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Squarespace Inc (NYSE: SQSP) closed the day trading at $43.81 down -0.02% from the previous closing price of $43.82. In other words, the price has decreased by -$0.02 from its previous closing price. On the day, 1.8 million shares were traded. SQSP stock price reached its highest trading level at $43.87 during the session, while it also had its lowest trading level at $43.765.
Ratios:
For a better understanding of SQSP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.72. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 0.70.
On May 10, 2024, Mizuho Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $34 to $50.
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 Jul 12 ’24 when Gubbay Paul sold 2,500 shares for $43.72 per share. The transaction valued at 109,300 led to the insider holds 39,986 shares of the business.
Casalena Anthony sold 57,372 shares of SQSP for $2,497,403 on Jul 02 ’24. The Chief Executive Officer now owns 2,035,500 shares after completing the transaction at $43.53 per share. On Jul 01 ’24, another insider, Casalena Anthony, who serves as the Chief Executive Officer of the company, sold 60,012 shares for $43.52 each. As a result, the insider received 2,611,722 and left with 2,092,872 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, SQSP now has a Market Capitalization of 6018399232 and an Enterprise Value of 6400285184. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.72. Its current Enterprise Value per Revenue stands at 6.058 whereas that against EBITDA is 53.819.
Stock Price History:
The Beta on a monthly basis for SQSP is 0.62, which has changed by 0.39744818 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, SQSP has reached a high of $44.29, while it has fallen to a 52-week low of $26.70. The 50-Day Moving Average of the stock is 2.73%, while the 200-Day Moving Average is calculated to be 27.51%.
Shares Statistics:
Over the past 3-months, SQSP traded about 1.19M shares per day on average, while over the past 10 days, SQSP traded about 836060 shares per day. A total of 88.55M shares are outstanding, with a floating share count of 60.92M. Insiders hold about 55.82% of the company’s shares, while institutions hold 38.02% stake in the company. Shares short for SQSP as of 1719532800 were 1607409 with a Short Ratio of 1.35, compared to 1717113600 on 1689931. Therefore, it implies a Short% of Shares Outstanding of 1607409 and a Short% of Float of 3.54.
