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As of close of business last night, Udemy Inc’s stock clocked out at $8.73, up 2.22% from its previous closing price of $8.54. In other words, the price has increased by $2.22 from its previous closing price. On the day, 1.31 million shares were traded. UDMY stock price reached its highest trading level at $9.03 during the session, while it also had its lowest trading level at $8.605.
Ratios:
To gain a deeper understanding of UDMY’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.52. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on September 27, 2024, Downgraded its rating to Underweight and sets its target price to $7.50 from $10 previously.
On August 08, 2024, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $12.
BofA Securities Downgraded its Buy to Neutral on August 01, 2024, while the target price for the stock was maintained at $8.50.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 06 ’24 when EREN BALI bought 75,000 shares for $8.54 per share.
VELAYUDHAN PILLAI VENUGOPAL bought 100,000 shares of UDMY for $875,830 on Nov 06 ’24. On Nov 05 ’24, another insider, VELAYUDHAN PILLAI VENUGOPAL, who serves as the Officer of the company, bought 40,000 shares for $8.30 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UDMY now has a Market Capitalization of 1273715584 and an Enterprise Value of 928723392. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 6.53. Its current Enterprise Value per Revenue stands at 1.197 whereas that against EBITDA is -10.837.
Stock Price History:
Over the past 52 weeks, UDMY has reached a high of $16.01, while it has fallen to a 52-week low of $6.67. The 50-Day Moving Average of the stock is 9.67%, while the 200-Day Moving Average is calculated to be -7.32%.
Shares Statistics:
It appears that UDMY traded 811.98K shares on average per day over the past three months and 820520 shares per day over the past ten days. A total of 157.17M shares are outstanding, with a floating share count of 78.37M. Insiders hold about 47.88% of the company’s shares, while institutions hold 42.56% stake in the company. Shares short for UDMY as of 1728950400 were 7432935 with a Short Ratio of 9.15, compared to 1726185600 on 7801081. Therefore, it implies a Short% of Shares Outstanding of 7432935 and a Short% of Float of 8.430000399999999.
