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As of close of business last night, Clearwater Analytics Holdings Inc’s stock clocked out at $24.09, down -2.78% from its previous closing price of $24.78. In other words, the price has decreased by -$2.78 from its previous closing price. On the day, 1.39 million shares were traded. CWAN stock price reached its highest trading level at $24.93 during the session, while it also had its lowest trading level at $24.06.
Ratios:
To gain a deeper understanding of CWAN’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 20.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.57. For the most recent quarter (mrq), Quick Ratio is recorded 4.73 and its Current Ratio is at 4.73. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.17.
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, Citigroup on August 19, 2024, initiated with a Buy rating and assigned the stock a target price of $28.
On July 08, 2024, Oppenheimer Upgraded its rating to Outperform which previously was Perform but kept the price unchanged to $25.
JP Morgan Downgraded its Overweight to Neutral on February 29, 2024, whereas the target price for the stock was revised from $24 to $22.
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 Aug 26 ’24 when Galibier Purchaser, LLC sold 1,784,316 shares for $24.18 per share. The transaction valued at 43,144,761 led to the insider holds 0 shares of the business.
Galibier Purchaser, LLC bought 1,784,316 shares of CWAN for $43,144,761 on Aug 26 ’24. On Aug 21 ’24, another insider, Sethi Subi, who serves as the Chief Client Officer of the company, sold 21,497 shares for $24.30 each. As a result, the insider received 522,454 and left with 81,812 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, CWAN now has a Market Capitalization of 5933945344 and an Enterprise Value of 5137693184. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.07 while its Price-to-Book (P/B) ratio in mrq is 13.84. Its current Enterprise Value per Revenue stands at 12.743 whereas that against EBITDA is 196.155.
Stock Price History:
Over the past 52 weeks, CWAN has reached a high of $24.88, while it has fallen to a 52-week low of $15.62. The 50-Day Moving Average of the stock is 13.74%, while the 200-Day Moving Average is calculated to be 24.75%.
Shares Statistics:
It appears that CWAN traded 2.09M shares on average per day over the past three months and 1417790 shares per day over the past ten days. A total of 218.79M shares are outstanding, with a floating share count of 137.32M. Insiders hold about 37.24% of the company’s shares, while institutions hold 78.63% stake in the company. Shares short for CWAN as of 1723680000 were 8689034 with a Short Ratio of 4.16, compared to 1721001600 on 10642124. Therefore, it implies a Short% of Shares Outstanding of 8689034 and a Short% of Float of 5.45.
