Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Clarivate Plc’s stock clocked out at $5.49, down -0.54% from its previous closing price of $5.52. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 4.78 million shares were traded. CLVT stock price reached its highest trading level at $5.63 during the session, while it also had its lowest trading level at $5.445.
Ratios:
To gain a deeper understanding of CLVT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.17. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.85.
On December 15, 2023, Wells Fargo Downgraded its rating to Underweight which previously was Equal Weight but kept the price unchanged to $8.
Jefferies Upgraded its Hold to Buy on October 16, 2023, whereas the target price for the stock was revised from $10 to $8.50.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 20 ’24 when Angelakis Michael J bought 1,500,000 shares for $5.11 per share. The transaction valued at 7,665,000 led to the insider holds 1,500,000 shares of the business.
Angelakis Michael J bought 1,200,000 shares of CLVT for $6,228,000 on Nov 21 ’24. The Director now owns 2,700,000 shares after completing the transaction at $5.19 per share. On Nov 22 ’24, another insider, Angelakis Michael J, who serves as the Director of the company, bought 765,000 shares for $5.19 each. As a result, the insider paid 3,970,350 and bolstered with 3,465,000 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, CLVT now has a Market Capitalization of 3900117504 and an Enterprise Value of 8254615552. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 3.203 whereas that against EBITDA is 8.373.
Stock Price History:
The Beta on a monthly basis for CLVT is 1.17, which has changed by -0.40581268 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, CLVT has reached a high of $9.60, while it has fallen to a 52-week low of $4.25. The 50-Day Moving Average of the stock is 3.99%, while the 200-Day Moving Average is calculated to be -8.83%.
Shares Statistics:
It appears that CLVT traded 5.70M shares on average per day over the past three months and 3926650 shares per day over the past ten days. A total of 710.30M shares are outstanding, with a floating share count of 413.64M. Insiders hold about 41.77% of the company’s shares, while institutions hold 65.29% stake in the company. Shares short for CLVT as of 1736899200 were 44292197 with a Short Ratio of 7.77, compared to 1734048000 on 46467457. Therefore, it implies a Short% of Shares Outstanding of 44292197 and a Short% of Float of 7.960000000000001.
