Testing Stock Behavior of Workday, Inc. (WDAY)
The markets have been on a bull run for almost a decade, creating suspense in the markets. To take or to leave profits are the questions and it is up to you the investor to decide. Workday, Inc. (WDAY) currently trades at $133.19. Located in the USA and operating within the Technology sector, Workday, Inc. currently has a market cap of 28.1B. Know the sector and where the company operates can help you narrow in on benchmark numbers to compare against.
Workday, Inc. (WDAY) currently trades at a *TBA P/E multiple, with a forward P/E multiple of 80.04. A price to earnings ratio alone is not enough, but comparing it to other in the Technology will give you an idea of how expensive or how much of a discount Workday, Inc. is trading.
EPS growth this year for Workday, Inc. is 17.80% and for next year is projected at 31.75%. Earnings per share should be maintained or growing. If this number begins to retreat, it could be a warning sign for what is ahead. For long term investors, EPS for the next five years is projected at 21.05%.
This week, Workday, Inc. has posted 1.19% result with a current price of $133.19. On a monthly basis Workday, Inc. posted a result of 1.57%. Supporting the moves in the market, weekly volatility is 2.93% and monthly volatility is 2.99%. Volatility will tell you how serious the movement is. Movements on lesser volume are typically less sustained compared to those with increased volume. Year to date performance for Workday, Inc. is 30.91%.
Technical analysis can also foreshadow where Workday, Inc. is headed. With the latest closing price of $133.19, that is a 0.13% from the open. The current 52-week high for Workday, Inc. is -4.86% and the 52-week low is 39.69%. With current price in relation to the 52-week levels, you can formulate an opinion on where the stock may head.
The average true range is 3.73 for Workday, Inc. (WDAY). Compare that with a 14 period RSI of 57.86, this can help find a range for the equity. Currently, the short term 20-Day Simple Moving Average is and the long term 200-Day Simple Moving Average is .
Workday, Inc. (WDAY) may still provide value, but that is for you to determine with the current information. Taking a little bit of each research category can help give you an all around opinion of the stock. Keeping up with current events can also help you understand why the data is the way it is.