Market Momentum Report: PubMatic Inc (PUBM)’s Negative Close at 22.58

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The price of PubMatic Inc (NASDAQ: PUBM) closed at $22.58 in the last session, down -6.00% from day before closing price of $24.02. In other words, the price has decreased by -$6.00 from its previous closing price. On the day, 0.95 million shares were traded. PUBM stock price reached its highest trading level at $25.362 during the session, while it also had its lowest trading level at $22.48.

Ratios:

We take a closer look at PUBM’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 6.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.80. For the most recent quarter (mrq), Quick Ratio is recorded 1.55 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.06.

Macquarie Downgraded its Outperform to Neutral on August 09, 2023, whereas the target price for the stock was revised from $23 to $16.

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 May 01 ’24 when Goel Rajeev K. sold 7,500 shares for $22.61 per share. The transaction valued at 169,568 led to the insider holds 0 shares of the business.

Kumar Mukul sold 7,000 shares of PUBM for $151,491 on Apr 16 ’24. The PRESIDENT, ENGINEERING now owns 30,958 shares after completing the transaction at $21.64 per share. On Apr 08 ’24, another insider, Pantelick Steven, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 8,876 shares for $23.71 each. As a result, the insider received 210,427 and left with 16,833 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, PUBM now has a Market Capitalization of 1129334144 and an Enterprise Value of 1049715904. As of this moment, PubMatic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 106.01, and their Forward P/E ratio for the next fiscal year is 54.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.08 while its Price-to-Book (P/B) ratio in mrq is 3.90. Its current Enterprise Value per Revenue stands at 3.772 whereas that against EBITDA is 27.746.

Stock Price History:

Over the past 52 weeks, PUBM has reached a high of $24.52, while it has fallen to a 52-week low of $10.92. The 50-Day Moving Average of the stock is 0.19%, while the 200-Day Moving Average is calculated to be 35.77%.

Shares Statistics:

According to the various share statistics, PUBM traded on average about 520.05K shares per day over the past 3-months and 318930 shares per day over the past 10 days. A total of 41.50M shares are outstanding, with a floating share count of 40.02M. Insiders hold about 20.39% of the company’s shares, while institutions hold 45.28% stake in the company. Shares short for PUBM as of 1713139200 were 1744243 with a Short Ratio of 3.35, compared to 1710460800 on 1412340. Therefore, it implies a Short% of Shares Outstanding of 1744243 and a Short% of Float of 4.6899999999999995.

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