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The price of ChargePoint Holdings Inc (NYSE: CHPT) closed at $1.37 in the last session, up 0.74% from day before closing price of $1.36. In other words, the price has increased by $0.74 from its previous closing price. On the day, 10.35 million shares were traded. CHPT stock price reached its highest trading level at $1.45 during the session, while it also had its lowest trading level at $1.36.
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.
On September 05, 2024, TD Cowen Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $2.
Goldman Downgraded its Neutral to Sell on April 09, 2024, whereas the target price for the stock was revised from $2 to $1.50.
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 Sep 23 ’24 when Wilmer Richard sold 27,252 shares for $1.35 per share. The transaction valued at 36,790 led to the insider holds 2,304,489 shares of the business.
Singh Jagdeep CA sold 13,361 shares of CHPT for $18,037 on Sep 23 ’24. The CCXO now owns 873,004 shares after completing the transaction at $1.35 per share. On Sep 23 ’24, another insider, Khetani Mansi, who serves as the CFO of the company, sold 23,409 shares for $1.35 each. As a result, the insider received 31,602 and left with 849,084 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 591265984 and an Enterprise Value of 650779392. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 2.56. Its current Enterprise Value per Revenue stands at 1.473 whereas that against EBITDA is -2.04.
Stock Price History:
Over the past 52 weeks, CHPT has reached a high of $5.23, while it has fallen to a 52-week low of $1.21. The 50-Day Moving Average of the stock is -20.11%, while the 200-Day Moving Average is calculated to be -25.08%.
Shares Statistics:
According to the various share statistics, CHPT traded on average about 13.86M shares per day over the past 3-months and 11251960 shares per day over the past 10 days. A total of 421.12M shares are outstanding, with a floating share count of 392.44M. Insiders hold about 9.09% of the company’s shares, while institutions hold 46.49% stake in the company. Shares short for CHPT as of 1726185600 were 114267936 with a Short Ratio of 8.25, compared to 1723680000 on 103288847. Therefore, it implies a Short% of Shares Outstanding of 114267936 and a Short% of Float of 26.650000000000002.
