Market Watch: Five9 Inc (FIVN)’s Noteworthy Gain, Closing at 34.97

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As of close of business last night, Five9 Inc’s stock clocked out at $34.97, up 6.23% from its previous closing price of $32.92. In other words, the price has increased by $6.23 from its previous closing price. On the day, 1.33 million shares were traded. FIVN stock price reached its highest trading level at $35.16 during the session, while it also had its lowest trading level at $33.04.

Ratios:

To gain a deeper understanding of FIVN’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 2.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.26. For the most recent quarter (mrq), Quick Ratio is recorded 2.04 and its Current Ratio is at 2.04. In the meantime, Its Debt-to-Equity ratio is 2.30 whereas as Long-Term Debt/Eq ratio is at 1.45.

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 the company, Robert W. Baird on August 09, 2024, Downgraded its rating to Neutral and sets its target price to $40 from $90 previously.

On August 05, 2024, BofA Securities Upgraded its rating to Buy which previously was Underperform but kept the price unchanged to $63.

On March 15, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $80.RBC Capital Mkts initiated its Outperform rating on March 15, 2024, with a $80 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 01 ’24 when Burkland Daniel P. sold 2,637 shares for $43.55 per share. The transaction valued at 114,841 led to the insider holds 130,079 shares of the business.

Daniel Burkland bought 2,637 shares of FIVN for $114,834 on Aug 01 ’24. On Jul 16 ’24, another insider, ZWARENSTEIN BARRY, who serves as the Chief Financial Officer of the company, sold 6,207 shares for $45.01 each. As a result, the insider received 279,377 and left with 85,121 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, FIVN now has a Market Capitalization of 2613521408 and an Enterprise Value of 2715013376. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.70 while its Price-to-Book (P/B) ratio in mrq is 4.97. Its current Enterprise Value per Revenue stands at 2.804 whereas that against EBITDA is -103.821.

Stock Price History:

Over the past 52 weeks, FIVN has reached a high of $92.40, while it has fallen to a 52-week low of $28.75. The 50-Day Moving Average of the stock is -15.91%, while the 200-Day Moving Average is calculated to be -41.81%.

Shares Statistics:

It appears that FIVN traded 1.55M shares on average per day over the past three months and 3070120 shares per day over the past ten days. A total of 73.32M shares are outstanding, with a floating share count of 73.24M. Insiders hold about 2.00% of the company’s shares, while institutions hold 106.37% stake in the company. Shares short for FIVN as of 1722384000 were 6284270 with a Short Ratio of 4.05, compared to 1719532800 on 6065144. Therefore, it implies a Short% of Shares Outstanding of 6284270 and a Short% of Float of 8.49.

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