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The closing price of Adeia Inc (NASDAQ: ADEA) was $13.73 for the day, down -0.22% from the previous closing price of $13.76. In other words, the price has decreased by -$0.22 from its previous closing price. On the day, 0.57 million shares were traded. ADEA stock price reached its highest trading level at $14.2 during the session, while it also had its lowest trading level at $13.66.
Ratios:
Our analysis of ADEA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.62. For the most recent quarter (mrq), Quick Ratio is recorded 3.42 and its Current Ratio is at 3.42. In the meantime, Its Debt-to-Equity ratio is 1.41 whereas as Long-Term Debt/Eq ratio is at 1.35.
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, Rosenblatt on February 23, 2024, initiated with a Buy rating and assigned the stock a target price of $15.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADEA now has a Market Capitalization of 1500208384 and an Enterprise Value of 1948225536. As of this moment, Adeia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.54, and their Forward P/E ratio for the next fiscal year is 9.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.36 while its Price-to-Book (P/B) ratio in mrq is 3.96. Its current Enterprise Value per Revenue stands at 5.668 whereas that against EBITDA is 10.356.
Stock Price History:
Over the past 52 weeks, ADEA has reached a high of $14.75, while it has fallen to a 52-week low of $9.68. The 50-Day Moving Average of the stock is 8.81%, while the 200-Day Moving Average is calculated to be 18.49%.
Shares Statistics:
ADEA traded an average of 490.59K shares per day over the past three months and 657055 shares per day over the past ten days. A total of 109.19M shares are outstanding, with a floating share count of 102.13M. Insiders hold about 2.05% of the company’s shares, while institutions hold 102.35% stake in the company. Shares short for ADEA as of 1732838400 were 3586460 with a Short Ratio of 7.31, compared to 1730332800 on 3076067. Therefore, it implies a Short% of Shares Outstanding of 3586460 and a Short% of Float of 5.6399997.
Dividends & Splits
With its trailing 12-month dividend rate of 0.2, ADEA has a forward annual dividend rate of 0.20. Against a Trailing Annual Dividend Yield of 0.014534884The stock’s 5-year Average Dividend Yield is 2.3.
