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After finishing at $12.19 in the prior trading day, Snap Inc (NYSE: SNAP) closed at $11.81, down -3.12%. In other words, the price has decreased by -$3.12 from its previous closing price. On the day, 36.37 million shares were traded. SNAP stock price reached its highest trading level at $12.36 during the session, while it also had its lowest trading level at $11.395.
Ratios:
Our goal is to gain a better understanding of SNAP 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 6.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 134.61. For the most recent quarter (mrq), Quick Ratio is recorded 4.04 and its Current Ratio is at 4.04. In the meantime, Its Debt-to-Equity ratio is 1.92 whereas as Long-Term Debt/Eq ratio is at 1.89.
On September 20, 2024, B. Riley Securities started tracking the stock assigning a Neutral rating and target price of $11.
On September 05, 2024, Cantor Fitzgerald started tracking the stock assigning a Neutral rating and target price of $8.Cantor Fitzgerald initiated its Neutral rating on September 05, 2024, with a $8 target price.
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 Oct 31 ’24 when Spiegel Evan sold 150,000 shares for $12.52 per share. The transaction valued at 1,878,525 led to the insider holds 3,177,844 shares of the business.
Murphy Robert C. sold 1,000,000 shares of SNAP for $12,504,800 on Oct 31 ’24. The Chief Technology Officer now owns 57,210,989 shares after completing the transaction at $12.50 per share. On Oct 31 ’24, another insider, O’Sullivan Michael J., who serves as the General Counsel of the company, sold 18,000 shares for $12.31 each. As a result, the insider received 221,670 and left with 471,058 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, SNAP now has a Market Capitalization of 19807850496 and an Enterprise Value of 20856227840. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.83 while its Price-to-Book (P/B) ratio in mrq is 8.94. Its current Enterprise Value per Revenue stands at 4.038 whereas that against EBITDA is -27.151.
Stock Price History:
Over the past 52 weeks, SNAP has reached a high of $17.90, while it has fallen to a 52-week low of $8.29. The 50-Day Moving Average of the stock is 14.28%, while the 200-Day Moving Average is calculated to be -5.58%.
Shares Statistics:
The stock has traded on average 26.48M shares per day over the past 3-months and 43354310 shares per day over the last 10 days, according to various share statistics. A total of 1.39B shares are outstanding, with a floating share count of 1.07B. Insiders hold about 36.35% of the company’s shares, while institutions hold 51.73% stake in the company. Shares short for SNAP as of 1728950400 were 72071318 with a Short Ratio of 2.72, compared to 1726185600 on 54156459. Therefore, it implies a Short% of Shares Outstanding of 72071318 and a Short% of Float of 7.8.
