At the end of the latest market close, Vertiv Holdings Co (VRT) was valued at $23.97. In that particular session, Stock kicked-off at the price of $24.17 while reaching the peak value of $24.29 and lowest value recorded on the day was $23.40. The stock current value is $23.91.Recently in News on January 6, 2022, Vertiv Amends its Tax Receivable Agreement Resulting in Approximately $60 Million Positive Pre-Tax Impact. Vertiv Holdings Co (“Vertiv”) (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that it has entered into an agreement with VPE Holdings, LLC, an affiliate of Platinum Equity, LLC, to amend the Tax Receivable Agreement (“TRA”) the company entered into with VPE Holdings, in connection with its business combination in February 2020 and to satisfy and extinguish all outstanding remaining obligations thereunder. Vertiv will make payments totaling $100 million to VPE Holdings, with half to be paid by June 15, 2022, and the other half by September 15, 2022, at which time all further obligations under the Tax Receivable Agreement will terminate. You can read further details here
Vertiv Holdings Co had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $25.17 on 01/03/22, with the lowest value was $22.34 for the same time period, recorded on 01/10/22.
Vertiv Holdings Co (VRT) full year performance was 27.93%
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, Vertiv Holdings Co shares are logging -16.98% during the 52-week period from high price, and 31.88% 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 $18.13 and $28.80.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 2174595 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 Vertiv Holdings Co (VRT) recorded performance in the market was -4.25%, having the revenues showcasing 9.38% 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 8.75B, as it employees total of 20972 workers.
Vertiv Holdings Co (VRT) in the eye of market guru’s
During the last month, 9 analysts gave the Vertiv Holdings Co a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 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 25.09, with a change in the price was noted -3.17. In a similar fashion, Vertiv Holdings Co posted a movement of -11.71% for the period of last 100 days, recording 2,732,284 in trading volumes.
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 VRT is recording 2.72 at the time of this writing. In addition, long term Debt to Equity ratio is set at 2.70.
Vertiv Holdings Co (VRT): Stocks Technical analysis and Trends
Raw Stochastic average of Vertiv Holdings Co in the period of last 50 days is set at 27.89%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 49.53%. In the last 20 days, the company’s Stochastic %K was 44.70% and its Stochastic %D was recorded 31.32%.
If we look into the earlier routines of Vertiv Holdings Co, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -4.25%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -9.74%, alongside a boost of 27.93% for the period of the last 12 months. The shares increased approximately by 4.68% in the 7-day charts and went up by -6.05% in the period of the last 30 days. Common stock shares were driven by 9.38% during last recorded quarter.