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The closing price of Chegg Inc (NYSE: CHGG) was $0.69 for the day, down -4.66% from the previous closing price of $0.72. In other words, the price has decreased by -$4.66 from its previous closing price. On the day, 6.52 million shares were traded.
Ratios:
Our analysis of CHGG’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 0.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.45. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 2.61 whereas as Long-Term Debt/Eq ratio is at 0.76.
On January 14, 2025, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $2 to $1.25.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.37.
Stock Price History:
Over the past 52 weeks, CHGG has reached a high of $5.03, while it has fallen to a 52-week low of $0.44. The 50-Day Moving Average of the stock is 0.27%, while the 200-Day Moving Average is calculated to be -56.40%.
Shares Statistics:
A total of 104.88M shares are outstanding, with a floating share count of 97.83M. Insiders hold about 7.16% of the company’s shares, while institutions hold 74.28% stake in the company.
