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 FiscalNote Holdings Inc (NYSE: NOTE) closed at $1.36 in the last session, down -2.86% from day before closing price of $1.40. In other words, the price has decreased by -$2.86 from its previous closing price. On the day, 0.54 million shares were traded. NOTE stock price reached its highest trading level at $1.43 during the session, while it also had its lowest trading level at $1.34.
Ratios:
We take a closer look at NOTE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 0.71. In the meantime, Its Debt-to-Equity ratio is 5.79 whereas as Long-Term Debt/Eq ratio is at 5.72.
On July 26, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $5.
On June 21, 2023, ROTH MKM started tracking the stock assigning a Buy rating and target price of $4.75.ROTH MKM initiated its Buy rating on June 21, 2023, with a $4.75 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 May 01 ’24 when Hwang Tim sold 30,168 shares for $1.33 per share. The transaction valued at 40,087 led to the insider holds 2,747,400 shares of the business.
Resnik Josh sold 3,751 shares of NOTE for $5,105 on Apr 30 ’24. The President and COO now owns 455,691 shares after completing the transaction at $1.36 per share. On Apr 08 ’24, another insider, Resnik Josh, who serves as the President and COO of the company, sold 938 shares for $1.39 each. As a result, the insider received 1,302 and left with 459,442 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, NOTE now has a Market Capitalization of 187926144 and an Enterprise Value of 406231232. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 4.07. Its current Enterprise Value per Revenue stands at 3.063 whereas that against EBITDA is -7.635.
Stock Price History:
Over the past 52 weeks, NOTE has reached a high of $4.51, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is -7.58%, while the 200-Day Moving Average is calculated to be -19.34%.
Shares Statistics:
According to the various share statistics, NOTE traded on average about 873.34K shares per day over the past 3-months and 426660 shares per day over the past 10 days. A total of 121.68M shares are outstanding, with a floating share count of 106.90M. Insiders hold about 20.36% of the company’s shares, while institutions hold 35.96% stake in the company. Shares short for NOTE as of 1713139200 were 8268710 with a Short Ratio of 9.47, compared to 1710460800 on 7096469. Therefore, it implies a Short% of Shares Outstanding of 8268710 and a Short% of Float of 39.68.
