UiPath Inc (NYSE:PATH) shares traded -1.55% lower at $14.01 on Wall Street last session.
PATH stock price is now 5.39% away from the 50-day moving average and -7.84% away from the 200-day moving average. The market capitalization of the company currently stands at $7.58B.
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On June 03, 2024, Macquarie Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock reducing its target price from $29 to quote $12, while ‘William Blair’ rates the stock as ‘Mkt Perform’
In other news, Gupta Ashim, COO & CFO sold 55,000 shares of the company’s stock on Dec 09 ’24. The stock was sold for $858,698 at an average price of $15.61. Upon completion of the transaction, the COO & CFO now directly owns 505 shares in the company, valued at $7075.05. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 09 ’24, Officer OUR THREE BABIES 2021 TRUST bought 55,000 shares of the business’s stock. A total of $814,550 was incurred on buying the stock at an average price of $14.81. 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 $13.2934 and a two-hundred day moving average price translates $15.20125 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.
