As of Thursday close, UiPath Inc.’s (NYSE:PATH) stock was down -$0.72, moving down -4.71 percent to $14.57. The average number of shares traded per day over the past five days has been 5,812,200 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.85 fall in that time frame. In the last twenty days, the average volume was 6,202,985, while in the previous 50 days, it was 8,402,908.
Since last month, PATH stock retreated -21.20%. Shares of the company fell to $14.27 on 08/17/23, the lowest level in the past month. A 52-week high of $20.40 was reached on 06/07/23 after having rallying from a 52-week low of $10.40. Since the beginning of this year, PATH’s stock price has risen by 14.63% or $1.86, and marked a new high 13 times. However, the stock has declined by -28.58% since its 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 3 days ago on Aug 15. Gupta Ashim, the Chief Financial Officer of the company, disposed of 40,000 shares for $15.52 on Aug 15. It resulted in a $620,932 divestment by the insider. Gupta Ashim sold 12,000 shares at an average price of $15.52 on Aug 15. The insider now owns 183,505 shares following the transaction. On Jul 17, Chief Financial Officer Gupta Ashim sold 40,000 shares at $18.44 apiece. The transaction was valued at $737,736.
Valuation Metrics
The stock’s beta is 0.72. Besides these, the trailing price-to-sales (P/S) ratio of 7.52, the price-to-book (PB) ratio of 4.15, and the price-to-cash flow ratio of 88.11 may also be considered.
Financial Health
In the three months ended April 29, UiPath Inc.’s quick ratio stood at 4.50, while its current ratio was 4.50, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 83.90% percent. In the year ended April 29, EBITDA margin amounted to -27.81%, whereas operating margins totaled -25.30%. Based on annual data, PATH earned $878.53 million in gross profit and brought in $1.06 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -18.70%. Return on equity (ROE) for the past 12 months was -12.50%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. PATH’s revenue rose 15.37% to $142.22 million during the quarter, while net income inched up to $289.59 million. While analysts expected UiPath Inc. to report $0.02 quarterly earnings, the actual figure was $0.11 per share. During the quarter, the company generated -$27.75 million in EBITDA. The liabilities of UiPath Inc. were 687.15 million at the end of its most recent quarter ended April 29, and its total debt was $63.82 million. The value of shareholders’ equity is $561.16 million.
Technical Picture
This quick technical analysis looks at UiPath Inc.’s (PATH) price momentum. With a historical volatility rate of 27.43%, the RSI 9-day stood at 25.40% on 17 August.
With respect to its five-day moving average, the current UiPath Inc. price is down by -5.51% percent or -$0.85. At present, PATH shares trade -16.17% below its 20-day simple moving average and -8.54% percent below its 100-day simple moving average. However, the stock is currently trading approximately -25.13% below its SMA50 and +13.30% above its SMA200.
Stochastic coefficient K was 13.40% and Stochastic coefficient D was 14.82%, while ATR was 0.70. Given the Stochastic reading of 7.67% for the 14-day period, the RSI (14) reading has been calculated as 32.91%. As of today, the MACD Oscillator reading stands at -0.32, while the 14-day reading stands at -0.86.
Analyst Ratings
UiPath Inc. downgraded its rating on UiPath Inc. (NYSE: PATH) to an Equal weight in a note to investors on June 09, 2023. The analysts firm previously had an Overweight rating on the stock.UiPath Inc. (PATH) has been rated Overweight by analysts. According to 0 brokerage firms, PATH is a sell, and 12 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate UiPath Inc. stock as buy, with 8 recommending it as overweight.
With a median target price of $18.50, the current consensus forecast for the stock is $16.00 – $25.00. Based on these forecasts, analysts predict UiPath Inc. (PATH) will achieve an average price target of $19.00.
