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After finishing at $99.12 in the prior trading day, MakeMyTrip Ltd (NASDAQ: MMYT) closed at $92.57, down -6.61%. In other words, the price has decreased by -$6.61 from its previous closing price. On the day, 2.52 million shares were traded. MMYT stock price reached its highest trading level at $99.62 during the session, while it also had its lowest trading level at $92.16.
Ratios:
Our goal is to gain a better understanding of MMYT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.15.
On December 27, 2024, BofA Securities reiterated its Buy rating and also lowered its target price recommendation from $119 to $130.
Macquarie Downgraded its Outperform to Neutral on February 21, 2024, whereas the target price for the stock was revised from $50 to $60.
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 May 27 ’25 when RAJESH MAGOW bought 2,000 shares for $105.00 per share.
RAJESH MAGOW bought 20,000 shares of MMYT for $2,377,900 on Feb 04 ’25. On Dec 10 ’24, another insider, MOHIT KABRA, who serves as the Officer of the company, bought 640 shares for $123.00 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MMYT now has a Market Capitalization of 8807794688 and an Enterprise Value of 11220883456. As of this moment, MakeMyTrip’s Price-to-Earnings (P/E) ratio for their current fiscal year is 107.10, and their Forward P/E ratio for the next fiscal year is 49.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.87. Its current Enterprise Value per Revenue stands at 11.304 whereas that against EBITDA is 74.402.
Stock Price History:
The Beta on a monthly basis for MMYT is 0.87, which has changed by 0.03441727 over the last 52 weeks, in comparison to a change of 0.16821623 over the same period for the S&P500. Over the past 52 weeks, MMYT has reached a high of $123.00, while it has fallen to a 52-week low of $76.95. The 50-Day Moving Average of the stock is -5.51%, while the 200-Day Moving Average is calculated to be -10.40%.
Shares Statistics:
The stock has traded on average 1.32M shares per day over the past 3-months and 1484230 shares per day over the last 10 days, according to various share statistics. A total of 71.36M shares are outstanding, with a floating share count of 69.38M. Insiders hold about 27.08% of the company’s shares, while institutions hold 66.84% stake in the company. Shares short for MMYT as of 1752537600 were 4094861 with a Short Ratio of 3.09, compared to 1749772800 on 2088618. Therefore, it implies a Short% of Shares Outstanding of 4094861 and a Short% of Float of 5.56.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
