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The closing price of GoodRx Holdings Inc (NASDAQ: GDRX) was $7.08 for the day, up 1.72% from the previous closing price of $6.96. In other words, the price has increased by $1.72 from its previous closing price. On the day, 0.56 million shares were traded. GDRX stock price reached its highest trading level at $7.085 during the session, while it also had its lowest trading level at $6.805.
Ratios:
Our analysis of GDRX’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 4.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.38. For the most recent quarter (mrq), Quick Ratio is recorded 7.12 and its Current Ratio is at 7.12. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.91.
On March 25, 2024, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $7.50 to $10.
JP Morgan Upgraded its Neutral to Overweight on March 01, 2024, whereas the target price for the stock was revised from $7 to $10.
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 Nov 30 ’23 when Wagner Scott bought 21,652 shares for $5.76 per share. The transaction valued at 124,806 led to the insider holds 182,900 shares of the business.
Wagner Scott bought 26,348 shares of GDRX for $155,482 on Nov 29 ’23. The insider now owns 161,248 shares after completing the transaction at $5.90 per share. On Nov 28 ’23, another insider, Wagner Scott, who serves as the insider of the company, bought 4,157 shares for $6.00 each. As a result, the insider paid 24,940 and bolstered with 134,900 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, GDRX now has a Market Capitalization of 2796578560 and an Enterprise Value of 2835355392. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.73 while its Price-to-Book (P/B) ratio in mrq is 3.66. Its current Enterprise Value per Revenue stands at 3.779 whereas that against EBITDA is 42.324.
Stock Price History:
Over the past 52 weeks, GDRX has reached a high of $9.37, while it has fallen to a 52-week low of $4.14. The 50-Day Moving Average of the stock is 2.60%, while the 200-Day Moving Average is calculated to be 11.19%.
Shares Statistics:
GDRX traded an average of 1.32M shares per day over the past three months and 816460 shares per day over the past ten days. A total of 92.36M shares are outstanding, with a floating share count of 76.75M. Insiders hold about 80.57% of the company’s shares, while institutions hold 13.23% stake in the company. Shares short for GDRX as of 1713139200 were 8800356 with a Short Ratio of 6.64, compared to 1710460800 on 9852345. Therefore, it implies a Short% of Shares Outstanding of 8800356 and a Short% of Float of 10.609999.
