In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Techtarget Inc (NASDAQ: TTGT) closed at $17.44 down -2.24% from its previous closing price of $17.84. In other words, the price has decreased by -$2.24 from its previous closing price. On the day, 0.54 million shares were traded. TTGT stock price reached its highest trading level at $18.52 during the session, while it also had its lowest trading level at $17.38.
Ratios:
For a deeper understanding of Techtarget Inc’s stock, let’s take a closer look at its various ratios.
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, Craig Hallum on October 15, 2024, Upgraded its rating to Buy and sets its target price to $36 from $34 previously.
On January 31, 2024, UBS Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $31 to $45.
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 Dec 03 ’24 when Griffey Michael Sean bought 42,239 shares for $24.96 per share. The transaction valued at 1,054,379 led to the insider holds 42,239 shares of the business.
Griffey Michael Sean bought 22,500 shares of TTGT for $556,150 on Dec 09 ’24. The Director now owns 95,533 shares after completing the transaction at $24.72 per share. On Dec 06 ’24, another insider, Griffey Michael Sean, who serves as the Director of the company, bought 16,500 shares for $25.79 each. As a result, the insider paid 425,550 and bolstered with 73,033 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, TTGT now has a Market Capitalization of 1246161280 and an Enterprise Value of 813168256. Its current Enterprise Value per Revenue stands at 3.593 whereas that against EBITDA is 66.079.
Stock Price History:
The Beta on a monthly basis for TTGT is 1.13, which has changed by -0.44921273 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, TTGT has reached a high of $35.99, while it has fallen to a 52-week low of $17.21. The 50-Day Moving Average of the stock is -29.72%, while the 200-Day Moving Average is calculated to be -36.90%.
Shares Statistics:
For the past three months, TTGT has traded an average of 215.70K shares per day and 205950 over the past ten days. Shares short for TTGT as of 1731628800 were 788776 with a Short Ratio of 2.29, compared to 1728950400 on 859497. Therefore, it implies a Short% of Shares Outstanding of 788776 and a Short% of Float of 3.56.
