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The price of Clarivate Plc (NYSE: CLVT) closed at $6.65 in the last session, down -0.75% from day before closing price of $6.70. In other words, the price has decreased by -$0.75 from its previous closing price. On the day, 3.96 million shares were traded. CLVT stock price reached its highest trading level at $6.8 during the session, while it also had its lowest trading level at $6.585.
Ratios:
We take a closer look at CLVT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.66. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.84.
On October 16, 2023, Jefferies Upgraded its rating to Buy which previously was Hold and also lowered its target price recommendation from $10 to $8.50.
Barclays Downgraded its Equal Weight to Underweight on September 08, 2023, whereas the target price for the stock was revised from $8 to $7.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 09 ’24 when Snyder Andrew Miles bought 262,000 shares for $5.67 per share. The transaction valued at 1,485,540 led to the insider holds 550,334 shares of the business.
Snyder Andrew Miles bought 28,938 shares of CLVT for $158,870 on Aug 08 ’24. The Director now owns 288,334 shares after completing the transaction at $5.49 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLVT now has a Market Capitalization of 4815537664 and an Enterprise Value of 9180037120. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.85 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 3.528 whereas that against EBITDA is 9.248.
Stock Price History:
Over the past 52 weeks, CLVT has reached a high of $9.60, while it has fallen to a 52-week low of $4.97. The 50-Day Moving Average of the stock is 9.56%, while the 200-Day Moving Average is calculated to be -7.91%.
Shares Statistics:
According to the various share statistics, CLVT traded on average about 4.60M shares per day over the past 3-months and 4246200 shares per day over the past 10 days. A total of 666.10M shares are outstanding, with a floating share count of 424.36M. Insiders hold about 41.40% of the company’s shares, while institutions hold 62.23% stake in the company. Shares short for CLVT as of 1723680000 were 29366138 with a Short Ratio of 6.38, compared to 1721001600 on 29557599. Therefore, it implies a Short% of Shares Outstanding of 29366138 and a Short% of Float of 5.1499999999999995.
