(CHPT) ChargePoint Holdings - Ratings and Ratios

ChargePoint Holdings, Inc. (NYSE:CHPT) operates as a leading provider of electric vehicle (EV) charging networks and comprehensive charging solutions across North America and Europe. The company caters to a diverse range of sectors, including commercial customers such as retail, workplace, hospitality, parking, recreation, municipal, education, and highway fast-charge locations. Additionally, it serves fleet customers, encompassing delivery, logistics, motor pool, transit, and shared mobility. Residential customers, including single-family homes and multi-family apartments and condominiums, also form a key part of its client base. Founded in 2007, ChargePoint Holdings is headquartered in Campbell, California, and is a prominent player in the EV infrastructure space.

As of the latest data, ChargePoint Holdings, Inc. has a market capitalization of $349.45 million. The stock is categorized under the Electrical Components & Equipment sub-industry and is listed on the New York Stock Exchange (NYSE) under the ticker symbol CHPT. The companys price-to-book (P/B) ratio stands at 2.03, and its price-to-sales (P/S) ratio is 0.81. The stocks average 20-day trading volume is 37,549,105 shares, with a last reported price of $0.67. Key technical indicators include an SMA20 of $0.78, SMA50 of $0.97, SMA200 of $1.41, and an Average True Range (ATR) of $0.07. For more information, visit their official website at https://www.chargepoint.com.

Based on the provided technical and fundamental data, here is a 3-month forecast for ChargePoint Holdings, Inc. (NYSE:CHPT):

The stock is currently trading below its SMA20 and SMA50, which are $0.78 and $0.97, respectively. This indicates potential bearish momentum in the near term. The SMA200 of $1.41 suggests a longer-term downtrend. The ATR of $0.07 reflects low volatility, which may stabilize price movements.

With a market cap of $349.45M and a P/S ratio of 0.81, the stock is moderately valued relative to its revenue. The P/B ratio of 2.03 indicates that the stock is trading at a premium to its book value. The absence of P/E and forward P/E ratios suggests that the company may not yet be profitable or has significant forward earnings expectations.

Given these factors, the stock is expected to trade within a range of $0.60 to $0.90 over the next three months. The lower bound is supported by the SMA200 level, while the upper bound aligns with the SMA50. Earnings reports and macroeconomic developments related to the EV sector will likely influence the stocks trajectory during this period.