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The price of Clearwater Analytics Holdings Inc (NYSE: CWAN) closed at $20.22 in the last session, up 1.05% from day before closing price of $20.01. In other words, the price has increased by $1.05 from its previous closing price. On the day, 1.34 million shares were traded. CWAN stock price reached its highest trading level at $20.4 during the session, while it also had its lowest trading level at $19.78.
Ratios:
We take a closer look at CWAN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 54.31. For the most recent quarter (mrq), Quick Ratio is recorded 5.53 and its Current Ratio is at 5.53. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.18.
On February 29, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $24 to $22.
On November 07, 2023, UBS started tracking the stock assigning a Buy rating and target price of $24.UBS initiated its Buy rating on November 07, 2023, with a $24 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 16 ’24 when Erickson Scott Stanley sold 3,890 shares for $19.50 per share. The transaction valued at 75,855 led to the insider holds 4,844 shares of the business.
Das Souvik sold 25,000 shares of CWAN for $473,018 on Jul 15 ’24. The Chief Technology Officer now owns 10,453 shares after completing the transaction at $18.92 per share. On Jul 15 ’24, another insider, Cox James S, who serves as the Chief Financial Officer of the company, sold 11,275 shares for $18.92 each. As a result, the insider received 213,361 and left with 232,503 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, CWAN now has a Market Capitalization of 5472199168 and an Enterprise Value of 4266289920. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.44 while its Price-to-Book (P/B) ratio in mrq is 12.23. Its current Enterprise Value per Revenue stands at 11.045 whereas that against EBITDA is 290.342.
Stock Price History:
The Beta on a monthly basis for CWAN is 0.58, which has changed by 0.19221699 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, CWAN has reached a high of $21.89, while it has fallen to a 52-week low of $15.62. The 50-Day Moving Average of the stock is 6.08%, while the 200-Day Moving Average is calculated to be 7.62%.
Shares Statistics:
According to the various share statistics, CWAN traded on average about 1.71M shares per day over the past 3-months and 1468440 shares per day over the past 10 days. A total of 127.60M shares are outstanding, with a floating share count of 119.94M. Insiders hold about 45.11% of the company’s shares, while institutions hold 67.97% stake in the company. Shares short for CWAN as of 1719532800 were 6841533 with a Short Ratio of 4.01, compared to 1717113600 on 8280912. Therefore, it implies a Short% of Shares Outstanding of 6841533 and a Short% of Float of 4.7.
