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In other words, the price has increased by $0.00 from its previous closing price. On the day, 2.77 million shares were traded. CLVT stock price reached its highest trading level at $5.82 during the session, while it also had its lowest trading level at $5.74.
Ratios:
Our analysis of CLVT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.86. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 0.81 whereas as Long-Term Debt/Eq ratio is at 0.80.
On October 16, 2023, Jefferies Upgraded its rating to Buy which previously was Hold and also lowered its target price recommendation from $10 to $8.50.
Barclays Downgraded its Equal Weight to Underweight on September 08, 2023, whereas the target price for the stock was revised from $8 to $7.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLVT now has a Market Capitalization of 3869097984 and an Enterprise Value of 9654196224. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.60 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 3.684 whereas that against EBITDA is 9.773.
Stock Price History:
The Beta on a monthly basis for CLVT is 1.15, which has changed by -0.41515154 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. Over the past 52 weeks, CLVT has reached a high of $10.03, while it has fallen to a 52-week low of $5.19. The 50-Day Moving Average of the stock is -1.54%, while the 200-Day Moving Average is calculated to be -20.40%.
Shares Statistics:
CLVT traded an average of 4.57M shares per day over the past three months and 2883750 shares per day over the past ten days. A total of 666.10M shares are outstanding, with a floating share count of 426.30M. Insiders hold about 41.08% of the company’s shares, while institutions hold 57.53% stake in the company. Shares short for CLVT as of 1719532800 were 30684375 with a Short Ratio of 6.71, compared to 1717113600 on 49912354. Therefore, it implies a Short% of Shares Outstanding of 30684375 and a Short% of Float of 5.9699997.
