Daily Market Movement: GoodRx Holdings Inc (GDRX) Sees a 2.27 Increase, Closing at 4.95

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The closing price of GoodRx Holdings Inc (NASDAQ: GDRX) was $4.95 for the day, up 2.27% from the previous closing price of $4.84. In other words, the price has increased by $2.27 from its previous closing price. On the day, 1.1 million shares were traded. GDRX stock price reached its highest trading level at $4.97 during the session, while it also had its lowest trading level at $4.75.

Ratios:

Our analysis of GDRX’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 4.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.24. For the most recent quarter (mrq), Quick Ratio is recorded 5.48 and its Current Ratio is at 5.48. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.77.

On May 23, 2024, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform and also upped its target price recommendation from $8 to $10.

Raymond James Upgraded its Mkt Perform to Outperform on May 16, 2024, while the target price for the stock was maintained at $10.

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 Dec 02 ’24 when Bradley Julie MB bought 95,255 shares for $4.95 per share.

Spectrum Equity VII, L.P. sold 10,677 shares of GDRX for $83,922 on Sep 03 ’24. The 10% Owner now owns 0 shares after completing the transaction at $7.86 per share. On Sep 03 ’24, another insider, Spectrum VII Investment Manage, who serves as the Affiliate of the company, bought 6,828 shares for $7.86 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GDRX now has a Market Capitalization of 1886652928 and an Enterprise Value of 2000141696. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.38 while its Price-to-Book (P/B) ratio in mrq is 2.71. Its current Enterprise Value per Revenue stands at 2.531 whereas that against EBITDA is 18.76.

Stock Price History:

Over the past 52 weeks, GDRX has reached a high of $9.26, while it has fallen to a 52-week low of $4.09. The 50-Day Moving Average of the stock is -17.18%, while the 200-Day Moving Average is calculated to be -30.78%.

Shares Statistics:

GDRX traded an average of 1.34M shares per day over the past three months and 1914670 shares per day over the past ten days. A total of 103.93M shares are outstanding, with a floating share count of 85.81M. Insiders hold about 77.49% of the company’s shares, while institutions hold 17.96% stake in the company. Shares short for GDRX as of 1731628800 were 7479267 with a Short Ratio of 5.57, compared to 1728950400 on 8956174. Therefore, it implies a Short% of Shares Outstanding of 7479267 and a Short% of Float of 8.01.

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