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The price of Snap Inc (NYSE: SNAP) closed at $11.61 in the last session, up 0.09% from day before closing price of $11.60. In other words, the price has increased by $0.09 from its previous closing price. On the day, 13.54 million shares were traded. SNAP stock price reached its highest trading level at $11.79 during the session, while it also had its lowest trading level at $11.35.
Ratios:
We take a closer look at SNAP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 132.44. For the most recent quarter (mrq), Quick Ratio is recorded 4.04 and its Current Ratio is at 4.04. In the meantime, Its Debt-to-Equity ratio is 1.92 whereas as Long-Term Debt/Eq ratio is at 1.89.
On September 20, 2024, B. Riley Securities started tracking the stock assigning a Neutral rating and target price of $11.
On September 05, 2024, Cantor Fitzgerald started tracking the stock assigning a Neutral rating and target price of $8.Cantor Fitzgerald initiated its Neutral rating on September 05, 2024, with a $8 target price.
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 Nov 21 ’24 when Young Eric sold 50,000 shares for $10.54 per share. The transaction valued at 526,765 led to the insider holds 752,110 shares of the business.
Young Eric bought 50,000 shares of SNAP for $526,764 on Nov 21 ’24. On Nov 18 ’24, another insider, Young Eric, who serves as the SVP of Engineering of the company, sold 112,020 shares for $10.55 each. As a result, the insider received 1,181,285 and left with 2,791,048 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, SNAP now has a Market Capitalization of 19472406528 and an Enterprise Value of 20520787968. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.77 while its Price-to-Book (P/B) ratio in mrq is 8.78. Its current Enterprise Value per Revenue stands at 3.973 whereas that against EBITDA is -26.714.
Stock Price History:
Over the past 52 weeks, SNAP has reached a high of $17.90, while it has fallen to a 52-week low of $8.29. The 50-Day Moving Average of the stock is 5.78%, while the 200-Day Moving Average is calculated to be -5.17%.
Shares Statistics:
According to the various share statistics, SNAP traded on average about 27.74M shares per day over the past 3-months and 26536970 shares per day over the past 10 days. A total of 1.39B shares are outstanding, with a floating share count of 1.07B. Insiders hold about 36.25% of the company’s shares, while institutions hold 51.81% stake in the company. Shares short for SNAP as of 1731628800 were 66369546 with a Short Ratio of 2.39, compared to 1728950400 on 72071318. Therefore, it implies a Short% of Shares Outstanding of 66369546 and a Short% of Float of 7.140000000000001.
