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The closing price of Snap Inc (NYSE: SNAP) was $10.59 for the day, up 0.76% from the previous closing price of $10.51. In other words, the price has increased by $0.76 from its previous closing price. On the day, 17.56 million shares were traded. SNAP stock price reached its highest trading level at $10.77 during the session, while it also had its lowest trading level at $10.463.
Ratios:
Our analysis of SNAP’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 5.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 120.70. For the most recent quarter (mrq), Quick Ratio is recorded 4.04 and its Current Ratio is at 4.04. In the meantime, Its Debt-to-Equity ratio is 1.92 whereas as Long-Term Debt/Eq ratio is at 1.89.
On September 20, 2024, B. Riley Securities started tracking the stock assigning a Neutral rating and target price of $11.
On September 05, 2024, Cantor Fitzgerald started tracking the stock assigning a Neutral rating and target price of $8.Cantor Fitzgerald initiated its Neutral rating on September 05, 2024, with a $8 target price.
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 Nov 18 ’24 when Young Eric sold 112,020 shares for $10.55 per share. The transaction valued at 1,181,285 led to the insider holds 2,791,048 shares of the business.
O’Sullivan Michael J. sold 12,315 shares of SNAP for $129,857 on Nov 18 ’24. The General Counsel now owns 1,195,567 shares after completing the transaction at $10.54 per share. On Nov 18 ’24, another insider, Morrow Rebecca, who serves as the CAO of the company, sold 11,154 shares for $10.55 each. As a result, the insider received 117,635 and left with 465,064 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, SNAP now has a Market Capitalization of 17627480064 and an Enterprise Value of 18810036224. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.44 while its Price-to-Book (P/B) ratio in mrq is 8.01. Its current Enterprise Value per Revenue stands at 3.642 whereas that against EBITDA is -24.487.
Stock Price History:
Over the past 52 weeks, SNAP has reached a high of $17.90, while it has fallen to a 52-week low of $8.29. The 50-Day Moving Average of the stock is -1.85%, while the 200-Day Moving Average is calculated to be -13.49%.
Shares Statistics:
SNAP traded an average of 27.10M shares per day over the past three months and 30721620 shares per day over the past ten days. A total of 1.39B shares are outstanding, with a floating share count of 1.07B. Insiders hold about 36.26% of the company’s shares, while institutions hold 51.81% stake in the company. Shares short for SNAP as of 1730332800 were 79995768 with a Short Ratio of 2.95, compared to 1727654400 on 69763285. Therefore, it implies a Short% of Shares Outstanding of 79995768 and a Short% of Float of 8.61.
