Raspberry Pi (LON:RPI) Reaches New 52-Week Low – What’s Next?

Raspberry Pi Holdings (LON:RPI) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 303 and last traded at GBX 309.60, with a volume of 102522 shares traded. The stock had previously closed at GBX 305.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Raspberry Pi from GBX 420 to GBX 380 and set a “hold” rating for the company in a report on Thursday, September 25th. One analyst has rated the stock with a Hold rating, According to MarketBeat, Raspberry Pi presently has an average rating of “Hold” and an average target price of GBX 380.

Raspberry Pi Trading Up 0.7%

The company has a market capitalization of £593.89 million and a price-to-earnings ratio of 66.93. The stock has a 50-day simple moving average of GBX 346.46 and a 200-day simple moving average of GBX 403.88.

Insider Buying and Selling at Raspberry Pi

In related news, insider Eben Upton CBE purchased 5,832 shares of the business’s stock in a transaction that occurred on Wednesday, November 5th. The shares were purchased at an average cost of GBX 343 per share, with a total value of £20,003.76. Also, insider David Ranken Gammon acquired 12,000 shares of the firm’s stock in a transaction on Friday, November 21st. The shares were bought at an average cost of GBX 306 per share, with a total value of £36,720. Corporate insiders own 1.69% of the company’s stock.

About Raspberry Pi

Our mission is to put high-performance, low-cost, general-purpose computing platforms in the hands of engineers and enthusiasts all over the world.

Since 2012, we’ve been designing single-board and modular computers, built on the Arm architecture, and running the Linux operating system. Whether you’re an educator looking to excite the next generation of computer scientists; an enthusiast searching for inspiration for your next project; or an OEM who needs a proven rock-solid foundation for your next generation of smart products, there’s a Raspberry Pi computer for you.

That’s not all we do.