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After finishing at $5.20 in the prior trading day, Clarivate Plc (NYSE: CLVT) closed at $5.14, down -1.15%. In other words, the price has decreased by -$1.15 from its previous closing price. On the day, 6.48 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CLVT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.58. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 0.66.
Stock Price History:
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 -3.35%, while the 200-Day Moving Average is calculated to be -14.30%.
Shares Statistics:
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.
