Market Watch: CyberArk Software Ltd (CYBR)’s Noteworthy Drop, Closing at 234.88

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As of close of business last night, CyberArk Software Ltd’s stock clocked out at $234.88, down -1.09% from its previous closing price of $237.47. In other words, the price has decreased by -$1.09 from its previous closing price. On the day, 0.56 million shares were traded. CYBR stock price reached its highest trading level at $235.85 during the session, while it also had its lowest trading level at $232.4325.

Ratios:

To gain a deeper understanding of CYBR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 87.19. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.00.

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, BTIG Research on March 28, 2024, initiated with a Buy rating and assigned the stock a target price of $317.

Morgan Stanley Downgraded its Overweight to Equal-Weight on January 09, 2024, whereas the target price for the stock was revised from $195 to $240.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CYBR now has a Market Capitalization of 9938289664 and an Enterprise Value of 9570601984. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.24 while its Price-to-Book (P/B) ratio in mrq is 11.87. Its current Enterprise Value per Revenue stands at 11.79 whereas that against EBITDA is -158.257.

Stock Price History:

Over the past 52 weeks, CYBR has reached a high of $283.00, while it has fallen to a 52-week low of $133.84. The 50-Day Moving Average of the stock is -7.31%, while the 200-Day Moving Average is calculated to be 13.69%.

Shares Statistics:

It appears that CYBR traded 583.87K shares on average per day over the past three months and 619010 shares per day over the past ten days. A total of 42.26M shares are outstanding, with a floating share count of 42.22M. Insiders hold about 0.23% of the company’s shares, while institutions hold 90.44% stake in the company. Shares short for CYBR as of 1713139200 were 1703796 with a Short Ratio of 2.92, compared to 1710460800 on 1734248. Therefore, it implies a Short% of Shares Outstanding of 1703796 and a Short% of Float of 4.0700004.

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