(VIANEWS) – Shares of Spotify (SPOT) slid 5.24% to $216.44 at 12:43 EST on Tuesday, after five consecutive sessions in a row of gains. NYSE Composite is rising 0.45% to $16,651.40, after two successive sessions in a row of losses. This seems, up to now, a somewhat positive trend exchanging session today.
Spotify’s last close was $266.38, 31.25% under its 52-week high of $387.44.
Today’s last reported volume for Spotify is 1815861 which is 25.92% above its average volume of 1442026.
Spotify’s sales growth is 23.4% for the current quarter and 17.6% for the next. The company’s growth estimates for the ongoing quarter and the next is 79.4% and 46.5%, respectively.
Year-on-year quarterly revenue growth grew by 16.2%, now sitting on 8.18B for the twelve trailing months.
Spotify’s Stock Yearly Top and Bottom Value
Spotify’s stock is valued at $216.44 at 12:43 EST, way below its 52-week high of $387.44 and above its 52-week low of $211.10.
Spotify’s Moving Average
Spotify’s value is way below its 50-day moving average of $250.63 and way below its 200-day moving average of $282.78.
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