Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Snap Inc (NYSE: SNAP) closed at $10.87 in the last session, up 1.49% from day before closing price of $10.71. In other words, the price has increased by $1.49 from its previous closing price. On the day, 24.84 million shares were traded. SNAP stock price reached its highest trading level at $10.92 during the session, while it also had its lowest trading level at $10.35.
Ratios:
We take a closer look at SNAP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 84.33. For the most recent quarter (mrq), Quick Ratio is recorded 3.95 and its Current Ratio is at 3.95. In the meantime, Its Debt-to-Equity ratio is 1.73 whereas as Long-Term Debt/Eq ratio is at 1.71.
Wells Fargo Downgraded its Overweight to Equal Weight on February 05, 2025, whereas the target price for the stock was revised from $15 to $11.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 06 ’25 when Spiegel Evan sold 150,000 shares for $10.48 per share. The transaction valued at 1,571,715 led to the insider holds 3,027,844 shares of the business.
Spiegel Evan bought 150,000 shares of SNAP for $1,562,669 on Feb 06 ’25. On Jan 31 ’25, another insider, O’Sullivan Michael J., who serves as the General Counsel of the company, sold 18,000 shares for $11.49 each. As a result, the insider received 206,903 and left with 480,498 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, SNAP now has a Market Capitalization of 18439432192 and an Enterprise Value of 20504014848. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.44 while its Price-to-Book (P/B) ratio in mrq is 7.50. Its current Enterprise Value per Revenue stands at 3.969 whereas that against EBITDA is -26.693.
Stock Price History:
The Beta on a monthly basis for SNAP is 0.91, which has changed by -0.06052631 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, SNAP has reached a high of $17.33, while it has fallen to a 52-week low of $8.29. The 50-Day Moving Average of the stock is -5.24%, while the 200-Day Moving Average is calculated to be -11.70%.
Shares Statistics:
According to the various share statistics, SNAP traded on average about 30.20M shares per day over the past 3-months and 40757130 shares per day over the past 10 days. A total of 1.44B shares are outstanding, with a floating share count of 1.09B. Insiders hold about 36.02% of the company’s shares, while institutions hold 50.46% stake in the company. Shares short for SNAP as of 1736899200 were 76745854 with a Short Ratio of 2.54, compared to 1734048000 on 64921376. Therefore, it implies a Short% of Shares Outstanding of 76745854 and a Short% of Float of 8.2600005.
