Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, Clever Leaves Holdings Inc (NASDAQ: CLVR) closed at $1.62 down -60.58% from its previous closing price of $4.11. In other words, the price has decreased by -$60.58 from its previous closing price. On the day, 0.76 million shares were traded. CLVR stock price reached its highest trading level at $1.91 during the session, while it also had its lowest trading level at $1.52.
Ratios:
For a deeper understanding of Clever Leaves Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.63 and its Current Ratio is at 2.40. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.05.
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 July 27, 2021, initiated with a Buy rating and assigned the stock a target price of $13.
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 Mar 08 ’24 when Hague Henry R III sold 170 shares for $3.31 per share. The transaction valued at 563 led to the insider holds 11,951 shares of the business.
Hague Henry R III sold 411 shares of CLVR for $1,623 on Feb 27 ’24. The Chief Financial Officer now owns 12,121 shares after completing the transaction at $3.95 per share. On Jan 19 ’24, another insider, Fajardo Andres, who serves as the Chief Executive Officer of the company, sold 1,561 shares for $2.88 each. As a result, the insider received 4,502 and left with 21,795 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, CLVR now has a Market Capitalization of 7212207 and an Enterprise Value of -1901232. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.25 while its Price-to-Book (P/B) ratio in mrq is 0.12. Its current Enterprise Value per Revenue stands at -0.109 whereas that against EBITDA is 0.144.
Stock Price History:
The Beta on a monthly basis for CLVR is 1.55, which has changed by -0.7906977 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, CLVR has reached a high of $9.60, while it has fallen to a 52-week low of $1.72. The 50-Day Moving Average of the stock is -61.49%, while the 200-Day Moving Average is calculated to be -56.42%.
Shares Statistics:
For the past three months, CLVR has traded an average of 22.08K shares per day and 84430 over the past ten days. A total of 45.73M shares are outstanding, with a floating share count of 39.32M. Insiders hold about 14.02% of the company’s shares, while institutions hold 0.26% stake in the company. Shares short for CLVR as of 1713139200 were 10570 with a Short Ratio of 0.48, compared to 1710460800 on 12212. Therefore, it implies a Short% of Shares Outstanding of 10570 and a Short% of Float of 0.64999997.
Earnings Estimates
On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$3.9. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $4.64M this quarter.It ranges from a high estimate of $5.8M to a low estimate of $5.8M. As of the current estimate, Clever Leaves Holdings Inc’s year-ago sales were $4.61M
A total of 1 analysts have provided revenue estimates for CLVR’s current fiscal year. The highest revenue estimate was $20M, while the lowest revenue estimate was $20M, resulting in an average revenue estimate of $17.42M. In the same quarter a year ago, actual revenue was $17.8MBased on 1 analysts’ estimates, the company’s revenue will be $30M in the next fiscal year. The high estimate is $30M and the low estimate is $30M.
