Raspberry Pi (LON:RPI) Sets New 12-Month High – Should You Buy?

Shares of Raspberry Pi Holdings (LON:RPIGet Free Report) reached a new 52-week high on Friday . The stock traded as high as GBX 755.50 and last traded at GBX 746, with a volume of 882860 shares traded. The stock had previously closed at GBX 673.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft lifted their price objective on Raspberry Pi from GBX 300 to GBX 550 and gave the stock a “hold” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Raspberry Pi has a consensus rating of “Hold” and a consensus target price of GBX 550.

Read Our Latest Research Report on Raspberry Pi

Raspberry Pi Trading Up 11.3%

The firm has a market capitalization of £1.45 billion, a P/E ratio of 163.18 and a beta of 0.88. The business has a 50-day moving average of GBX 520.19 and a 200 day moving average of GBX 387.60.

Insider Transactions at Raspberry Pi

In related news, insider Daniel Labbad sold 9,527 shares of the business’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of GBX 630, for a total value of £60,020.10. Also, insider Richard David Boult sold 150,000 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of GBX 701, for a total value of £1,051,500. Insiders own 1.73% of the company’s stock.

Raspberry Pi Company Profile

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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.

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