Certara Inc (NASDAQ: CERT) closed the day trading at $18.46 down -0.27% from the previous closing price of $18.51. In other words, the price has decreased by -$0.05 from its previous closing price. On the day, 565649 shares were traded.
Ratios:
For a better understanding of CERT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.44. For the most recent quarter (mrq), Quick Ratio is recorded 2.62 and its Current Ratio is at 2.62. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.28.
On February 26, 2024, Leerink Partners started tracking the stock assigning a Market Perform rating and target price of $19.Leerink Partners initiated its Market Perform rating on February 26, 2024, with a $19 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 Apr 02 ’24 when SMITH PATRICK F sold 14,427 shares for $16.85 per share. The transaction valued at 243,161 led to the insider holds 50,091 shares of the business.
Traynor Richard M. sold 3,000 shares of CERT for $54,000 on Apr 01 ’24. The SVP AND GENERAL COUNSEL now owns 173,524 shares after completing the transaction at $18.00 per share. On Mar 04 ’24, another insider, Traynor Richard M., who serves as the SVP AND GENERAL COUNSEL of the company, sold 3,000 shares for $18.28 each. As a result, the insider received 54,840 and left with 162,368 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, CERT now has a Market Capitalization of 2.96B and an Enterprise Value of 3.03B. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.33 while its Price-to-Book (P/B) ratio in mrq is 2.82. Its current Enterprise Value per Revenue stands at 8.55 whereas that against EBITDA is 127.03.
Stock Price History:
Over the past 52 weeks, CERT has reached a high of $24.96, while it has fallen to a 52-week low of $11.81. The 50-Day Moving Average of the stock is 17.66, while the 200-Day Moving Average is calculated to be 16.33.
Shares Statistics:
Over the past 3-months, CERT traded about 553.45K shares per day on average, while over the past 10 days, CERT traded about 614.47k shares per day. A total of 159.85M shares are outstanding, with a floating share count of 109.02M. Insiders hold about 31.80% of the company’s shares, while institutions hold 68.74% stake in the company. Shares short for CERT as of Mar 15, 2024 were 5.28M with a Short Ratio of 10.25, compared to 4.73M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.30% and a Short% of Float of 4.42%.
