UiPath, Inc. (PATH, Financial) experienced a significant stock movement with a 5.06% increase. The stock traded at $12.56 per share with a volume of 2.53715 million shares, indicating a turnover rate of 0.46% and a volatility of 3.81%.
Recent financial reports revealed UiPath's revenue at $316 million and a net loss of $86.10 million, resulting in an earnings per share (EPS) of -$0.15. The gross profit stood at $253 million. The price-to-earnings (P/E) ratio is at -62.72. Out of 24 rating firms, 21% recommend buying while 79% advise holding the stock, with no sell recommendations.
In the software services sector, where UiPath operates, the industry saw a modest growth of 0.52%. Comparable stocks such as Wag Group Co C/Wts, Xbp Europe Holdings Inc, and Hub Cyber Security Ltd marked notable gains. Meanwhile, Cemtrex Inc., Microalgo, Inc., and Freight Technologies, Inc. showed significant trading activity. Stocks like Rezolve Ai Ltd, Nextplat Corp, and Arqit Quantum Inc exhibited high volatility.
UiPath is renowned for its enterprise automation platform that employs various automation technologies, including robotic process automation and artificial intelligence, to automate repetitive tasks across industries.
