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After finishing at $1.13 in the prior trading day, ChargePoint Holdings Inc (NYSE: CHPT) closed at $1.21, up 7.08%. In other words, the price has increased by $7.08 from its previous closing price. On the day, 15.18 million shares were traded. CHPT stock price reached its highest trading level at $1.22 during the session, while it also had its lowest trading level at $1.1.
Ratios:
Our goal is to gain a better understanding of CHPT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 1.31 whereas as Long-Term Debt/Eq ratio is at 1.31.
TD Cowen Downgraded its Buy to Hold on September 05, 2024, while the target price for the stock was maintained at $2.
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 Oct 11 ’24 when Gerdes Henrik sold 26,288 shares for $1.32 per share. The transaction valued at 34,700 led to the insider holds 390,596 shares of the business.
Gerdes Henrik bought 26,288 shares of CHPT for $34,700 on Oct 11 ’24. On Sep 23 ’24, another insider, Wilmer Richard, who serves as the President and CEO of the company, sold 27,252 shares for $1.35 each. As a result, the insider received 36,790 and left with 2,304,489 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, CHPT now has a Market Capitalization of 522213024 and an Enterprise Value of 581726528. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09 while its Price-to-Book (P/B) ratio in mrq is 2.26. Its current Enterprise Value per Revenue stands at 1.317 whereas that against EBITDA is -1.824.
Stock Price History:
Over the past 52 weeks, CHPT has reached a high of $3.54, while it has fallen to a 52-week low of $1.12. The 50-Day Moving Average of the stock is -9.94%, while the 200-Day Moving Average is calculated to be -28.17%.
Shares Statistics:
The stock has traded on average 11.35M shares per day over the past 3-months and 14057980 shares per day over the last 10 days, according to various share statistics. A total of 421.12M shares are outstanding, with a floating share count of 392.91M. Insiders hold about 8.96% of the company’s shares, while institutions hold 46.68% stake in the company. Shares short for CHPT as of 1728950400 were 113452351 with a Short Ratio of 10.00, compared to 1726185600 on 114267936. Therefore, it implies a Short% of Shares Outstanding of 113452351 and a Short% of Float of 26.459998000000002.
