Closing Figures Unveiled: Stagwell Inc (STGW) Drop -1.01, Closes at 6.84

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Stagwell Inc (NASDAQ: STGW) closed the day trading at $6.84 down -1.01% from the previous closing price of $6.91. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 1.08 million shares were traded. STGW stock price reached its highest trading level at $7.02 during the session, while it also had its lowest trading level at $6.72.

Ratios:

For a better understanding of STGW, 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 6.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.79. 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 4.75 whereas as Long-Term Debt/Eq ratio is at 4.56.

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, Craig Hallum on October 06, 2023, initiated with a Buy rating and assigned the stock a target price of $8.

On August 09, 2023, Stephens Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $11 to $8.

Wells Fargo Downgraded its Overweight to Equal Weight on July 24, 2023, whereas the target price for the stock was revised from $9 to $8.

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 Feb 29 ’24 when Penn Mark Jeffery bought 10,000 shares for $5.28 per share. The transaction valued at 52,759 led to the insider holds 2,490,469 shares of the business.

Penn Mark Jeffery bought 10,000 shares of STGW for $52,000 on Feb 28 ’24. The Chief Executive Officer now owns 2,480,469 shares after completing the transaction at $5.20 per share. On Feb 28 ’24, another insider, Oosterman Wade, who serves as the Director of the company, bought 5,000 shares for $5.04 each. As a result, the insider paid 25,200 and bolstered with 128,204 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, STGW now has a Market Capitalization of 1841546880 and an Enterprise Value of 2750572800. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 2.33. Its current Enterprise Value per Revenue stands at 1.068 whereas that against EBITDA is 10.258.

Stock Price History:

The Beta on a monthly basis for STGW is 1.30, which has changed by 0.17728055 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, STGW has reached a high of $8.59, while it has fallen to a 52-week low of $3.83. The 50-Day Moving Average of the stock is 14.05%, while the 200-Day Moving Average is calculated to be 21.28%.

Shares Statistics:

Over the past 3-months, STGW traded about 599.65K shares per day on average, while over the past 10 days, STGW traded about 654420 shares per day. A total of 118.47M shares are outstanding, with a floating share count of 112.43M. Insiders hold about 4.38% of the company’s shares, while institutions hold 82.06% stake in the company. Shares short for STGW as of 1714435200 were 5637488 with a Short Ratio of 9.40, compared to 1711584000 on 5176984. Therefore, it implies a Short% of Shares Outstanding of 5637488 and a Short% of Float of 8.2100004.

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