Investor’s Toolkit: Key Ratios for Assessing BigCommerce Holdings Inc (BIGC)’s Performance

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BigCommerce Holdings Inc (NASDAQ: BIGC) closed the day trading at $6.69 down -3.60% from the previous closing price of $6.94. In other words, the price has decreased by -$3.60 from its previous closing price. On the day, 3.89 million shares were traded. BIGC stock price reached its highest trading level at $7.175 during the session, while it also had its lowest trading level at $6.37.

Ratios:

For a better understanding of BIGC, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.72 and its Current Ratio is at 4.72. In the meantime, Its Debt-to-Equity ratio is 13.72 whereas as Long-Term Debt/Eq ratio is at 13.60.

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 Mar 04 ’24 when Bellm Brent sold 8,078 shares for $7.63 per share. The transaction valued at 61,649 led to the insider holds 722,705 shares of the business.

Klein Russell Scott sold 3,198 shares of BIGC for $24,406 on Mar 04 ’24. The Chief Commercial Officer now owns 428,770 shares after completing the transaction at $7.63 per share. On Mar 04 ’24, another insider, Dhatt Brian Singh, who serves as the Chief Technology Officer of the company, sold 1,919 shares for $7.63 each. As a result, the insider received 14,645 and left with 232,612 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, BIGC now has a Market Capitalization of 513767936 and an Enterprise Value of 611782976. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.66 while its Price-to-Book (P/B) ratio in mrq is 20.02. Its current Enterprise Value per Revenue stands at 1.977 whereas that against EBITDA is -14.136.

Stock Price History:

Over the past 52 weeks, BIGC has reached a high of $12.75, while it has fallen to a 52-week low of $5.62. The 50-Day Moving Average of the stock is -0.43%, while the 200-Day Moving Average is calculated to be -23.79%.

Shares Statistics:

Over the past 3-months, BIGC traded about 727.70K shares per day on average, while over the past 10 days, BIGC traded about 671060 shares per day. A total of 76.41M shares are outstanding, with a floating share count of 65.45M. Insiders hold about 14.56% of the company’s shares, while institutions hold 77.26% stake in the company. Shares short for BIGC as of 1713139200 were 5338215 with a Short Ratio of 7.34, compared to 1710460800 on 4404690. Therefore, it implies a Short% of Shares Outstanding of 5338215 and a Short% of Float of 8.58.

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