Market Momentum: Shutterstock Inc (SSTK) Registers a -0.58 Decrease, Closing at 20.74

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

Shutterstock Inc (NYSE: SSTK) closed the day trading at $20.74 down -0.58% from the previous closing price of $20.86. In other words, the price has decreased by -$0.58 from its previous closing price. On the day, 0.54 million shares were traded.

Ratios:

For a better understanding of SSTK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.41. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.28.

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 Aug 19 ’24 when Bigley Deirdre Mary bought 5,304 shares for $35.98 per share.

Hennessy Paul J. bought 12,500 shares of SSTK for $479,700 on May 23 ’24. The CHIEF EXECUTIVE OFFICER now owns 87,803 shares after completing the transaction at $38.38 per share. On May 24 ’24, another insider, Yahes Jarrod, who serves as the CHIEF FINANCIAL OFFICER of the company, bought 5,350 shares for $37.35 each. As a result, the insider paid 199,822 and bolstered with 43,904 shares of the company.

Valuation Measures:

As of this moment, Shutterstock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.67, and their Forward P/E ratio for the next fiscal year is 7.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 1.40.

Stock Price History:

Over the past 52 weeks, SSTK has reached a high of $54.40, while it has fallen to a 52-week low of $20.04. The 50-Day Moving Average of the stock is -27.50%, while the 200-Day Moving Average is calculated to be -38.42%.

Shares Statistics:

A total of 34.87M shares are outstanding, with a floating share count of 23.69M. Insiders hold about 32.11% of the company’s shares, while institutions hold 79.40% stake in the company.

Most Popular