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In the latest session, Clearwater Analytics Holdings Inc (NYSE: CWAN) closed at $24.92 down -0.24% from its previous closing price of $24.98. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 0.69 million shares were traded. CWAN stock price reached its highest trading level at $25.18 during the session, while it also had its lowest trading level at $24.8.
Ratios:
For a deeper understanding of Clearwater Analytics Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 52.31. For the most recent quarter (mrq), Quick Ratio is recorded 4.73 and its Current Ratio is at 4.73. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.17.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on August 19, 2024, initiated with a Buy rating and assigned the stock a target price of $28.
On July 08, 2024, Oppenheimer Upgraded its rating to Outperform which previously was Perform but kept the price unchanged to $25.
JP Morgan Downgraded its Overweight to Neutral on February 29, 2024, whereas the target price for the stock was revised from $24 to $22.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 16 ’24 when Cox James S sold 18,700 shares for $24.44 per share. The transaction valued at 457,064 led to the insider holds 227,503 shares of the business.
JAMES COX bought 18,700 shares of CWAN for $448,987 on Sep 16 ’24. On Sep 10 ’24, another insider, Erickson Scott Stanley, who serves as the Chief Revenue Officer of the company, sold 3,890 shares for $23.75 each. As a result, the insider received 92,387 and left with 4,844 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, CWAN now has a Market Capitalization of 6138394112 and an Enterprise Value of 5319287296. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.52 while its Price-to-Book (P/B) ratio in mrq is 14.32. Its current Enterprise Value per Revenue stands at 13.193 whereas that against EBITDA is 203.088.
Stock Price History:
Over the past 52 weeks, CWAN has reached a high of $26.02, while it has fallen to a 52-week low of $15.62. The 50-Day Moving Average of the stock is 5.67%, while the 200-Day Moving Average is calculated to be 26.08%.
Shares Statistics:
For the past three months, CWAN has traded an average of 1.60M shares per day and 1310140 over the past ten days. A total of 218.79M shares are outstanding, with a floating share count of 139.43M. Insiders hold about 36.27% of the company’s shares, while institutions hold 77.36% stake in the company. Shares short for CWAN as of 1726185600 were 9785561 with a Short Ratio of 6.11, compared to 1723680000 on 8689034. Therefore, it implies a Short% of Shares Outstanding of 9785561 and a Short% of Float of 6.1300002.
