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In the latest session, ChargePoint Holdings Inc (NYSE: CHPT) closed at $1.37 down -4.20% from its previous closing price of $1.43. In other words, the price has decreased by -$4.20 from its previous closing price. On the day, 12.08 million shares were traded. CHPT stock price reached its highest trading level at $1.42 during the session, while it also had its lowest trading level at $1.37.
Ratios:
For a deeper understanding of ChargePoint Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 1.31 whereas as Long-Term Debt/Eq ratio is at 1.31.
On September 05, 2024, TD Cowen Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $2.
Goldman Downgraded its Neutral to Sell on April 09, 2024, whereas the target price for the stock was revised from $2 to $1.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 21 ’24 when Wilmer Richard sold 27,722 shares for $1.40 per share. The transaction valued at 38,730 led to the insider holds 2,331,740 shares of the business.
Gerdes Henrik sold 43,596 shares of CHPT for $65,612 on Jun 20 ’24. The Chief Accounting Officer now owns 438,004 shares after completing the transaction at $1.50 per share. On Jun 21 ’24, another insider, Gerdes Henrik, who serves as the Chief Accounting Officer of the company, sold 10,629 shares for $1.40 each. As a result, the insider received 14,850 and left with 427,375 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, CHPT now has a Market Capitalization of 591265984 and an Enterprise Value of 650779392. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 2.56. Its current Enterprise Value per Revenue stands at 1.473 whereas that against EBITDA is -2.04.
Stock Price History:
Over the past 52 weeks, CHPT has reached a high of $5.49, while it has fallen to a 52-week low of $1.21. The 50-Day Moving Average of the stock is -23.67%, while the 200-Day Moving Average is calculated to be -25.87%.
Shares Statistics:
For the past three months, CHPT has traded an average of 14.33M shares per day and 13126250 over the past ten days. A total of 421.12M shares are outstanding, with a floating share count of 392.36M. Insiders hold about 9.09% of the company’s shares, while institutions hold 46.51% stake in the company. Shares short for CHPT as of 1724976000 were 105842998 with a Short Ratio of 7.39, compared to 1722384000 on 108164300. Therefore, it implies a Short% of Shares Outstanding of 105842998 and a Short% of Float of 24.69.
