Market Recap Check: Definitive Healthcare Corp (DH)’s Negative Finish at 4.14, Up/Down -4.61

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

The price of Definitive Healthcare Corp (NASDAQ: DH) closed at $4.14 in the last session, down -4.61% from day before closing price of $4.34. In other words, the price has decreased by -$4.61 from its previous closing price. On the day, 1.4 million shares were traded. DH stock price reached its highest trading level at $4.39 during the session, while it also had its lowest trading level at $4.05.

Ratios:

We take a closer look at DH’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 2.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.16. For the most recent quarter (mrq), Quick Ratio is recorded 2.40 and its Current Ratio is at 2.40. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.48.

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, BTIG Research on September 17, 2024, initiated with a Buy rating and assigned the stock a target price of $7.

On July 31, 2024, JP Morgan Downgraded its rating to Underweight which previously was Neutral and also lowered its target price recommendation from $7 to $5.

Morgan Stanley Downgraded its Overweight to Equal-Weight on May 08, 2024, whereas the target price for the stock was revised from $11.50 to $9.

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 Dec 03 ’24 when Moschella William sold 45,000 shares for $4.70 per share. The transaction valued at 211,500 led to the insider holds 433,830 shares of the business.

Moschella William bought 45,000 shares of DH for $209,250 on Dec 03 ’24.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DH now has a Market Capitalization of 478265216 and an Enterprise Value of 617685504. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.51 while its Price-to-Book (P/B) ratio in mrq is 0.94. Its current Enterprise Value per Revenue stands at 2.414 whereas that against EBITDA is 18.602.

Stock Price History:

Over the past 52 weeks, DH has reached a high of $10.62, while it has fallen to a 52-week low of $3.19. The 50-Day Moving Average of the stock is -6.12%, while the 200-Day Moving Average is calculated to be -23.08%.

Shares Statistics:

According to the various share statistics, DH traded on average about 408.10K shares per day over the past 3-months and 353120 shares per day over the past 10 days. A total of 115.44M shares are outstanding, with a floating share count of 45.28M. Insiders hold about 60.80% of the company’s shares, while institutions hold 38.04% stake in the company. Shares short for DH as of 1732838400 were 2460190 with a Short Ratio of 6.03, compared to 1730332800 on 2715152. Therefore, it implies a Short% of Shares Outstanding of 2460190 and a Short% of Float of 4.73.

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