UiPath Inc. (NYSE:PATH) finished Thursday with an addition of $0.61 to close at $12.69, an upside of 5.05 percent. An average of 4,970,880 shares of common stock have been traded in the last five days. There was a fall of -$0.33 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 6,570,095 shares traded, while the 50-day average volume stands at 6,265,852.
PATH stock has increased by 7.82% in the last month. The company shares reached their 1-month lowest point of $11.43 on 11/30/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $10.40 and a high of $44.98 in 52 weeks. It has reached a new high 1 time so far this year and lost -70.58% or -$30.44 in price. In spite of this, the price is down -71.79% from the 52-week high.
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PATH stock investors should be aware that UiPath Inc. (PATH) stock had its last reported insider trading activity 25 days ago on Dec 05. In this transaction, the insider spent $30,345. Chief Financial Officer, Gupta Ashim, disposed of 10,000 shares at a price of $13.50 on Dec 05. The insider now owns more than $135,048 worth of shares. Prior to that, Chief Financial Officer Gupta Ashim went on to Sale 10,000 shares at $13.50 each on Dec 05. An amount of $135,037 was transacted.
UiPath Inc. (PATH) has a trailing price-to-sales (P/S) ratio at 6.83, the price-to-book (PB) ratio at 3.75.
The quick ratio of UiPath Inc. for the three months ended July 30 was 4.50, and the current ratio was 4.50, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending July 30. Its gross profit as reported stood at $723.38 million compared to revenue of $892.25 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, UiPath Inc.’s return on assets was -14.60%.
For the three-month period that ended July 30, UiPath Inc. had $225.61 million in cash. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$57.72 million in the quarter, while revenues were shrunk -112.73%. The analyst consensus anticipated UiPath Inc.’s latest quarter earnings to come in at -$0.11 per share, but it turned out to be -$0.02, a 81.80% surprise. For the quarter, EBITDA amounted to -$42.36 million. Shareholders own equity worth $552.84 million.
From a technical analysis perspective, let’s take a brief look at UiPath Inc. (PATH) price momentum. RSI 9-day as of the close on 29 December was 52.70%, suggesting the stock is Neutral, with historical volatility in this time frame at 47.65%.
As of today, PATH’s price is $12.22 -2.53% or -$0.33 from its 5-day moving average. PATH is currently trading +1.76% higher than its 20-day SMA and -42.16% lower than its 100-day SMA. However, the stock’s current price level is +3.51% above the SMA50 and -49.02% below the SMA200.
The stochastic %K and %D were 21.96% and 15.51%, respectively, and the average true range (ATR) was 0.68. With the 14-day stochastic at 37.16% and the average true range at 0.73, the RSI (14) stands at 51.34%. The stock has reached -0.19 on the 9-day MACD Oscillator while the 14-day reading was at -0.41.
Oppenheimer downgraded UiPath Inc. (NYSE: PATH) to a a Perform rating in its most recent analyst report. Previously, the stock was rated as an Outperform.