Market Recap Check: Similarweb Ltd (SMWB)’s Positive Finish at 12.23, Up/Down 2.77

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The price of Similarweb Ltd (NYSE: SMWB) closed at $12.23 in the last session, up 2.77% from day before closing price of $11.90. In other words, the price has increased by $2.77 from its previous closing price. On the day, 0.59 million shares were traded. SMWB stock price reached its highest trading level at $12.31 during the session, while it also had its lowest trading level at $11.74.

Ratios:

We take a closer look at SMWB’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 14.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.94. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 0.69. In the meantime, Its Debt-to-Equity ratio is 1.57 whereas as Long-Term Debt/Eq ratio is at 1.24.

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, Needham on October 21, 2024, initiated with a Buy rating and assigned the stock a target price of $11.

On September 10, 2024, Northland Capital started tracking the stock assigning a Outperform rating and target price of $15.

Citigroup Upgraded its Neutral to Buy on February 15, 2024, whereas the target price for the stock was revised from $6 to $10.

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 Nov 18 ’24 when Offer Or bought 100,000 shares for $11.51 per share.

Seror Benjamin bought 50,000 shares of SMWB for $575,500 on Nov 18 ’24. On Nov 11 ’24, another insider, Seror Benjamin, who serves as the Officer of the company, bought 50,000 shares for $9.95 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMWB now has a Market Capitalization of 998745792 and an Enterprise Value of 843764352. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.31 while its Price-to-Book (P/B) ratio in mrq is 38.15. Its current Enterprise Value per Revenue stands at 3.649 whereas that against EBITDA is -1721.968.

Stock Price History:

Over the past 52 weeks, SMWB has reached a high of $12.09, while it has fallen to a 52-week low of $4.58. The 50-Day Moving Average of the stock is 32.44%, while the 200-Day Moving Average is calculated to be 48.15%.

Shares Statistics:

According to the various share statistics, SMWB traded on average about 301.89K shares per day over the past 3-months and 591430 shares per day over the past 10 days. A total of 78.65M shares are outstanding, with a floating share count of 43.86M. Insiders hold about 48.37% of the company’s shares, while institutions hold 26.56% stake in the company. Shares short for SMWB as of 1730332800 were 269138 with a Short Ratio of 0.89, compared to 1727654400 on 257258. Therefore, it implies a Short% of Shares Outstanding of 269138 and a Short% of Float of 0.77.

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