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The price of Udemy Inc (NASDAQ: UDMY) closed at $8.24 in the last session, up 4.97% from day before closing price of $7.85. In other words, the price has increased by $4.97 from its previous closing price. On the day, 0.97 million shares were traded. UDMY stock price reached its highest trading level at $8.328 during the session, while it also had its lowest trading level at $7.93.
Ratios:
We take a closer look at UDMY’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 2.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.37. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.03.
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, Canaccord Genuity on August 08, 2024, initiated with a Buy rating and assigned the stock a target price of $12.
On August 01, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $8.50.
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 01 ’24 when Venugopal Venu sold 1,000 shares for $7.08 per share. The transaction valued at 7,080 led to the insider holds 420,269 shares of the business.
Bali Eren sold 15,000 shares of UDMY for $136,500 on Jul 26 ’24. The Director now owns 1,639,477 shares after completing the transaction at $9.10 per share. On Jun 28 ’24, another insider, Brown Gregory Scott, who serves as the President and CEO of the company, sold 10,000 shares for $8.50 each. As a result, the insider received 85,000 and left with 1,273,406 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, UDMY now has a Market Capitalization of 1238982784 and an Enterprise Value of 831143872. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.62 while its Price-to-Book (P/B) ratio in mrq is 4.27. Its current Enterprise Value per Revenue stands at 1.086 whereas that against EBITDA is -9.375.
Stock Price History:
Over the past 52 weeks, UDMY has reached a high of $16.01, while it has fallen to a 52-week low of $6.67. The 50-Day Moving Average of the stock is 0.75%, while the 200-Day Moving Average is calculated to be -25.61%.
Shares Statistics:
According to the various share statistics, UDMY traded on average about 1.04M shares per day over the past 3-months and 1154910 shares per day over the past 10 days. A total of 157.17M shares are outstanding, with a floating share count of 78.98M. Insiders hold about 47.47% of the company’s shares, while institutions hold 43.06% stake in the company. Shares short for UDMY as of 1722384000 were 8268298 with a Short Ratio of 7.93, compared to 1719532800 on 6291934. Therefore, it implies a Short% of Shares Outstanding of 8268298 and a Short% of Float of 9.0100005.
