Technical Indicators and Signals
The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Veeva Systems Inc. (NYSE:VEEV) for the period of 9-Day stands at 76.37% while the stochastic %D for the same period stands at 80.11%.
The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Veeva Systems Inc. (NYSE:VEEV) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.
Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Veeva Systems Inc. (NYSE:VEEV) while 20-100 Day MACD Oscillator indicates “Sell”.
Bollinger band is a volatility indicator of a certain security, currently Veeva Systems Inc. (NYSE:VEEV)’s 20-Day Bollinger Band indicates “Hold”.
Veeva Systems Inc. operates as a provider of industry-specific, cloud-based software solutions for the life sciences industry. It offers enterprise applications, a multichannel platform, customer relationship management, and content management solutions. The Company provides its solutions to pharmaceutical, animal health, and biotechnology companies. Veeva Systems Inc. is headquartered in Pleasanton, California.
Previous Day Activity Analysis
On the last trading day, Veeva Systems Inc. (NYSE:VEEV) opened the session at $60.38 and after going up 1.47% closed at $61.47. The stock gained 1.09 points in the last trade.
Veeva Systems Inc. (NYSE:VEEV)’s stock fluctuated in the range of $60.16 and $61.55 during the previous active session. Veeva Systems Inc. (NYSE:VEEV) traded with the volume of 1.39 Million with average volume of 1.33 Million. The stock has LOW volatility on the last trading session.
Currently the Beta for the company remains at 1.62 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.35 and 59.67 respectively.
Currently the Insider Ownership of the shares of Veeva Systems Inc. (NYSE:VEEV) is at 1.56% and the shares outstanding are 138.58 Million.
Important Ratio Analysis
Some important ratios to consider here for Veeva Systems Inc. (NYSE:VEEV) are discussed below:
Price to Earnings P/E ratio stands at 74.15 while Forward P/E shows the value of 60.8.
The PEG ratio (Price to Earning to Growth) emits the value of 3.39. The Price to Sale P/S and Price to Book P/B shows the value of 13.8 and 11.22 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 11.76 and 38.39 correspondingly.
The Quick Ratio of Veeva Systems Inc. (NYSE:VEEV) stands at 3.3 while the Current Ratio depicts the value of 3.3.
Return on Assets ROA of Veeva Systems Inc. (NYSE:VEEV) is at 12.5% whereas, Return on Equity ROE and Return of Investment ROI of Veeva Systems Inc. (NYSE:VEEV) stand at 17.1% and 10.3% respectively.
Stock Performance Analysis
The stock performance of Veeva Systems Inc. (NYSE:VEEV) on the basis of 5 day trade show the dip of -0.24% whereas, the monthly performance of the stock shows increase of 3.28%.
The quarterly performance of the stock remained in red zone with the value of -2.55% while six month performance of the shares of Veeva Systems Inc. (NYSE:VEEV) remained bullish with the count of 7.62%.
The yearly and YTD performance of Veeva Systems Inc. (NYSE:VEEV) remained up at 56.25% and 51.03% respectively.