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Maplebear Inc. (NASDAQ: CART) closed the day trading at $37.48 down -0.11% from the previous closing price of $37.52. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 6.61 million shares were traded. CART stock price reached its highest trading level at $37.64 during the session, while it also had its lowest trading level at $36.74.
Ratios:
For a better understanding of CART, 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 4.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.78. For the most recent quarter (mrq), Quick Ratio is recorded 4.51 and its Current Ratio is at 4.51. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Loop Capital on April 19, 2024, initiated with a Buy rating and assigned the stock a target price of $46.
On March 25, 2024, Macquarie started tracking the stock assigning a Outperform rating and target price of $42.Macquarie initiated its Outperform rating on March 25, 2024, with a $42 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 May 01 ’24 when Ramsay Alan sold 12,178 shares for $34.90 per share. The transaction valued at 425,001 led to the insider holds 118,142 shares of the business.
Simo Fidji sold 3,236 shares of CART for $113,551 on May 01 ’24. The PRESIDENT AND CEO now owns 2,125,301 shares after completing the transaction at $35.09 per share. On Apr 30 ’24, another insider, Simo Fidji, who serves as the PRESIDENT AND CEO of the company, sold 4,308 shares for $35.01 each. As a result, the insider received 150,810 and left with 2,128,537 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, CART now has a Market Capitalization of 9970916352 and an Enterprise Value of 8030035968. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.28 while its Price-to-Book (P/B) ratio in mrq is 2.79. Its current Enterprise Value per Revenue stands at 2.64 whereas that against EBITDA is -3.809.
Stock Price History:
Over the past 52 weeks, CART has reached a high of $42.95, while it has fallen to a 52-week low of $22.13. The 50-Day Moving Average of the stock is 4.31%, while the 200-Day Moving Average is calculated to be 29.59%.
Shares Statistics:
Over the past 3-months, CART traded about 4.83M shares per day on average, while over the past 10 days, CART traded about 3880040 shares per day. A total of 279.05M shares are outstanding, with a floating share count of 94.28M. Insiders hold about 64.62% of the company’s shares, while institutions hold 32.70% stake in the company. Shares short for CART as of 1713139200 were 7504240 with a Short Ratio of 1.55, compared to 1710460800 on 8661065. Therefore, it implies a Short% of Shares Outstanding of 7504240 and a Short% of Float of 13.370000000000001.
