In the Green: DoubleVerify Holdings Inc (DV) Closes at 19.93, Up/Down -0.30 from Previous Day

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In the latest session, DoubleVerify Holdings Inc (NYSE: DV) closed at $19.93 down -0.30% from its previous closing price of $19.99. In other words, the price has decreased by -$0.30 from its previous closing price. On the day, 1.42 million shares were traded. DV stock price reached its highest trading level at $20.115 during the session, while it also had its lowest trading level at $19.73.

Ratios:

For a deeper understanding of DoubleVerify Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.91. For the most recent quarter (mrq), Quick Ratio is recorded 7.30 and its Current Ratio is at 7.30. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.

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 the company, Morgan Stanley on June 25, 2024, Downgraded its rating to Equal-Weight and sets its target price to $21 from $40 previously.

On May 09, 2024, BofA Securities Downgraded its rating to Underperform which previously was Buy and also lowered its target price recommendation from $45 to $18.

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 Jul 09 ’24 when Allais Nicola T sold 1,764 shares for $20.02 per share. The transaction valued at 35,317 led to the insider holds 77,314 shares of the business.

Allais Nicola T sold 1,764 shares of DV for $35,364 on Jul 08 ’24. The Chief Financial Officer now owns 77,314 shares after completing the transaction at $20.05 per share. On Jun 18 ’24, another insider, Allais Nicola T, who serves as the Chief Financial Officer of the company, sold 1,764 shares for $18.73 each. As a result, the insider received 33,034 and left with 77,314 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, DV now has a Market Capitalization of 3434217984 and an Enterprise Value of 3179526144. As of this moment, DoubleVerify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 52.32, and their Forward P/E ratio for the next fiscal year is 20.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.80 while its Price-to-Book (P/B) ratio in mrq is 3.12. Its current Enterprise Value per Revenue stands at 5.382 whereas that against EBITDA is 27.839.

Stock Price History:

The Beta on a monthly basis for DV is 0.94, which has changed by -0.50656104 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. Over the past 52 weeks, DV has reached a high of $43.00, while it has fallen to a 52-week low of $17.50. The 50-Day Moving Average of the stock is -4.02%, while the 200-Day Moving Average is calculated to be -34.31%.

Shares Statistics:

For the past three months, DV has traded an average of 2.92M shares per day and 1992120 over the past ten days. A total of 171.15M shares are outstanding, with a floating share count of 139.37M. Insiders hold about 18.87% of the company’s shares, while institutions hold 88.55% stake in the company. Shares short for DV as of 1718323200 were 7309136 with a Short Ratio of 2.50, compared to 1715731200 on 4621794. Therefore, it implies a Short% of Shares Outstanding of 7309136 and a Short% of Float of 6.16.

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