For the readers interested in the stock health of Dropbox Inc. (DBX). It is currently valued at $30.50. When the transactions were called off in the previous session, Stock hit the highs of $30.72, after setting-off with the price of $29.94. Company’s stock value dipped to $29.84 during the trading on the day. When the trading was stopped its value was $29.81.
Recently in News on July 15, 2021, Dropbox to Announce Second Quarter 2021 Earnings Results. Dropbox, Inc. (NASDAQ: DBX) announced today that it will report financial results for the second quarter ended June 30, 2021 after market close on Thursday, August 5, 2021. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. You can read further details here
Dropbox Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $31.35 on 07/12/21, with the lowest value was $21.57 for the same time period, recorded on 01/25/21.
Dropbox Inc. (DBX) full year performance was 33.25%
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, Dropbox Inc. shares are logging -2.71% during the 52-week period from high price, and 72.76% 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 $17.66 and $31.35.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 4409832 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 Dropbox Inc. (DBX) recorded performance in the market was 37.45%, having the revenues showcasing 18.58% 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 12.16B, as it employees total of 2760 workers.
The Analysts eye on Dropbox Inc. (DBX)
During the last month, 7 analysts gave the Dropbox Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 27.32, with a change in the price was noted +7.86. In a similar fashion, Dropbox Inc. posted a movement of +34.72% for the period of last 100 days, recording 6,268,427 in trading volumes.
Technical rundown of Dropbox Inc. (DBX)
Raw Stochastic average of Dropbox Inc. in the period of last 50 days is set at 88.32%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 59.91%. In the last 20 days, the company’s Stochastic %K was 50.75% and its Stochastic %D was recorded 51.10%.
Considering, the past performance of Dropbox 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 37.45%. Additionally, trading for the stock in the period of the last six months notably improved by 40.10%, alongside a boost of 33.25% for the period of the last 12 months. The shares increased approximately by -1.17% in the 7-day charts and went down by 4.67% in the period of the last 30 days. Common stock shares were driven by 18.58% during last recorded quarter.