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The closing price of Krispy Kreme Inc (NASDAQ: DNUT) was $11.37 for the day, up 1.52% from the previous closing price of $11.20. In other words, the price has increased by $1.52 from its previous closing price. On the day, 1.64 million shares were traded. DNUT stock price reached its highest trading level at $11.45 during the session, while it also had its lowest trading level at $11.025.
Ratios:
Our analysis of DNUT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.26 and its Current Ratio is at 0.34. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 1.18.
On July 23, 2024, HSBC Securities Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $14.
Truist Upgraded its Hold to Buy on June 10, 2024, whereas the target price for the stock was revised from $13 to $15.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 16 ’24 when McBride Kelly P sold 16,488 shares for $12.13 per share. The transaction valued at 199,999 led to the insider holds 62,080 shares of the business.
McBride Kelly P bought 16,488 shares of DNUT for $199,999 on Sep 16 ’24. On Mar 11 ’24, another insider, Tattersfield Michael J., who serves as the Director of the company, sold 100,000 shares for $12.82 each. As a result, the insider received 1,282,090 and left with 2,936,940 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, DNUT now has a Market Capitalization of 1928352000 and an Enterprise Value of 3457470976. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.11 while its Price-to-Book (P/B) ratio in mrq is 1.69. Its current Enterprise Value per Revenue stands at 1.987 whereas that against EBITDA is 21.786.
Stock Price History:
Over the past 52 weeks, DNUT has reached a high of $17.84, while it has fallen to a 52-week low of $9.18. The 50-Day Moving Average of the stock is 0.59%, while the 200-Day Moving Average is calculated to be -5.01%.
Shares Statistics:
DNUT traded an average of 1.37M shares per day over the past three months and 1117590 shares per day over the past ten days. A total of 168.63M shares are outstanding, with a floating share count of 82.70M. Insiders hold about 51.24% of the company’s shares, while institutions hold 53.40% stake in the company. Shares short for DNUT as of 1728950400 were 17679423 with a Short Ratio of 12.89, compared to 1726185600 on 18156798. Therefore, it implies a Short% of Shares Outstanding of 17679423 and a Short% of Float of 20.27.
Dividends & Splits
With its trailing 12-month dividend rate of 0.14, DNUT has a forward annual dividend rate of 0.14. Against a Trailing Annual Dividend Yield of 0.0125