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The closing price of Maplebear Inc. (NASDAQ: CART) was $35.37 for the day, down -0.92% from the previous closing price of $35.70. In other words, the price has decreased by -$0.92 from its previous closing price. On the day, 1.83 million shares were traded. CART stock price reached its highest trading level at $35.64 during the session, while it also had its lowest trading level at $35.08.
Ratios:
Our analysis of CART’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 5.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.81. For the most recent quarter (mrq), Quick Ratio is recorded 3.45 and its Current Ratio is at 3.45. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Gordon Haskett Upgraded its Hold to Buy on June 05, 2024, whereas the target price for the stock was revised from $37 to $45.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 28 ’24 when Simo Fidji bought 33,000 shares for $35.27 per share.
Fong Morgan sold 10,992 shares of CART for $358,894 on Aug 20 ’24. The GENERAL COUNSEL & SECRETARY now owns 339,231 shares after completing the transaction at $32.65 per share. On Aug 20 ’24, another insider, Ramsay Alan, who serves as the CHIEF ACCOUNTING OFFICER of the company, sold 2,486 shares for $33.17 each. As a result, the insider received 82,461 and left with 101,711 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, CART now has a Market Capitalization of 9310728192 and an Enterprise Value of 7995660800. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.87 while its Price-to-Book (P/B) ratio in mrq is 3.07. Its current Enterprise Value per Revenue stands at 2.491 whereas that against EBITDA is -3.669.
Stock Price History:
Over the past 52 weeks, CART has reached a high of $42.95, while it has fallen to a 52-week low of $22.13. The 50-Day Moving Average of the stock is 5.53%, while the 200-Day Moving Average is calculated to be 14.09%.
Shares Statistics:
CART traded an average of 3.82M shares per day over the past three months and 3386890 shares per day over the past ten days. A total of 279.05M shares are outstanding, with a floating share count of 148.24M. Insiders hold about 43.16% of the company’s shares, while institutions hold 45.31% stake in the company. Shares short for CART as of 1723680000 were 11711422 with a Short Ratio of 3.06, compared to 1721001600 on 15478986. Therefore, it implies a Short% of Shares Outstanding of 11711422 and a Short% of Float of 23.0.
