Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Clarivate Plc’s stock clocked out at $7.00, down -1.55% from its previous closing price of $7.11. In other words, the price has decreased by -$1.55 from its previous closing price. On the day, 3.06 million shares were traded. CLVT stock price reached its highest trading level at $7.0649 during the session, while it also had its lowest trading level at $6.86.
Ratios:
To gain a deeper understanding of CLVT’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 12.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.30. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 0.91. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.80.
On October 16, 2023, Jefferies Upgraded its rating to Buy which previously was Hold and also lowered its target price recommendation from $10 to $8.50.
Barclays Downgraded its Equal Weight to Underweight on September 08, 2023, whereas the target price for the stock was revised from $8 to $7.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLVT now has a Market Capitalization of 4750500864 and an Enterprise Value of 10490502144. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.77 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 3.991 whereas that against EBITDA is 10.672.
Stock Price History:
Over the past 52 weeks, CLVT has reached a high of $10.03, while it has fallen to a 52-week low of $6.07. The 50-Day Moving Average of the stock is -7.01%, while the 200-Day Moving Average is calculated to be -10.26%.
Shares Statistics:
It appears that CLVT traded 4.17M shares on average per day over the past three months and 4624990 shares per day over the past ten days. A total of 666.10M shares are outstanding, with a floating share count of 368.95M. Insiders hold about 44.63% of the company’s shares, while institutions hold 64.18% stake in the company. Shares short for CLVT as of 1713139200 were 38139842 with a Short Ratio of 9.15, compared to 1710460800 on 33916261. Therefore, it implies a Short% of Shares Outstanding of 38139842 and a Short% of Float of 7.4200004.
