Cowen Inc. (NASDAQ:COWN) Relative Strength Index (RSI) is 68.30, with weekly volatility at 9.56% and ATR at 1.82. The COWN stock’s 52-week price range has touched low of $5.75 and a $34.94 high. Intraday shares traded counted 0.37 million, which was 26.6% higher than its 30-day average trading volume of 507.93K. Its shares traded lower over the last trading session, losing -3.38% on 02/18/21. The shares fell to a low of $33.3126 before closing at $33.44. COWN’s previous close was $34.61 while the outstanding shares total 27.66M. The firm has a beta of 1.46, a 12-month trailing P/E ratio of 8.05, and a growth ratio of 0.81.
Investors have identified the Capital Markets company Cowen Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $756.08 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Having a look at the company’s valuation, the company is expected to record 7.15 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on COWN sounds very interesting.
Is the stock of COWN attractive?
In related news, Chairman and CEO, SOLOMON JEFFREY M sold 10,014 shares of the company’s stock in a transaction that recorded on Nov 02. The sale was performed at an average price of 22.09, for a total value of 221,209. As the sale deal closes, the Director, Barth Brett H now bought 10,000 shares of the company’s stock, valued at 62,934. Also, Director, Barth Brett H bought 10,000 shares of the company’s stock in a deal that was recorded on Mar 12. The shares were price at an average price of 10.04 per share, with a total market value of 100,390. Following this completion of acquisition, the Chairman and CEO, SOLOMON JEFFREY M now holds 10,000 shares of the company’s stock, valued at 121,305. In the last 6 months, insiders have changed their ownership in shares of company stock by 5.40%.
4 out of 4 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Cowen Inc.. 0 analysts has assigned a Sell rating on the COWN stock. The 12-month mean consensus price target for the company’s shares has been set at $34.50.