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Stagwell Inc. (NASDAQ:STGW) price on Friday, November 19, fall -7.74% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $8.22.

A look at the stock’s price movement, the close in the last trading session was $8.91, moving within a range at $8.11 and $8.94. The beta value (5-Year monthly) was 0.79. Turning to its 52-week performance, $11.04 and $2.14 were the 52-week high and 52-week low respectively. Overall, STGW moved -2.95% over the past month.


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Stagwell Inc.’s market cap currently stands at around $2.17 billion.

Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that STGW is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.

1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 0 recommend STGW as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.

STGW’s current price about -11.99% and -4.20% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 38.98, while 7-day volatility ratio is 6.53% and 7.73% in the 30-day chart. Further, Stagwell Inc. (STGW) has a beta value of 0.81, and an average true range (ATR) of 0.65. Analysts have given the company’s stock an average 52-week price target of $3.00, forecast between a low of $3.00 and high of $3.00. Looking at the price targets, the low is 63.5% off current price level while to achieve the yearly target high, price needs to move 63.5%. Nonetheless, investors will most likely welcome a 63.5% jump to $3.00 which is the analysts’ median price.

In the market, a comparison of Stagwell Inc. (STGW) and its peers suggest the former has performed considerably weaker. Data shows STGW’s intraday price has changed -7.74% in last session and 268.61% over the past year. Comparatively, The Interpublic Group of Companies Inc. (IPG) has moved -1.01% on the day and only 59.10% in the past 12 months. Moreover, Omnicom Group Inc. (OMC) is also down -0.87% in trading on the day while keeping a an uptrend of 13.02% over the past year. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are down -0.14% and -0.75% respectively in the last trading.

If we refocus on Stagwell Inc. (NASDAQ:STGW), historical trading data shows that trading volumes averaged 575.63K over the past 3 months. The company’s latest data on shares outstanding shows there are 75.08 million shares.

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The 0.80% of Stagwell Inc.’s shares are in the hands of company insiders while institutional holders own 26.30% of the company’s shares. Current price change has pushed the stock 227.49% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the STGW stock continues to rise going into the next quarter.