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As of close of business last night, Cantaloupe Inc’s stock clocked out at $10.74, up 1.99% from its previous closing price of $10.53. In other words, the price has increased by $1.99 from its previous closing price. On the day, 0.79 million shares were traded. CTLP stock price reached its highest trading level at $10.775 during the session, while it also had its lowest trading level at $10.27.
Ratios:
To gain a deeper understanding of CTLP’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 28.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2064.18. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.79. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.23.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on February 23, 2024, initiated with a Buy rating and assigned the stock a target price of $10.
On October 03, 2023, Berenberg started tracking the stock assigning a Buy rating and target price of $9.
On August 17, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $10.50.B. Riley Securities initiated its Buy rating on August 17, 2023, with a $10.50 target price.
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 Sep 27 ’24 when Baird Lisa P. bought 6,000 shares for $7.42 per share. The transaction valued at 44,520 led to the insider holds 97,319 shares of the business.
Bergeron Douglas bought 234,134 shares of CTLP for $1,734,933 on Sep 27 ’24. The Director now owns 426,319 shares after completing the transaction at $7.41 per share. On Sep 30 ’24, another insider, Bergeron Douglas, who serves as the Director of the company, bought 36,000 shares for $7.41 each. As a result, the insider paid 266,760 and bolstered with 462,319 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, CTLP now has a Market Capitalization of 784391616 and an Enterprise Value of 649858112. As of this moment, Cantaloupe’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.78, and their Forward P/E ratio for the next fiscal year is 24.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.75 while its Price-to-Book (P/B) ratio in mrq is 4.13. Its current Enterprise Value per Revenue stands at 2.348 whereas that against EBITDA is 22.298.
Stock Price History:
The Beta on a monthly basis for CTLP is 1.67, which has changed by 0.5042857 over the last 52 weeks, in comparison to a change of 0.20652604 over the same period for the S&P500. Over the past 52 weeks, CTLP has reached a high of $10.54, while it has fallen to a 52-week low of $5.74. The 50-Day Moving Average of the stock is 18.82%, while the 200-Day Moving Average is calculated to be 38.06%.
Shares Statistics:
It appears that CTLP traded 371.29K shares on average per day over the past three months and 469770 shares per day over the past ten days. A total of 73.03M shares are outstanding, with a floating share count of 65.38M. Insiders hold about 10.48% of the company’s shares, while institutions hold 75.70% stake in the company. Shares short for CTLP as of 1736899200 were 2375989 with a Short Ratio of 6.17, compared to 1734048000 on 2326184. Therefore, it implies a Short% of Shares Outstanding of 2375989 and a Short% of Float of 4.02.
