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Clarivate Plc (NYSE: CLVT) closed the day trading at $6.62 down -1.63% from the previous closing price of $6.73. In other words, the price has decreased by -$1.63 from its previous closing price. On the day, 3.01 million shares were traded. CLVT stock price reached its highest trading level at $6.745 during the session, while it also had its lowest trading level at $6.5723.
Ratios:
For a better understanding of CLVT, 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 12.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.61. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.84.
On October 16, 2023, Jefferies Upgraded its rating to Buy which previously was Hold and also lowered its target price recommendation from $10 to $8.50.
Barclays Downgraded its Equal Weight to Underweight on September 08, 2023, whereas the target price for the stock was revised from $8 to $7.
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 Sep 19 ’24 when Veinstein Bar sold 120,000 shares for $7.00 per share. The transaction valued at 840,000 led to the insider holds 976,583 shares of the business.
BAR VEINSTEIN bought 120,000 shares of CLVT for $840,000 on Sep 19 ’24. On Aug 30 ’24, another insider, SAHA SAURABH, who serves as the Director of the company, sold 17,646 shares for $6.75 each. As a result, the insider received 119,110 and left with 23,741 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, CLVT now has a Market Capitalization of 4793813504 and an Enterprise Value of 9158312960. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 3.519 whereas that against EBITDA is 9.227.
Stock Price History:
Over the past 52 weeks, CLVT has reached a high of $9.60, while it has fallen to a 52-week low of $4.97. The 50-Day Moving Average of the stock is 1.38%, while the 200-Day Moving Average is calculated to be -6.98%.
Shares Statistics:
Over the past 3-months, CLVT traded about 4.21M shares per day on average, while over the past 10 days, CLVT traded about 3631980 shares per day. A total of 666.10M shares are outstanding, with a floating share count of 424.56M. Insiders hold about 41.37% of the company’s shares, while institutions hold 61.58% stake in the company. Shares short for CLVT as of 1726185600 were 31436870 with a Short Ratio of 7.46, compared to 1723680000 on 29366138. Therefore, it implies a Short% of Shares Outstanding of 31436870 and a Short% of Float of 5.510000000000001.
