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As of close of business last night, Cloudflare Inc’s stock clocked out at $99.83, up 0.46% from its previous closing price of $99.37. In other words, the price has increased by $0.46 from its previous closing price. On the day, 1.04 million shares were traded. NET stock price reached its highest trading level at $101.14 during the session, while it also had its lowest trading level at $98.89.
Ratios:
To gain a deeper understanding of NET’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 18.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 202.61. For the most recent quarter (mrq), Quick Ratio is recorded 3.37 and its Current Ratio is at 3.37. In the meantime, Its Debt-to-Equity ratio is 1.49 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 this company, Exane BNP Paribas on October 08, 2024, initiated with a Underperform rating and assigned the stock a target price of $65.
On July 08, 2024, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $85.Scotiabank initiated its Sector Perform rating on July 08, 2024, with a $85 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 Nov 25 ’24 when Zatlyn Michelle sold 35,118 shares for $105.30 per share. The transaction valued at 3,697,890 led to the insider holds 0 shares of the business.
Zatlyn Michelle sold 25,640 shares of NET for $2,676,675 on Nov 26 ’24. The President and COO now owns 0 shares after completing the transaction at $104.39 per share. On Nov 27 ’24, another insider, Zatlyn Michelle, who serves as the President and COO of the company, sold 25,640 shares for $100.44 each. As a result, the insider received 2,575,257 and left with 0 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, NET now has a Market Capitalization of 34103226368 and an Enterprise Value of 33887936512. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.89 while its Price-to-Book (P/B) ratio in mrq is 35.19. Its current Enterprise Value per Revenue stands at 21.555 whereas that against EBITDA is -782.36.
Stock Price History:
Over the past 52 weeks, NET has reached a high of $116.00, while it has fallen to a 52-week low of $66.24. The 50-Day Moving Average of the stock is 11.03%, while the 200-Day Moving Average is calculated to be 17.01%.
Shares Statistics:
It appears that NET traded 2.58M shares on average per day over the past three months and 2980510 shares per day over the past ten days. A total of 343.19M shares are outstanding, with a floating share count of 300.29M. Insiders hold about 12.50% of the company’s shares, while institutions hold 75.77% stake in the company. Shares short for NET as of 1731628800 were 8694790 with a Short Ratio of 3.37, compared to 1728950400 on 9767883. Therefore, it implies a Short% of Shares Outstanding of 8694790 and a Short% of Float of 3.18.
