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The price of SMART Global Holdings Inc (NASDAQ: SGH) closed at $20.54 in the last session, up 1.08% from day before closing price of $20.32. In other words, the price has increased by $1.08 from its previous closing price. On the day, 0.55 million shares were traded. SGH stock price reached its highest trading level at $20.81 during the session, while it also had its lowest trading level at $20.2.
Ratios:
We take a closer look at SGH’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 2.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.61. For the most recent quarter (mrq), Quick Ratio is recorded 2.18 and its Current Ratio is at 2.68. In the meantime, Its Debt-to-Equity ratio is 1.72 whereas as Long-Term Debt/Eq ratio is at 1.72.
On June 30, 2022, Needham reiterated its Buy rating and also upped its target price recommendation from $45 to $40.
Rosenblatt reiterated its Buy rating for the stock on December 27, 2021, while the target price for the stock was revised from $75 to $100.
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 Sep 20 ’24 when Pacheco Jack A sold 13,334 shares for $20.02 per share. The transaction valued at 266,951 led to the insider holds 211,896 shares of the business.
Pacheco Jack A sold 13,333 shares of SGH for $281,822 on Aug 20 ’24. The EVP, COO, Pres, Mem Solutions now owns 211,896 shares after completing the transaction at $21.14 per share. On Jul 26 ’24, another insider, Pacheco Jack A, who serves as the EVP, COO, Pres, Mem Solutions of the company, sold 13,333 shares for $23.16 each. As a result, the insider received 308,835 and left with 211,896 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, SGH now has a Market Capitalization of 1086870016 and an Enterprise Value of 1363665664. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.92 while its Price-to-Book (P/B) ratio in mrq is 2.56. Its current Enterprise Value per Revenue stands at 1.159 whereas that against EBITDA is 12.943.
Stock Price History:
Over the past 52 weeks, SGH has reached a high of $29.81, while it has fallen to a 52-week low of $12.66. The 50-Day Moving Average of the stock is 0.97%, while the 200-Day Moving Average is calculated to be -3.31%.
Shares Statistics:
According to the various share statistics, SGH traded on average about 1.15M shares per day over the past 3-months and 1279320 shares per day over the past 10 days. A total of 51.90M shares are outstanding, with a floating share count of 51.12M. Insiders hold about 3.40% of the company’s shares, while institutions hold 106.09% stake in the company. Shares short for SGH as of 1726185600 were 5597918 with a Short Ratio of 4.85, compared to 1723680000 on 5913411. Therefore, it implies a Short% of Shares Outstanding of 5597918 and a Short% of Float of 15.409999999999998.
