BEST Inc. (NYSE:BEST) traded on Tuesday with an addition of $0.16 to $1.76, an upside of 10.00 percent. An average of 2,426,983 shares of common stock have been traded in the last five days. There was a fall of -$0.0100 in the past week. The last 20 days have seen an average of 7,174,106 shares traded, while the 50-day average volume stands at 5,233,660.
BEST stock has increased by 17.65% in the last month. The company shares reached their 1-month lowest point of $1.2300 on 09/16/21. With the stock rallying to its 52-week high on 02/08/21, shares of the company touched a low of $0.93 and a high of $3.66 in 52 weeks. In spite of this, the price is down -51.91% from the 52-week high.
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BEST Inc. (BEST) has a trailing price-to-earnings (P/E) ratio of 17.23 for the broader industry and 28.44 for the sector. This means investors are optimistic about the stock’s future prospects. The stock’s beta is 0.38. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.13, the price-to-book (PB) ratio at 5.52.
The quick ratio of BEST Inc. for the three months ended June 29 was 0.70, and the current ratio was 0.70, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 3.35 and a total debt to equity ratio of 6.92 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is -1.10% against a 5-year average of 1.4%. BEST Inc.’s EBITDA margin for the year ending June 29 is -3.93%. Its gross profit as reported stood at $36.49 million compared to revenue of $4.6 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. BEST Inc.’s return on assets was -32.2% over the last five years. In the past year, the return on investment has been -23.60%, and the 5-year average is. For the broader industry, ROE averaged 5.78 over the past year.
From a technical analysis perspective, let’s take a brief look at BEST Inc. (BEST) price momentum. RSI 9-day as of the close on 04 October was 60.03%, suggesting the stock is Neutral, with historical volatility in this time frame at 93.61%.
As of today, BEST’s price is $1.6640 -0.57% or -$0.0100 from its 5-day moving average. BEST is currently trading +22.70% higher than its 20-day SMA and +51.75% higher than its 100-day SMA. However, the stock’s current price level is +66.35% above the SMA50 and -15.61% below the SMA200.
The stochastic %K and %D were 61.62% and 60.52%, respectively, and the average true range (ATR) was 0.1511. With the 14-day stochastic at 70.55% and the average true range at 0.1448, the RSI (14) stands at 60.68%. The stock has reached -0.0756 on the 9-day MACD Oscillator while the 14-day reading was at 0.0110.
Goldman downgraded BEST Inc. (NYSE: BEST) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a a Buy.The consensus rating for BEST Inc. (BEST) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell BEST, while 2 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.
What is BEST’s price target for the next 12 months?
Analysts predict a range of price targets between $6.46 and $7.13, with a median target of $6.80. Taking a look at these predictions, the average price target given by analysts for BEST Inc. (BEST) stock is $6.80.