Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
As of close of business last night, Chegg Inc’s stock clocked out at $0.57, up 4.75% from its previous closing price of $0.54. In other words, the price has increased by $4.75 from its previous closing price. On the day, 1.45 million shares were traded. CHGG stock price reached its highest trading level at $0.5749 during the session, while it also had its lowest trading level at $0.5243.
Ratios:
To gain a deeper understanding of CHGG’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 0.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.19. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 2.61 whereas as Long-Term Debt/Eq ratio is at 0.76.
On January 14, 2025, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $2 to $1.25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CHGG now has a Market Capitalization of 59980588 and an Enterprise Value of 254187120. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.31. Its current Enterprise Value per Revenue stands at 0.412 whereas that against EBITDA is 4.255.
Stock Price History:
The Beta on a monthly basis for CHGG is 1.74, which has changed by -0.9162996 over the last 52 weeks, in comparison to a change of 0.042615533 over the same period for the S&P500. Over the past 52 weeks, CHGG has reached a high of $7.22, while it has fallen to a 52-week low of $0.44. The 50-Day Moving Average of the stock is -33.85%, while the 200-Day Moving Average is calculated to be -67.30%.
Shares Statistics:
It appears that CHGG traded 3.25M shares on average per day over the past three months and 2133850 shares per day over the past ten days. A total of 104.88M shares are outstanding, with a floating share count of 97.58M. Insiders hold about 7.16% of the company’s shares, while institutions hold 76.54% stake in the company. Shares short for CHGG as of 1743379200 were 10539365 with a Short Ratio of 3.24, compared to 1740700800 on 10066063. Therefore, it implies a Short% of Shares Outstanding of 10539365 and a Short% of Float of 13.25.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
