Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of FiscalNote Holdings Inc (NYSE: NOTE) was $1.33 for the day, down -2.92% from the previous closing price of $1.37. In other words, the price has decreased by -$2.92 from its previous closing price. On the day, 6.19 million shares were traded. NOTE stock price reached its highest trading level at $1.52 during the session, while it also had its lowest trading level at $1.3.
Ratios:
Our analysis of NOTE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 0.77. In the meantime, Its Debt-to-Equity ratio is 1.83 whereas as Long-Term Debt/Eq ratio is at 1.69.
On July 26, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $5.
On June 21, 2023, ROTH MKM started tracking the stock assigning a Buy rating and target price of $4.75.ROTH MKM initiated its Buy rating on June 21, 2023, with a $4.75 target price.
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 Jan 02 ’25 when Hwang Tim sold 59,149 shares for $1.04 per share. The transaction valued at 61,650 led to the insider holds 2,293,924 shares of the business.
Resnik Josh sold 3,411 shares of NOTE for $3,465 on Dec 31 ’24. The President and CEO now owns 1,230,183 shares after completing the transaction at $1.02 per share. On Jan 03 ’25, another insider, Hwang Tim, who serves as the Officer of the company, bought 34,149 shares for $1.06 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NOTE now has a Market Capitalization of 192439040 and an Enterprise Value of 334891520. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.54 while its Price-to-Book (P/B) ratio in mrq is 1.90. Its current Enterprise Value per Revenue stands at 2.678 whereas that against EBITDA is -11.252.
Stock Price History:
Over the past 52 weeks, NOTE has reached a high of $2.27, while it has fallen to a 52-week low of $0.75. The 50-Day Moving Average of the stock is 36.02%, while the 200-Day Moving Average is calculated to be 5.23%.
Shares Statistics:
NOTE traded an average of 1.44M shares per day over the past three months and 3909750 shares per day over the past ten days. A total of 132.58M shares are outstanding, with a floating share count of 115.54M. Insiders hold about 20.15% of the company’s shares, while institutions hold 39.21% stake in the company. Shares short for NOTE as of 1734048000 were 7637802 with a Short Ratio of 5.30, compared to 1731628800 on 7573979. Therefore, it implies a Short% of Shares Outstanding of 7637802 and a Short% of Float of 24.92.
