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Cricut Inc (NASDAQ: CRCT) closed the day trading at $5.17 down -1.34% from the previous closing price of $5.24. In other words, the price has decreased by -$1.34 from its previous closing price. On the day, 0.51 million shares were traded. CRCT stock price reached its highest trading level at $5.38 during the session, while it also had its lowest trading level at $5.145.
Ratios:
For a better understanding of CRCT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.72. For the most recent quarter (mrq), Quick Ratio is recorded 2.18 and its Current Ratio is at 3.16. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Goldman on December 13, 2023, initiated with a Neutral rating and assigned the stock a target price of $7.
On August 28, 2023, Citigroup started tracking the stock assigning a Neutral rating and target price of $10.50.
Robert W. Baird Downgraded its Outperform to Neutral on March 09, 2022, whereas the target price for the stock was revised from $38 to $13.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 25 ’24 when Olsen Donald B. sold 30,000 shares for $5.23 per share. The transaction valued at 156,990 led to the insider holds 625,833 shares of the business.
Olsen Donald B. bought 30,000 shares of CRCT for $154,500 on Nov 25 ’24. On Nov 19 ’24, another insider, Ashish Arora, who serves as the Chief Executive Officer of the company, sold 707 shares for $5.25 each. As a result, the insider received 3,712 and left with 4,035,133 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, CRCT now has a Market Capitalization of 1108691072 and an Enterprise Value of 887221248. As of this moment, Cricut’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.05, and their Forward P/E ratio for the next fiscal year is 17.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 2.33. Its current Enterprise Value per Revenue stands at 1.208 whereas that against EBITDA is 7.401.
Stock Price History:
Over the past 52 weeks, CRCT has reached a high of $7.79, while it has fallen to a 52-week low of $4.11. The 50-Day Moving Average of the stock is -16.87%, while the 200-Day Moving Average is calculated to be -8.63%.
Shares Statistics:
Over the past 3-months, CRCT traded about 348.88K shares per day on average, while over the past 10 days, CRCT traded about 402580 shares per day. A total of 51.41M shares are outstanding, with a floating share count of 44.48M. Insiders hold about 79.26% of the company’s shares, while institutions hold 10.83% stake in the company. Shares short for CRCT as of 1730332800 were 3567771 with a Short Ratio of 10.23, compared to 1727654400 on 3852743. Therefore, it implies a Short% of Shares Outstanding of 3567771 and a Short% of Float of 7.249999999999999.
Dividends & Splits
CRCT’s forward annual dividend rate is 0.10, up from 0.1 a year ago. Against a Trailing Annual Dividend Yield of 0.019083971
