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The closing price of Corsair Gaming Inc (NASDAQ: CRSR) was $12.51 for the day, up 2.29% from the previous closing price of $12.23. In other words, the price has increased by $2.29 from its previous closing price. On the day, 1.27 million shares were traded.
Ratios:
Our analysis of CRSR’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 11.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.32. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.27.
On July 31, 2023, Wedbush Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $17.50 to $21.
On April 17, 2023, Goldman started tracking the stock assigning a Neutral rating and target price of $20.Goldman initiated its Neutral rating on April 17, 2023, with a $20 target price.
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 Jul 05 ’24 when Potter Michael G sold 1,947 shares for $10.33 per share. The transaction valued at 20,113 led to the insider holds 70,412 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 2.16.
Stock Price History:
Over the past 52 weeks, CRSR has reached a high of $13.54, while it has fallen to a 52-week low of $5.59. The 50-Day Moving Average of the stock is 49.45%, while the 200-Day Moving Average is calculated to be 50.17%.
Shares Statistics:
A total of 104.70M shares are outstanding, with a floating share count of 44.84M. Insiders hold about 57.17% of the company’s shares, while institutions hold 33.19% stake in the company.
