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The closing price of Weave Communications Inc (NYSE: WEAV) was $14.00 for the day, up 0.14% from the previous closing price of $13.98. In other words, the price has increased by $0.14 from its previous closing price. On the day, 1.28 million shares were traded. WEAV stock price reached its highest trading level at $14.0599 during the session, while it also had its lowest trading level at $13.76.
Ratios:
Our analysis of WEAV’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 10.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 140.22. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.67.
On January 02, 2024, Piper Sandler Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $8 to $15.
Loop Capital Upgraded its Hold to Buy on June 26, 2023, whereas the target price for the stock was revised from $5 to $13.
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 06 ’24 when CROSSLINK CAPITAL INC sold 125,000 shares for $13.99 per share. The transaction valued at 1,748,750 led to the insider holds 7,915,955 shares of the business.
Crosslink Crossover Fund VII, bought 125,000 shares of WEAV for $1,648,750 on Nov 06 ’24. On Nov 01 ’24, another insider, CROSSLINK CAPITAL INC, who serves as the 10% Owner of the company, sold 89,555 shares for $12.98 each. As a result, the insider received 1,162,424 and left with 8,116,688 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, WEAV now has a Market Capitalization of 1015247744 and an Enterprise Value of 973780544. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.13 while its Price-to-Book (P/B) ratio in mrq is 14.75. Its current Enterprise Value per Revenue stands at 4.972 whereas that against EBITDA is -45.016.
Stock Price History:
Over the past 52 weeks, WEAV has reached a high of $14.34, while it has fallen to a 52-week low of $7.76. The 50-Day Moving Average of the stock is 12.95%, while the 200-Day Moving Average is calculated to be 26.60%.
Shares Statistics:
WEAV traded an average of 631.01K shares per day over the past three months and 1415300 shares per day over the past ten days. A total of 70.12M shares are outstanding, with a floating share count of 48.26M. Insiders hold about 32.79% of the company’s shares, while institutions hold 50.03% stake in the company. Shares short for WEAV as of 1728950400 were 892720 with a Short Ratio of 1.41, compared to 1726185600 on 427210. Therefore, it implies a Short% of Shares Outstanding of 892720 and a Short% of Float of 2.21.
