Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Definitive Healthcare Corp (NASDAQ: DH) closed the day trading at $2.83 down -12.38% from the previous closing price of $3.23. In other words, the price has decreased by -$12.38 from its previous closing price. On the day, 1.41 million shares were traded.
Ratios:
For a better understanding of DH, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.40. For the most recent quarter (mrq), Quick Ratio is recorded 2.21 and its Current Ratio is at 2.21. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.53.
On December 20, 2024, Stephens started tracking the stock assigning a Equal-Weight rating and target price of $5.
On September 17, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $7.BTIG Research initiated its Buy rating on September 17, 2024, with a $7 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 03 ’24 when Moschella William sold 45,000 shares for $4.70 per share. The transaction valued at 211,500 led to the insider holds 433,830 shares of the business.
Moschella William bought 45,000 shares of DH for $209,250 on Dec 03 ’24.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.71 while its Price-to-Book (P/B) ratio in mrq is 0.73.
Stock Price History:
Over the past 52 weeks, DH has reached a high of $10.62, while it has fallen to a 52-week low of $2.58. The 50-Day Moving Average of the stock is -38.35%, while the 200-Day Moving Average is calculated to be -40.04%.
Shares Statistics:
A total of 113.95M shares are outstanding, with a floating share count of 44.11M. Insiders hold about 60.93% of the company’s shares, while institutions hold 37.85% stake in the company.
