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The price of Clearwater Analytics Holdings Inc (NYSE: CWAN) closed at $22.97 in the last session, up 2.09% from day before closing price of $22.50. In other words, the price has increased by $2.09 from its previous closing price. On the day, 2.01 million shares were traded. CWAN stock price reached its highest trading level at $23.35 during the session, while it also had its lowest trading level at $22.54.
Ratios:
We take a closer look at CWAN’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 18.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.15. 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.
On February 29, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $24 to $22.
On November 07, 2023, UBS started tracking the stock assigning a Buy rating and target price of $24.UBS initiated its Buy rating on November 07, 2023, with a $24 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 Aug 08 ’24 when WP CA Holdco, L.P. bought 9,000,000 shares for $22.97 per share.
JAMES COX bought 14,850 shares of CWAN for $290,318 on Aug 01 ’24. On Aug 01 ’24, another insider, Cox James S, who serves as the Chief Financial Officer of the company, sold 14,850 shares for $22.02 each. As a result, the insider received 327,036 and left with 232,503 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 5658062336 and an Enterprise Value of 4892650496. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.67 while its Price-to-Book (P/B) ratio in mrq is 13.20. Its current Enterprise Value per Revenue stands at 12.135 whereas that against EBITDA is 186.799.
Stock Price History:
Over the past 52 weeks, CWAN has reached a high of $23.91, while it has fallen to a 52-week low of $15.62. The 50-Day Moving Average of the stock is 17.00%, while the 200-Day Moving Average is calculated to be 21.71%.
Shares Statistics:
According to the various share statistics, CWAN traded on average about 1.88M shares per day over the past 3-months and 2502820 shares per day over the past 10 days. A total of 127.60M shares are outstanding, with a floating share count of 120.00M. Insiders hold about 41.42% of the company’s shares, while institutions hold 74.76% stake in the company. Shares short for CWAN as of 1721001600 were 10642124 with a Short Ratio of 5.67, compared to 1718323200 on 7906391. Therefore, it implies a Short% of Shares Outstanding of 10642124 and a Short% of Float of 6.670000399999999.
