Maplebear Inc. (CART)’s Day in Review: Closing at 43.00, Up by 0.37

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After finishing at $42.84 in the prior trading day, Maplebear Inc. (NASDAQ: CART) closed at $43.00, up 0.37%. In other words, the price has increased by $0.37 from its previous closing price. On the day, 1.63 million shares were traded. CART stock price reached its highest trading level at $43.56 during the session, while it also had its lowest trading level at $42.1.

Ratios:

Our goal is to gain a better understanding of CART by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.75. For the most recent quarter (mrq), Quick Ratio is recorded 3.45 and its Current Ratio is at 3.45. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

On September 05, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $45.

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 Sep 30 ’24 when Simo Fidji sold 20,750 shares for $40.22 per share. The transaction valued at 834,635 led to the insider holds 1,824,028 shares of the business.

Simo Fidji bought 20,750 shares of CART for $834,635 on Sep 30 ’24. On Sep 20 ’24, another insider, Ramsay Alan, who serves as the CHIEF ACCOUNTING OFFICER of the company, sold 2,486 shares for $41.39 each. As a result, the insider received 102,904 and left with 99,225 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, CART now has a Market Capitalization of 11055514624 and an Enterprise Value of 9985600512. 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 3.73. Its current Enterprise Value per Revenue stands at 3.111 whereas that against EBITDA is -4.583.

Stock Price History:

Over the past 52 weeks, CART has reached a high of $45.01, while it has fallen to a 52-week low of $22.13. The 50-Day Moving Average of the stock is 15.86%, while the 200-Day Moving Average is calculated to be 28.63%.

Shares Statistics:

The stock has traded on average 3.58M shares per day over the past 3-months and 2903440 shares per day over the last 10 days, according to various share statistics. A total of 279.05M shares are outstanding, with a floating share count of 150.46M. Insiders hold about 41.48% of the company’s shares, while institutions hold 46.02% stake in the company. Shares short for CART as of 1727654400 were 15376973 with a Short Ratio of 4.30, compared to 1724976000 on 11773538. Therefore, it implies a Short% of Shares Outstanding of 15376973 and a Short% of Float of 32.560003.

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