UiPath Inc. [NYSE: PATH] closed the trading session at $67.93 on 06/30/21. The day’s price range saw the stock hit a low of $67.68, while the highest price level was $69.0782. The company report on June 23, 2021 that UiPath Completes SOC 2® Type 2 Examination for UiPath Automation Cloud.
Demonstrates Company’s commitment to data security, confidentiality, and availability.
UiPath (NYSE: PATH), a leading enterprise automation software company, announced that it has successfully completed SOC 2 Type 2 System and Organization Controls (SOC 2) examination for UiPath Automation Cloud in accordance with attestation standards established by the American Institute of Certified Public Accountants (AICPA).
If compared to the average trading volume of 3.66M shares, PATH reached to a volume of 3091099 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about UiPath Inc. [PATH]:
Wolfe Research have made an estimate for UiPath Inc. shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on May 17, 2021. While these analysts kept the previous recommendation, Wells Fargo raised their target price to Equal Weight. The new note on the price target was released on May 17, 2021, representing the official price target for UiPath Inc. stock. Previously, the target price had yet another raise to $80, while Truist analysts kept a Buy rating on PATH stock.
The Average True Range (ATR) for UiPath Inc. is set at 4.04, with the Price to Sales ratio for PATH stock in the period of the last 12 months amounting to 50.25. The Price to Book ratio for the last quarter was 18.16, with the Price to Cash per share for the same quarter was set at 3.73.
PATH stock trade performance evaluation
UiPath Inc. [PATH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.91.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PATH stock in for the last two-week period is set at 42.37, with the RSI for the last a single of trading hit 38.10, and the three-weeks RSI is set at 45.29 for UiPath Inc. [PATH], while it was recorded at 69.39 for the last single week of trading.
UiPath Inc. [PATH]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and UiPath Inc. [PATH] shares currently have an operating margin of -18.16 and a Gross Margin at +89.16. UiPath Inc.’s Net Margin is presently recorded at -15.21.
Receivables Turnover for the company is 3.62 with a Total Asset Turnover recorded at a value of 0.88.UiPath Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.50 and a Current Ratio set at 6.50.