Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, MakeMyTrip Ltd (NASDAQ: MMYT) closed at $90.96 up 0.11% from its previous closing price of $90.86. In other words, the price has increased by $0.11 from its previous closing price. On the day, 1.05 million shares were traded. MMYT stock price reached its highest trading level at $91.11 during the session, while it also had its lowest trading level at $89.72.
Ratios:
For a deeper understanding of MakeMyTrip Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.04.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 8654607360 and an Enterprise Value of 10363544576. As of this moment, MakeMyTrip’s Price-to-Earnings (P/E) ratio for their current fiscal year is 109.78, and their Forward P/E ratio for the next fiscal year is 50.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.85 while its Price-to-Book (P/B) ratio in mrq is 8.62. Its current Enterprise Value per Revenue stands at 10.593 whereas that against EBITDA is 75.205.
Stock Price History:
The Beta on a monthly basis for MMYT is 0.87, which has changed by 0.057305574 over the last 52 weeks, in comparison to a change of 0.10611236 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 -9.06%, while the 200-Day Moving Average is calculated to be -11.87%.
Shares Statistics:
For the past three months, MMYT has traded an average of 1.19M shares per day and 1223130 over the past ten days. 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 91.63% stake in the company. Shares short for MMYT as of 1749772800 were 2088618 with a Short Ratio of 3.55, compared to 1747267200 on 2423315. Therefore, it implies a Short% of Shares Outstanding of 2088618 and a Short% of Float of 3.7699999999999996.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0