In yesterday’s Wall Street session, UiPath Inc (NYSE:PATH) shares traded at $15.50, up 4.66% from the previous session.
PATH stock price is now 18.04% away from the 50-day moving average and 0.73% away from the 200-day moving average. The market capitalization of the company currently stands at $8.44B.
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With the price target reduced from $29 to $12, Macquarie Downgraded its rating from Outperform to Neutral for UiPath Inc (NYSE: PATH). , while ‘Truist’ rates the stock as ‘Hold’
In other news, OUR THREE BABIES 2021 TRUST, Officer bought 55,000 shares of the company’s stock on Dec 09 ’24. The stock was bought for $814,550 at an average price of $14.81. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 03 ’24, Officer HITESH RAMANI bought 25,000 shares of the business’s stock. A total of $308,250 was incurred on buying the stock at an average price of $12.33. A total of 25.11% of the company’s stock is owned by insiders.
During the past 12 months, UiPath Inc has had a low of $10.37 and a high of $27.87. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 3.01, and a quick ratio of 3.01. The fifty day moving average price for PATH is $13.0772 and a two-hundred day moving average price translates $15.42645 for the stock.
The latest earnings results from UiPath Inc (NYSE: PATH) was released for 2024-07-31. The net profit margin was -6.49% and return on equity was -4.96% for PATH. The company reported revenue of $316.25 million for the quarter, compared to $287.31 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.07 percent.
