Let’s start up with the current stock price of Dropbox Inc. (DBX), which is $28.96 to be very precise. Recently in News on October 6, 2021, ServiceSource Signs Worldwide Contract With Dropbox. Leading Cloud Storage Platform Taps ServiceSource for Inside Sales. 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 $33.00 on 08/06/21, with the lowest value was $21.57 for the same time period, recorded on 01/25/21.
Dropbox Inc. (DBX) full year performance was 44.58%
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 -12.24% during the 52-week period from high price, and 64.03% 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 $33.00.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 2793936 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 30.51%, having the revenues showcasing -5.05% 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 11.72B, as it employees total of 2760 workers.
Analysts verdict on Dropbox Inc. (DBX)
During the last month, 6 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, 2 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 30.24, with a change in the price was noted +2.18. In a similar fashion, Dropbox Inc. posted a movement of +8.14% for the period of last 100 days, recording 4,200,556 in trading volumes.
Dropbox Inc. (DBX): Technical Analysis
Raw Stochastic average of Dropbox Inc. in the period of last 50 days is set at 23.92%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 32.90%. In the last 20 days, the company’s Stochastic %K was 24.39% and its Stochastic %D was recorded 22.16%.
Let’s take a glance in the erstwhile performances 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 30.51%. Additionally, trading for the stock in the period of the last six months notably improved by 10.03%, alongside a boost of 44.58% for the period of the last 12 months. The shares increased approximately by 3.17% in the 7-day charts and went up by -7.30% in the period of the last 30 days. Common stock shares were lifted by -5.05% during last recorded quarter.