For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Weave Communications Inc (NYSE: WEAV) closed at $15.61 in the last session, up 0.84% from day before closing price of $15.48. In other words, the price has increased by $0.84 from its previous closing price. On the day, 0.75 million shares were traded. WEAV stock price reached its highest trading level at $16.0 during the session, while it also had its lowest trading level at $15.53.
Ratios:
We take a closer look at WEAV’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 11.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 158.43. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.67.
On January 02, 2024, Piper Sandler Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $8 to $15.
Loop Capital Upgraded its Hold to Buy on June 26, 2023, whereas the target price for the stock was revised from $5 to $13.
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 Dec 18 ’24 when Taylor Alan sold 12,044 shares for $16.15 per share. The transaction valued at 194,511 led to the insider holds 287,798 shares of the business.
Taylor Alan sold 1,892 shares of WEAV for $30,272 on Dec 17 ’24. The Chief Financial Officer now owns 299,842 shares after completing the transaction at $16.00 per share. On Dec 19 ’24, another insider, Taylor Alan, who serves as the Officer of the company, bought 100 shares for $16.00 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WEAV now has a Market Capitalization of 1135956864 and an Enterprise Value of 1094489984. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.80 while its Price-to-Book (P/B) ratio in mrq is 16.44. Its current Enterprise Value per Revenue stands at 5.589 whereas that against EBITDA is -50.075.
Stock Price History:
Over the past 52 weeks, WEAV has reached a high of $16.33, while it has fallen to a 52-week low of $8.10. The 50-Day Moving Average of the stock is 11.82%, while the 200-Day Moving Average is calculated to be 38.01%.
Shares Statistics:
According to the various share statistics, WEAV traded on average about 958.68K shares per day over the past 3-months and 1092360 shares per day over the past 10 days. A total of 72.52M shares are outstanding, with a floating share count of 56.46M. Insiders hold about 22.41% of the company’s shares, while institutions hold 51.77% stake in the company. Shares short for WEAV as of 1732838400 were 1427178 with a Short Ratio of 1.49, compared to 1730332800 on 946308. Therefore, it implies a Short% of Shares Outstanding of 1427178 and a Short% of Float of 3.5099998.
