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The price of ChargePoint Holdings Inc (NYSE: CHPT) closed at $1.34 in the last session, up 2.29% from day before closing price of $1.31. In other words, the price has increased by $2.29 from its previous closing price. On the day, 12.71 million shares were traded. CHPT stock price reached its highest trading level at $1.35 during the session, while it also had its lowest trading level at $1.29.
Ratios:
We take a closer look at CHPT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 1.31 whereas as Long-Term Debt/Eq ratio is at 1.31.
TD Cowen Downgraded its Buy to Hold on September 05, 2024, while the target price for the stock was maintained at $2.
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 Oct 11 ’24 when Gerdes Henrik bought 26,288 shares for $1.32 per share.
Wilmer Richard sold 27,252 shares of CHPT for $36,790 on Sep 23 ’24. The President and CEO now owns 2,304,489 shares after completing the transaction at $1.35 per share. On Sep 23 ’24, another insider, Singh Jagdeep CA, who serves as the CCXO of the company, sold 13,361 shares for $1.35 each. As a result, the insider received 18,037 and left with 873,004 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, CHPT now has a Market Capitalization of 578318528 and an Enterprise Value of 637832000. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 2.50. Its current Enterprise Value per Revenue stands at 1.444 whereas that against EBITDA is -2.0.
Stock Price History:
Over the past 52 weeks, CHPT has reached a high of $4.62, while it has fallen to a 52-week low of $1.21. The 50-Day Moving Average of the stock is -14.29%, while the 200-Day Moving Average is calculated to be -24.08%.
Shares Statistics:
According to the various share statistics, CHPT traded on average about 12.86M shares per day over the past 3-months and 11736980 shares per day over the past 10 days. A total of 421.12M shares are outstanding, with a floating share count of 393.01M. Insiders hold about 8.94% of the company’s shares, while institutions hold 46.36% stake in the company. Shares short for CHPT as of 1727654400 were 109493945 with a Short Ratio of 8.52, compared to 1724976000 on 105842998. Therefore, it implies a Short% of Shares Outstanding of 109493945 and a Short% of Float of 25.540000000000003.
