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In the latest session, Maplebear Inc. (NASDAQ: CART) closed at $31.00 up 1.71% from its previous closing price of $30.48. In other words, the price has increased by $1.71 from its previous closing price. On the day, 3.66 million shares were traded. CART stock price reached its highest trading level at $31.33 during the session, while it also had its lowest trading level at $30.3.
Ratios:
For a deeper understanding of Maplebear 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 4.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.60. For the most recent quarter (mrq), Quick Ratio is recorded 3.78 and its Current Ratio is at 3.78. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Loop Capital on April 19, 2024, initiated with a Buy rating and assigned the stock a target price of $46.
On March 25, 2024, Macquarie started tracking the stock assigning a Outperform rating and target price of $42.Macquarie initiated its Outperform rating on March 25, 2024, with a $42 target price.
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 May 29 ’24 when Simo Fidji sold 6,000 shares for $31.82 per share. The transaction valued at 190,943 led to the insider holds 1,995,167 shares of the business.
Fong Morgan sold 9,228 shares of CART for $306,415 on May 20 ’24. The GENERAL COUNSEL & SECRETARY now owns 391,069 shares after completing the transaction at $33.20 per share. On May 20 ’24, another insider, Ramsay Alan, who serves as the CHIEF ACCOUNTING OFFICER of the company, sold 2,550 shares for $33.21 each. As a result, the insider received 84,678 and left with 113,086 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, CART now has a Market Capitalization of 8205669376 and an Enterprise Value of 6886678528. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.64 while its Price-to-Book (P/B) ratio in mrq is 2.62. Its current Enterprise Value per Revenue stands at 2.219 whereas that against EBITDA is -3.282.
Stock Price History:
Over the past 52 weeks, CART has reached a high of $42.95, while it has fallen to a 52-week low of $22.13. The 50-Day Moving Average of the stock is -12.70%, while the 200-Day Moving Average is calculated to be 5.66%.
Shares Statistics:
For the past three months, CART has traded an average of 4.08M shares per day and 4305890 over the past ten days. A total of 279.05M shares are outstanding, with a floating share count of 148.49M. Insiders hold about 43.90% of the company’s shares, while institutions hold 42.27% stake in the company. Shares short for CART as of 1715731200 were 9014402 with a Short Ratio of 2.21, compared to 1713139200 on 7504240. Therefore, it implies a Short% of Shares Outstanding of 9014402 and a Short% of Float of 16.450001.
