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Samsara Inc (NYSE: IOT) closed the day trading at $33.71 up 7.53% from the previous closing price of $31.35. In other words, the price has increased by $7.53 from its previous closing price. On the day, 4.89 million shares were traded. IOT stock price reached its highest trading level at $33.79 during the session, while it also had its lowest trading level at $31.7511.
Ratios:
For a better understanding of IOT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.09.
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 18, 2024, initiated with a Buy rating and assigned the stock a target price of $42.
On October 25, 2023, FBN Securities started tracking the stock assigning a Outperform rating and target price of $30.
On April 21, 2023, Truist started tracking the stock assigning a Hold rating and target price of $20.Truist initiated its Hold rating on April 21, 2023, with a $20 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 Apr 16 ’24 when Biswas Sanjit sold 96,000 shares for $30.73 per share. The transaction valued at 2,950,277 led to the insider holds 1,115,921 shares of the business.
Bicket John sold 96,000 shares of IOT for $2,950,268 on Apr 16 ’24. The insider now owns 1,019,382 shares after completing the transaction at $30.73 per share. On Apr 15 ’24, another insider, Eltoukhy Adam, who serves as the insider of the company, sold 10,422 shares for $30.78 each. As a result, the insider received 320,832 and left with 535,149 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, IOT now has a Market Capitalization of 18558130176 and an Enterprise Value of 16810715136. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.80 while its Price-to-Book (P/B) ratio in mrq is 20.11. Its current Enterprise Value per Revenue stands at 17.934 whereas that against EBITDA is -70.284.
Stock Price History:
Over the past 52 weeks, IOT has reached a high of $40.54, while it has fallen to a 52-week low of $16.63. The 50-Day Moving Average of the stock is -2.66%, while the 200-Day Moving Average is calculated to be 13.55%.
Shares Statistics:
Over the past 3-months, IOT traded about 3.88M shares per day on average, while over the past 10 days, IOT traded about 3067170 shares per day. A total of 200.99M shares are outstanding, with a floating share count of 182.78M. Insiders hold about 66.80% of the company’s shares, while institutions hold 26.97% stake in the company. Shares short for IOT as of 1711584000 were 12040311 with a Short Ratio of 3.10, compared to 1709164800 on 11364367. Therefore, it implies a Short% of Shares Outstanding of 12040311 and a Short% of Float of 6.59.
