 shares at the price of $24.04 back on Jan 02 ’25. After this action, KRASNOW TODD now owns 0 shares of Symbotic Inc, valued at $48,084 using the latest closing price.
Dunn Michael David, the of Symbotic Inc, sale 5,365 shares at $24.60 during a trade that took place back on Jan 03 ’25, which means that Dunn Michael David is holding 31,860 shares at $131,963 based on the most recent closing price.
Stock Fundamentals for SYM
Current profitability levels for the company are sitting at:
- -0.04 for the present operating margin
- 0.16 for the gross margin
The net margin for Symbotic Inc stands at 0.01. The total capital return value is set at -0.12. Equity return is now at value -11.49, with -0.86 for asset returns.
Currently, EBITDA for the company is -93.25 million with net debt to EBITDA at 7.54. When we switch over and look at the enterprise to sales, we see a ratio of 7.84. The receivables turnover for the company is 4.43for trailing twelve months and the total asset turnover is 1.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.33.
Conclusion
To wrap up, the performance of Symbotic Inc (SYM) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
