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As of close of business last night, GoodRx Holdings Inc’s stock clocked out at $8.59, up 5.40% from its previous closing price of $8.15. In other words, the price has increased by $5.40 from its previous closing price. On the day, 2.55 million shares were traded. GDRX stock price reached its highest trading level at $8.8 during the session, while it also had its lowest trading level at $8.03.
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 6.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.63. 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 Aug 12 ’24 when Nabiey Romin sold 79,000 shares for $6.77 per share. The transaction valued at 534,625 led to the insider holds 64,633 shares of the business.
ROMIN NABIEY bought 79,000 shares of GDRX for $534,625 on Aug 12 ’24. On Nov 30 ’23, another insider, Wagner Scott, who serves as the insider of the company, bought 21,652 shares for $5.76 each. As a result, the insider paid 124,806 and bolstered with 182,900 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, GDRX now has a Market Capitalization of 3259501312 and an Enterprise Value of 3441979648. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.21 while its Price-to-Book (P/B) ratio in mrq is 4.86. Its current Enterprise Value per Revenue stands at 4.441 whereas that against EBITDA is 51.751.
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 7.00%, while the 200-Day Moving Average is calculated to be 22.35%.
Shares Statistics:
It appears that GDRX traded 1.39M shares on average per day over the past three months and 1588740 shares per day over the past ten days. A total of 92.36M shares are outstanding, with a floating share count of 80.78M. Insiders hold about 78.71% of the company’s shares, while institutions hold 14.96% stake in the company. Shares short for GDRX as of 1722384000 were 7858036 with a Short Ratio of 5.92, compared to 1719532800 on 8255202. Therefore, it implies a Short% of Shares Outstanding of 7858036 and a Short% of Float of 8.959999999999999.
