With 0.98 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.64 million shares. The 52-week range on RAMP shows that it touched its highest point at $36.08 and its lowest point at $21.45 during that stretch. It currently has a 1-year price target of $38.12. Beta for the stock currently stands at 0.98.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RAMP was up-trending over the past week, with a rise of 10.01%, but this was up by 18.80% over a month. Three-month performance surged to 7.83% while six-month performance rose 9.63%. The stock lost -0.74% in the past year, while it has gained 5.70% so far this year. A look at the trailing 12-month EPS for RAMP yields -0.01 with Next year EPS estimates of 2.53. For the next quarter, that number is 0.42. This implies an EPS growth rate of 28.24% for this year and 16.15% for next year.
Float and Shares Shorts:
At present, 65.42 million RAMP shares are outstanding with a float of 62.70 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RAMP since 7 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.43558 being high and $1.40334 being low. For RAMP, this leads to a yearly average estimate of $1.41799.
