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The closing price of DoubleVerify Holdings Inc (NYSE: DV) was $18.31 for the day, down -0.33% from the previous closing price of $18.37. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 3.42 million shares were traded. DV stock price reached its highest trading level at $18.66 during the session, while it also had its lowest trading level at $18.17.
Ratios:
Our analysis of DV’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.53. For the most recent quarter (mrq), Quick Ratio is recorded 7.04 and its Current Ratio is at 7.04. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
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 the company, Morgan Stanley on June 25, 2024, Downgraded its rating to Equal-Weight and sets its target price to $21 from $40 previously.
On May 09, 2024, BofA Securities Downgraded its rating to Underperform which previously was Buy and also lowered its target price recommendation from $45 to $18.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 06 ’24 when Allais Nicola T sold 1,764 shares for $19.22 per share. The transaction valued at 33,908 led to the insider holds 77,314 shares of the business.
Nicola Allais bought 21,168 shares of DV for $409,177 on Aug 05 ’24. On Aug 05 ’24, another insider, Allais Nicola T, who serves as the Chief Financial Officer of the company, sold 1,764 shares for $19.25 each. As a result, the insider received 33,949 and left with 77,314 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, DV now has a Market Capitalization of 3111674624 and an Enterprise Value of 2865315584. As of this moment, DoubleVerify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 52.46, and their Forward P/E ratio for the next fiscal year is 18.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.08 while its Price-to-Book (P/B) ratio in mrq is 2.84. Its current Enterprise Value per Revenue stands at 4.675 whereas that against EBITDA is 25.596.
Stock Price History:
Over the past 52 weeks, DV has reached a high of $43.00, while it has fallen to a 52-week low of $17.50. The 50-Day Moving Average of the stock is -5.70%, while the 200-Day Moving Average is calculated to be -37.67%.
Shares Statistics:
DV traded an average of 2.83M shares per day over the past three months and 2949460 shares per day over the past ten days. A total of 171.15M shares are outstanding, with a floating share count of 143.08M. Insiders hold about 15.86% of the company’s shares, while institutions hold 90.07% stake in the company. Shares short for DV as of 1722384000 were 7054653 with a Short Ratio of 2.49, compared to 1719532800 on 6006166. Therefore, it implies a Short% of Shares Outstanding of 7054653 and a Short% of Float of 6.0399998.
