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The closing price of ChargePoint Holdings Inc (NYSE: CHPT) was $1.39 for the day, down -5.44% from the previous closing price of $1.47. In other words, the price has decreased by -$5.44 from its previous closing price. On the day, 10.69 million shares were traded. CHPT stock price reached its highest trading level at $1.45 during the session, while it also had its lowest trading level at $1.37.
Ratios:
Our analysis of CHPT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 1.31 whereas as Long-Term Debt/Eq ratio is at 1.31.
TD Cowen Downgraded its Buy to Hold on September 05, 2024, while the target price for the stock was maintained at $2.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 23 ’24 when Wilmer Richard sold 27,252 shares for $1.35 per share. The transaction valued at 36,790 led to the insider holds 2,304,489 shares of the business.
Singh Jagdeep CA sold 13,361 shares of CHPT for $18,037 on Sep 23 ’24. The CCXO now owns 873,004 shares after completing the transaction at $1.35 per share. On Sep 23 ’24, another insider, Khetani Mansi, who serves as the CFO of the company, sold 23,409 shares for $1.35 each. As a result, the insider received 31,602 and left with 849,084 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CHPT now has a Market Capitalization of 599897600 and an Enterprise Value of 693937472. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.36 while its Price-to-Book (P/B) ratio in mrq is 2.59. Its current Enterprise Value per Revenue stands at 1.571 whereas that against EBITDA is -2.176.
Stock Price History:
Over the past 52 weeks, CHPT has reached a high of $4.62, while it has fallen to a 52-week low of $1.21. The 50-Day Moving Average of the stock is -13.49%, while the 200-Day Moving Average is calculated to be -21.99%.
Shares Statistics:
CHPT traded an average of 12.86M shares per day over the past three months and 10811460 shares per day over the past ten days. A total of 421.12M shares are outstanding, with a floating share count of 392.44M. Insiders hold about 9.07% of the company’s shares, while institutions hold 46.46% stake in the company. Shares short for CHPT as of 1726185600 were 114267936 with a Short Ratio of 8.89, compared to 1723680000 on 103288847. Therefore, it implies a Short% of Shares Outstanding of 114267936 and a Short% of Float of 26.650000000000002.
