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The price of Funko Inc (NASDAQ: FNKO) closed at $9.73 in the last session, up 3.18% from day before closing price of $9.43. In other words, the price has increased by $3.18 from its previous closing price. On the day, 0.66 million shares were traded. FNKO stock price reached its highest trading level at $9.91 during the session, while it also had its lowest trading level at $9.5.
Ratios:
We take a closer look at FNKO’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 12.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.53. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 1.37 whereas as Long-Term Debt/Eq ratio is at 0.79.
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, B. Riley Securities on April 10, 2024, initiated with a Buy rating and assigned the stock a target price of $10.
On February 01, 2023, Goldman Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $22 to $8.50.
Jefferies Downgraded its Buy to Hold on January 12, 2023, whereas the target price for the stock was revised from $15 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 Aug 15 ’24 when LUNSFORD MICHAEL C sold 5,900 shares for $9.55 per share. The transaction valued at 56,355 led to the insider holds 98,974 shares of the business.
LUNSFORD MICHAEL C sold 100 shares of FNKO for $963 on Aug 13 ’24. The Director now owns 98,974 shares after completing the transaction at $9.63 per share. On Aug 15 ’24, another insider, MICHAEL LUNSFORD, who serves as the Director of the company, bought 5,900 shares for $9.55 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FNKO now has a Market Capitalization of 524833248 and an Enterprise Value of 762658560. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 2.28. Its current Enterprise Value per Revenue stands at 0.714 whereas that against EBITDA is 22.456.
Stock Price History:
Over the past 52 weeks, FNKO has reached a high of $10.53, while it has fallen to a 52-week low of $5.27. The 50-Day Moving Average of the stock is 2.50%, while the 200-Day Moving Average is calculated to be 27.44%.
Shares Statistics:
According to the various share statistics, FNKO traded on average about 602.93K shares per day over the past 3-months and 782380 shares per day over the past 10 days. A total of 50.55M shares are outstanding, with a floating share count of 34.14M. Insiders hold about 34.55% of the company’s shares, while institutions hold 63.52% stake in the company. Shares short for FNKO as of 1722384000 were 6341796 with a Short Ratio of 10.52, compared to 1719532800 on 5963833. Therefore, it implies a Short% of Shares Outstanding of 6341796 and a Short% of Float of 19.8.
