ChargePoint Holdings Inc (NYSE: CHPT) is -42.31% lower on its value in year-to-date trading and has touched a low of $1.21 and a high of $5.24 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CHPT stock was last observed hovering at around $1.37 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $1.35, the stock is -12.65% and -24.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.22 million and changing -1.46% at the moment leaves the stock -26.81% off its SMA200. CHPT registered -73.48% loss for a year compared to 6-month gain of -22.41%.
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The stock witnessed a -25.82% loss in the last 1 month and extending the period to 3 months gives it a -2.88%, and is -1.46% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.97% over the week and 7.50% over the month.
ChargePoint Holdings Inc (CHPT) has around 1650 employees, a market worth around $582.63M and $441.70M in sales. Profit margin for the company is -89.12%. Distance from 52-week low is 11.57% and -74.24% from its 52-week high. The company has generated returns on investments over the last 12 months (-73.76%).
The EPS is expected to grow by 50.08% this year.
ChargePoint Holdings Inc (CHPT) Top Institutional Holders
440.0 institutions hold shares in ChargePoint Holdings Inc (CHPT), with institutional investors hold 58.74% of the company’s shares. The shares outstanding are 421.12M, and float is at 392.36M with Short Float at 26.98%. Institutions hold 57.62% of the Float.
The top institutional shareholder in the company is ANTARA CAPITAL LP with over 45.16 million shares valued at $68.19 million. The investor’s holdings represent 10.6688% of the CHPT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 37.89 million shares valued at $57.21 million to account for 8.9503 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 30.16 million shares representing 7.124% and valued at over $45.53 million, while ANTARA CAPITAL LP holds 3.9961 of the shares totaling 16.92 million with a market value of $25.54 million.
ChargePoint Holdings Inc (CHPT) Insider Activity
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Still, SEC filings show that on Sep 23 ’24, Mansi Khetani (Officer) Proposed Sale 23,409 shares at an average price of $1.35 for $31644.0. The insider now directly holds shares of ChargePoint Holdings Inc (CHPT).
