Proto Labs Stock Price on May 11, 2024
| PRLB Stock | USD 30.85 0.76 2.40% |
Below is the normalized historical share price chart for Proto Labs extending back to February 24, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Proto Labs stands at 30.85, as last reported on the 24th of May, with the highest price reaching 31.78 and the lowest price hitting 30.52 during the day.
If you're considering investing in Proto Stock, it is important to understand the factors that can impact its price. Proto Labs maintains Sharpe Ratio (i.e., Efficiency) of -0.18, which implies the firm had a -0.18% return per unit of risk over the last 3 months. Proto Labs exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Proto Labs' Variance of 2.99, risk adjusted performance of (0.07), and Coefficient Of Variation of (774.45) to confirm the risk estimate we provide.
The current year's Common Stock Shares Outstanding is expected to grow to about 26.3 M, whereas Total Stockholder Equity is forecasted to decline to about 422.6 M. . At present, Proto Labs' Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 2.32, whereas Price To Sales Ratio is forecasted to decline to 1.92. Proto Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of February 2012 | 200 Day MA 32.633 | 50 Day MA 32.7988 | Beta 1.361 |
Proto |
Sharpe Ratio = -0.1757
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| Negative Returns | PRLB |
Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Proto Labs is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Proto Labs by adding Proto Labs to a well-diversified portfolio.
Price Book 1.1931 | Enterprise Value Ebitda 11.1093 | Price Sales 1.6463 | Shares Float 25.1 M | Wall Street Target Price 41.5 |
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Proto Labs Valuation on May 11, 2024
It is possible to determine the worth of Proto Labs on a given historical date. On May 11, 2024 Proto was worth 32.49 at the beginning of the trading date compared to the closed value of 31.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Proto Labs stock. Still, in general, we apply an absolute valuation method to find Proto Labs' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Proto Labs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Proto Labs' related companies.
| Open | High | Low | Close | Volume | |
| 31.66 | 32.34 | 31.65 | 32.29 | 131,129 | |
05/10/2024 | 32.49 | 32.59 | 31.61 | 31.76 | 133,723 |
| 32.10 | 32.36 | 31.63 | 31.63 | 98,700 |
| Backtest Proto Labs | | | Proto Labs History | | | Proto Labs Valuation | Previous | Next |
Proto Labs Trading Date Momentum on May 11, 2024
| On May 13 2024 Proto Labs was traded for 31.63 at the closing time. The top price for the day was 32.36 and the lowest listed price was 31.63 . The trading volume for the day was 98.7 K. The trading history from May 13, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.41% . The trading delta at closing time against the current closing price is 3.27% . |
Proto Labs Fundamentals Correlations and Trends
By evaluating Proto Labs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Proto Labs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Proto financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Proto Labs Stock history
Proto Labs investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Proto is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Proto Labs will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Proto Labs stock prices may prove useful in developing a viable investing in Proto Labs
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 26.2 M | 26.3 M | |
| Net Loss | -93.1 M | -88.5 M |
Proto Labs Quarterly Net Working Capital |
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Proto Labs Stock Technical Analysis
Proto Labs technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Proto Labs Period Price Range
Low | May 10, 2024
| High |
32.49 | 31.76 |
Proto Labs May 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Proto Labs stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Proto Labs shares will generate the highest return on investment. By undertsting and applying Proto Labs stock market strength indicators, traders can identify Proto Labs entry and exit signals to maximize returns
| Accumulation Distribution | 4021.13 | |||
| Daily Balance Of Power | (0.74) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 32.1 | |||
| Day Typical Price | 31.99 | |||
| Price Action Indicator | (0.70) | |||
| Period Momentum Indicator | (0.91) | |||
| Relative Strength Index | 37.85 |
Proto Labs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Proto Labs' price direction in advance. Along with the technical and fundamental analysis of Proto Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Proto to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.13) |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Proto Labs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Proto Stock refer to our How to Trade Proto Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Proto Stock analysis
When running Proto Labs' price analysis, check to measure Proto Labs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Proto Labs is operating at the current time. Most of Proto Labs' value examination focuses on studying past and present price action to predict the probability of Proto Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Proto Labs' price. Additionally, you may evaluate how the addition of Proto Labs to your portfolios can decrease your overall portfolio volatility.
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Is Proto Labs' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Proto Labs. If investors know Proto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Proto Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1 | Earnings Share 0.76 | Revenue Per Share 19.497 | Quarterly Revenue Growth 0.016 | Return On Assets 0.0251 |
The market value of Proto Labs is measured differently than its book value, which is the value of Proto that is recorded on the company's balance sheet. Investors also form their own opinion of Proto Labs' value that differs from its market value or its book value, called intrinsic value, which is Proto Labs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Proto Labs' market value can be influenced by many factors that don't directly affect Proto Labs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Proto Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Proto Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Proto Labs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.