Vertiv Stock Sees Explosive Growth: VRT Shares Jump Over 11%
Vertiv Holdings Co, trading on the NYSE under the ticker VRT, experienced a remarkable surge in its stock price during Tuesday’s trading session. The company’s shares posted double-digit percentage gains by the afternoon.
As of 1:47 pm GMT-4 on April 23, Vertiv Holdings stock was priced at 80.04 USD. This marks a significant increase of 8.24 USD, or 11.48 percent, for the day. This strong upward move placed the stock considerably higher than its previous closing price of 71.80 USD.
The trading day for Vertiv has been notably volatile. Shares opened much higher at 85.48 USD and reached a session high of 86.93 USD. However, the stock also touched a low of 78.10 USD before trading near the 80 USD mark in the afternoon.
Looking at valuation details, Vertiv Holdings currently has a Price-to-Earnings ratio of 62.37. The company also provides a dividend yield of 0.19% to its shareholders. Over the past year, VRT stock has seen a wide range, with a 52-week high of 155.84 USD and a 52-week low of 53.60 USD.
