Closing Bell Recap: Similarweb Ltd (SMWB) Ends at 7.37, Reflecting a -7.06 Downturn

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Similarweb Ltd (NYSE: SMWB) closed the day trading at $7.37 down -7.06% from the previous closing price of $7.93. In other words, the price has decreased by -$7.06 from its previous closing price. On the day, 0.56 million shares were traded. SMWB stock price reached its highest trading level at $8.095 during the session, while it also had its lowest trading level at $7.35.

Ratios:

For a better understanding of SMWB, 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 8.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.05. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 0.66. In the meantime, Its Debt-to-Equity ratio is 1.67 whereas as Long-Term Debt/Eq ratio is at 1.33.

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, Goldman on December 11, 2024, initiated with a Buy rating and assigned the stock a target price of $16.

On October 21, 2024, Needham started tracking the stock assigning a Buy rating and target price of $11.

On September 10, 2024, Northland Capital started tracking the stock assigning a Outperform rating and target price of $15.Northland Capital initiated its Outperform rating on September 10, 2024, with a $15 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 Jan 21 ’25 when Offer Or bought 62,500 shares for $15.64 per share.

Seror Benjamin bought 50,000 shares of SMWB for $706,000 on Jan 14 ’25. On Jan 08 ’25, another insider, Seror Benjamin, who serves as the Officer of the company, bought 50,000 shares for $14.90 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMWB now has a Market Capitalization of 625469760 and an Enterprise Value of 596077568. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.37 while its Price-to-Book (P/B) ratio in mrq is 25.67. Its current Enterprise Value per Revenue stands at 2.31 whereas that against EBITDA is -93.429.

Stock Price History:

The Beta on a monthly basis for SMWB is 1.11, which has changed by -0.009408593 over the last 52 weeks, in comparison to a change of 0.21149921 over the same period for the S&P500. Over the past 52 weeks, SMWB has reached a high of $17.64, while it has fallen to a 52-week low of $5.71. The 50-Day Moving Average of the stock is -8.93%, while the 200-Day Moving Average is calculated to be -27.33%.

Shares Statistics:

Over the past 3-months, SMWB traded about 588.81K shares per day on average, while over the past 10 days, SMWB traded about 383130 shares per day. A total of 83.54M shares are outstanding, with a floating share count of 47.29M. Insiders hold about 42.91% of the company’s shares, while institutions hold 37.30% stake in the company. Shares short for SMWB as of 1752537600 were 698173 with a Short Ratio of 1.19, compared to 1749772800 on 345579. Therefore, it implies a Short% of Shares Outstanding of 698173 and a Short% of Float of 1.8499999999999999.