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The price of Chegg Inc (NYSE: CHGG) closed at $1.02 in the last session, up 11.17% from day before closing price of $0.92. In other words, the price has increased by $11.17 from its previous closing price. On the day, 3.92 million shares were traded.
Ratios:
We take a closer look at CHGG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.66. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.43.
On January 14, 2025, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $2 to $1.25.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 0.58.
Stock Price History:
Over the past 52 weeks, CHGG has reached a high of $3.92, while it has fallen to a 52-week low of $0.44. The 50-Day Moving Average of the stock is 45.52%, while the 200-Day Moving Average is calculated to be -29.32%.
Shares Statistics:
A total of 105.38M shares are outstanding, with a floating share count of 98.93M. Insiders hold about 7.16% of the company’s shares, while institutions hold 63.34% stake in the company.
