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BigCommerce Holdings Inc (NASDAQ: BIGC) closed the day trading at $5.51 up 1.10% from the previous closing price of $5.45. In other words, the price has increased by $1.10 from its previous closing price. On the day, 1.12 million shares were traded. BIGC stock price reached its highest trading level at $5.615 during the session, while it also had its lowest trading level at $5.37.
Ratios:
For a better understanding of BIGC, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.40 and its Current Ratio is at 4.40. In the meantime, Its Debt-to-Equity ratio is 13.39 whereas as Long-Term Debt/Eq ratio is at 13.28.
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, BofA Securities on March 25, 2024, Downgraded its rating to Underperform and sets its target price to $7.50 from $11 previously.
On February 05, 2024, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $11.50 to $9.50.
On September 22, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $12.UBS initiated its Neutral rating on September 22, 2023, with a $12 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 12 ’24 when GGV CAPITAL V L.P bought 71,634 shares for $5.50 per share.
GGV CAP V ENTREPRENEURS FD LP bought 2,629 shares of BIGC for $14,459 on Aug 12 ’24. On Aug 09 ’24, another insider, GGV CAPITAL V L.P, who serves as the Director of the company, bought 80,316 shares for $5.54 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BIGC now has a Market Capitalization of 428419616 and an Enterprise Value of 502321312. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32 while its Price-to-Book (P/B) ratio in mrq is 16.40. Its current Enterprise Value per Revenue stands at 1.549 whereas that against EBITDA is -20.322.
Stock Price History:
Over the past 52 weeks, BIGC has reached a high of $11.21, while it has fallen to a 52-week low of $5.44. The 50-Day Moving Average of the stock is -28.34%, while the 200-Day Moving Average is calculated to be -30.69%.
Shares Statistics:
Over the past 3-months, BIGC traded about 673.08K shares per day on average, while over the past 10 days, BIGC traded about 934500 shares per day. A total of 76.41M shares are outstanding, with a floating share count of 62.08M. Insiders hold about 20.16% of the company’s shares, while institutions hold 76.91% stake in the company. Shares short for BIGC as of 1721001600 were 9692021 with a Short Ratio of 14.11, compared to 1718323200 on 9344510. Therefore, it implies a Short% of Shares Outstanding of 9692021 and a Short% of Float of 15.35.
