Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Monday.Com Ltd (NASDAQ: MNDY) closed at $189.95 up 0.33% from its previous closing price of $189.33. In other words, the price has increased by $0.33 from its previous closing price. On the day, 0.98 million shares were traded. MNDY stock price reached its highest trading level at $192.94 during the session, while it also had its lowest trading level at $183.2646.
Ratios:
For a deeper understanding of Monday.Com Ltd’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 8.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 46.99. For the most recent quarter (mrq), Quick Ratio is recorded 2.82 and its Current Ratio is at 2.82. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.05.
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 the company, Citigroup on April 10, 2024, Downgraded its rating to Neutral and sets its target price to $250 from $277 previously.
On April 09, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $260.
On March 21, 2024, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $275.KeyBanc Capital Markets initiated its Overweight rating on March 21, 2024, with a $275 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MNDY now has a Market Capitalization of 9293094912 and an Enterprise Value of 8238114304. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.73 while its Price-to-Book (P/B) ratio in mrq is 11.42. Its current Enterprise Value per Revenue stands at 11.29 whereas that against EBITDA is -256.479.
Stock Price History:
Over the past 52 weeks, MNDY has reached a high of $239.22, while it has fallen to a 52-week low of $108.35. The 50-Day Moving Average of the stock is -9.90%, while the 200-Day Moving Average is calculated to be 4.15%.
Shares Statistics:
For the past three months, MNDY has traded an average of 846.43K shares per day and 739730 over the past ten days. A total of 48.92M shares are outstanding, with a floating share count of 33.14M. Insiders hold about 32.26% of the company’s shares, while institutions hold 68.51% stake in the company. Shares short for MNDY as of 1713139200 were 2195461 with a Short Ratio of 2.59, compared to 1710460800 on 2248886. Therefore, it implies a Short% of Shares Outstanding of 2195461 and a Short% of Float of 5.4.
