In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, FiscalNote Holdings Inc (NYSE: NOTE) closed at $1.15 down -7.26% from its previous closing price of $1.24. In other words, the price has decreased by -$7.26 from its previous closing price. On the day, 0.51 million shares were traded. NOTE stock price reached its highest trading level at $1.22 during the session, while it also had its lowest trading level at $1.11.
Ratios:
For a deeper understanding of FiscalNote Holdings Inc’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 08 ’24 when Resnik Josh sold 938 shares for $1.39 per share. The transaction valued at 1,302 led to the insider holds 459,442 shares of the business.
Slabaugh Jon sold 928 shares of NOTE for $1,288 on Apr 08 ’24. The CFO and SVP, Corp. Dev. now owns 140,377 shares after completing the transaction at $1.39 per share. On Apr 05 ’24, another insider, Donnell Paul, who serves as the Chief Accounting Officer of the company, sold 500 shares for $1.33 each. As a result, the insider received 667 and left with 26,366 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 154367936 and an Enterprise Value of 378719168. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.14 while its Price-to-Book (P/B) ratio in mrq is 3.44. Its current Enterprise Value per Revenue stands at 2.855 whereas that against EBITDA is -7.118.
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 -24.80%, while the 200-Day Moving Average is calculated to be -37.16%.
Shares Statistics:
For the past three months, NOTE has traded an average of 956.86K shares per day and 552900 over the past ten days. A total of 121.68M shares are outstanding, with a floating share count of 104.22M. Insiders hold about 20.45% of the company’s shares, while institutions hold 37.04% stake in the company. Shares short for NOTE as of 1711584000 were 8055295 with a Short Ratio of 8.42, compared to 1709164800 on 6137608. Therefore, it implies a Short% of Shares Outstanding of 8055295 and a Short% of Float of 42.119997999999995.
Earnings Estimates
As of right now, 10-Year T-Note Futures,Jun-2024 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $102.91, with high estimates of $104.90 and low estimates of $101.48.
