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In the latest session, Adeia Inc (NASDAQ: ADEA) closed at $13.60 down -2.09% from its previous closing price of $13.89. In other words, the price has decreased by -$2.09 from its previous closing price. On the day, 0.66 million shares were traded. ADEA stock price reached its highest trading level at $13.83 during the session, while it also had its lowest trading level at $13.5725.
Ratios:
For a deeper understanding of Adeia Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.94. For the most recent quarter (mrq), Quick Ratio is recorded 3.53 and its Current Ratio is at 3.53. In the meantime, Its Debt-to-Equity ratio is 1.22 whereas as Long-Term Debt/Eq ratio is at 1.17.
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 this company, Rosenblatt on February 23, 2024, initiated with a Buy rating and assigned the stock a target price of $15.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADEA now has a Market Capitalization of 1462122496 and an Enterprise Value of 1837147264. As of this moment, Adeia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.85, and their Forward P/E ratio for the next fiscal year is 9.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.89 while its Price-to-Book (P/B) ratio in mrq is 3.71. Its current Enterprise Value per Revenue stands at 4.886 whereas that against EBITDA is 8.543.
Stock Price History:
The Beta on a monthly basis for ADEA is 2.14, which has changed by 0.26042628 over the last 52 weeks, in comparison to a change of 0.07465422 over the same period for the S&P500. Over the past 52 weeks, ADEA has reached a high of $17.46, while it has fallen to a 52-week low of $9.68. The 50-Day Moving Average of the stock is -2.53%, while the 200-Day Moving Average is calculated to be 8.79%.
Shares Statistics:
For the past three months, ADEA has traded an average of 631.68K shares per day and 591623 over the past ten days. A total of 108.07M shares are outstanding, with a floating share count of 104.90M. Insiders hold about 2.42% of the company’s shares, while institutions hold 100.16% stake in the company. Shares short for ADEA as of 1740700800 were 3211689 with a Short Ratio of 5.08, compared to 1738281600 on 3399539. Therefore, it implies a Short% of Shares Outstanding of 3211689 and a Short% of Float of 5.1999997.
Dividends & Splits
According to the company, the forward annual dividend rate for ADEA is 0.20, from 0.2 in the trailing year. Against a Trailing Annual Dividend Yield of 0.014398848The stock’s 5-year Average Dividend Yield is 2.14.
