Market Watch: GoodRx Holdings Inc (GDRX)’s Noteworthy Drop, Closing at 6.38

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As of close of business last night, GoodRx Holdings Inc’s stock clocked out at $6.38, down -0.47% from its previous closing price of $6.41. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 0.63 million shares were traded. GDRX stock price reached its highest trading level at $6.52 during the session, while it also had its lowest trading level at $6.36.

Ratios:

To gain a deeper understanding of GDRX’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 4.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.04. For the most recent quarter (mrq), Quick Ratio is recorded 7.32 and its Current Ratio is at 7.32. In the meantime, Its Debt-to-Equity ratio is 1.06 whereas as Long-Term Debt/Eq ratio is at 1.04.

On May 23, 2024, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform and also upped its target price recommendation from $8 to $10.

Raymond James Upgraded its Mkt Perform to Outperform on May 16, 2024, while the target price for the stock was maintained at $10.

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 Sep 03 ’24 when Spectrum Equity VII, L.P. sold 10,677 shares for $7.86 per share. The transaction valued at 83,922 led to the insider holds 0 shares of the business.

Spectrum VII Investment Manage bought 6,828 shares of GDRX for $53,668 on Sep 03 ’24. On Sep 03 ’24, another insider, Spectrum VII Co-Investment Fun, who serves as the Affiliate of the company, bought 3,849 shares for $7.86 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GDRX now has a Market Capitalization of 2428502528 and an Enterprise Value of 2603388416. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.12 while its Price-to-Book (P/B) ratio in mrq is 3.61. Its current Enterprise Value per Revenue stands at 3.359 whereas that against EBITDA is 39.143.

Stock Price History:

Over the past 52 weeks, GDRX has reached a high of $9.26, while it has fallen to a 52-week low of $4.14. The 50-Day Moving Average of the stock is -11.51%, while the 200-Day Moving Average is calculated to be -12.71%.

Shares Statistics:

It appears that GDRX traded 1.29M shares on average per day over the past three months and 737020 shares per day over the past ten days. A total of 92.36M shares are outstanding, with a floating share count of 81.18M. Insiders hold about 78.61% of the company’s shares, while institutions hold 15.17% stake in the company. Shares short for GDRX as of 1728950400 were 8956174 with a Short Ratio of 6.97, compared to 1726185600 on 8954638. Therefore, it implies a Short% of Shares Outstanding of 8956174 and a Short% of Float of 10.209999999999999.

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