Airbnb Inc. (ABNB) is priced at $179.52 after the most recent trading session. At the very opening of the session, the stock price was $175.265 and reached a high price of $178.61, prior to closing the session it reached the value of $177.95. The stock touched a low price of $172.14.
Recently in News on March 4, 2021, Airbnb, Inc. Prices $2 Billion Convertible Senior Notes Offering. Airbnb, Inc. (Nasdaq: ABNB) today announced the pricing of its offering of $2,000,000,000 aggregate principal amount of 0% convertible senior notes due 2026 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The issuance and sale of the notes are scheduled to settle on March 8, 2021, subject to customary closing conditions. You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Airbnb Inc. shares are logging -18.38% during the 52-week period from high price, and 47.75% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $121.50 and $219.94.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 1256115 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Airbnb Inc. (ABNB) recorded performance in the market was 21.22%, having the revenues showcasing 20.13% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 107.04B, as it employees total of 5597 workers.
Airbnb Inc. (ABNB) in the eye of market guru’s
During the last month, 10 analysts gave the Airbnb Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 19 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 3 of the polled analysts provided SELL rating.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ABNB is recording 0.63 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.63.
Airbnb Inc. (ABNB): Stocks Technical analysis and Trends
Raw Stochastic average of Airbnb Inc. in the period of last 50 days is set at 29.38%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 30.88%. In the last 20 days, the company’s Stochastic %K was 23.24% and its Stochastic %D was recorded 22.28%.
If we look into the earlier routines of Airbnb Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 21.22%. The shares increased approximately by -6.36% in the 7-day charts and went up by -13.93% in the period of the last 30 days. Common stock shares were driven by 20.13% during last recorded quarter.