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Is PagerDuty Inc. (NYSE:PD) Still Worth A Bite?

PagerDuty Inc. (NYSE:PD) shares traded higher over the last trading session, gaining 3.47% on 05/14/21. The shares fell to a low of $33.7003 before closing at $34.87. Intraday shares traded counted 2.0 million, which was -36.01% lower than its 30-day average trading volume of 1.47M. PD’s previous close was $33.70 while the outstanding shares total 81.95M. The stock’s Relative Strength Index (RSI) is 35.07, with weekly volatility at 7.90% and ATR at 2.44. The PD stock’s 52-week price range has touched low of $23.00 and a $58.36 high.

Investors have identified the Software – Application company PagerDuty 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 $2.82 billion, 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.

PagerDuty Inc. (PD) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 638.31 million total, with 172.69 million as their total liabilities.

Having a look at the company’s valuation, the company is expected to record -0.80 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 PD sounds very interesting.

Is the stock of PD attractive?

In related news, Director, Gomez Elena sold 5,000 shares of the company’s stock in a transaction that recorded on Apr 28. The sale was performed at an average price of 44.47, for a total value of 222,346. As the sale deal closes, the Senior VP, Legal and GC, Giamalis Stacey now sold 8,000 shares of the company’s stock, valued at 360,240. Also, Senior VP, Legal and GC, Giamalis Stacey sold 8,455 shares of the company’s stock in a deal that was recorded on Apr 20. The shares were price at an average price of 39.78 per share, with a total market value of 336,340. Following this completion of acquisition, the Chief Executive Officer, Tejada Jennifer now holds 10,000 shares of the company’s stock, valued at 415,811. In the last 6 months, insiders have changed their ownership in shares of company stock by 4.70%.

7 out of 11 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on PagerDuty Inc.. 0 analysts has assigned a Sell rating on the PD stock. The 12-month mean consensus price target for the company’s shares has been set at $50.78.

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