Shares of UiPath Inc. Class A (NYSE:PATH) traded today at $57.01, breaking its 52-week low. This new low was reached on below average trading volume as 1.2 million shares traded hands, while the average 30-day volume is approximately 3.8 million shares.
UiPath Inc. Class A (NYSE:PATH) defies analysts with a current price ($60.40) 61.7% above its average consensus price target of $23.10.
UiPath Inc creates an end-to-end platform that provides automation with user emulation at its core. Its platform is built to be used by employees throughout a company and to address a wide variety of use cases, from simple tasks to long-running, complex business processes. It generates revenue from the sale of licenses for its proprietary software, maintenance and support, and professional services. It generates a majority of the revenues from the US, followed by Romania and the rest of the world.
In the past 52 weeks, shares of UiPath Inc. Class A have traded between the current low of $57.01 and a high of $90.00 and is now at $60.40.
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