Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Definitive Healthcare Corp (NASDAQ: DH) closed at $7.27 down -0.82% from its previous closing price of $7.33. In other words, the price has decreased by -$0.82 from its previous closing price. On the day, 0.73 million shares were traded. DH stock price reached its highest trading level at $7.57 during the session, while it also had its lowest trading level at $7.24.
Ratios:
For a deeper understanding of Definitive Healthcare Corp’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 2.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.41. For the most recent quarter (mrq), Quick Ratio is recorded 2.23 and its Current Ratio is at 2.23. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.29.
Robert W. Baird Downgraded its Outperform to Neutral on July 24, 2023, while the target price for the stock was maintained at $13.
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 Aug 24 ’23 when SEA VII Management, LLC sold 6,656 shares for $9.39 per share. The transaction valued at 62,500 led to the insider holds 1,441,657 shares of the business.
SEA VII Management, LLC sold 6,240 shares of DH for $56,846 on May 12 ’23. The Director now owns 1,743,478 shares after completing the transaction at $9.11 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, DH now has a Market Capitalization of 856326016 and an Enterprise Value of 1157160832. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.41 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 4.603 whereas that against EBITDA is 55.529.
Stock Price History:
Over the past 52 weeks, DH has reached a high of $12.45, while it has fallen to a 52-week low of $5.53. The 50-Day Moving Average of the stock is -12.77%, while the 200-Day Moving Average is calculated to be -17.18%.
Shares Statistics:
For the past three months, DH has traded an average of 516.75K shares per day and 671740 over the past ten days. A total of 116.56M shares are outstanding, with a floating share count of 48.63M. Insiders hold about 58.72% of the company’s shares, while institutions hold 44.96% stake in the company. Shares short for DH as of 1711584000 were 7440074 with a Short Ratio of 14.40, compared to 1709164800 on 7465780. Therefore, it implies a Short% of Shares Outstanding of 7440074 and a Short% of Float of 13.669999999999998.
