Market Watch Highlights: Weave Communications Inc (WEAV) Ends on an Upturn Note at 14.02

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As of close of business last night, Weave Communications Inc’s stock clocked out at $14.02, up 1.67% from its previous closing price of $13.79. In other words, the price has increased by $1.67 from its previous closing price. On the day, 3.27 million shares were traded. WEAV stock price reached its highest trading level at $14.34 during the session, while it also had its lowest trading level at $13.2504.

Ratios:

To gain a deeper understanding of WEAV’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 10.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 176.33. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.68.

On January 02, 2024, Piper Sandler Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $8 to $15.

Loop Capital Upgraded its Hold to Buy on June 26, 2023, whereas the target price for the stock was revised from $5 to $13.

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 Oct 14 ’24 when Taylor Alan bought 8,710 shares for $14.12 per share.

PELION VENTURES VI LP bought 113,395 shares of WEAV for $1,563,717 on Oct 31 ’24. On Oct 31 ’24, another insider, PELION VENTURES VI-A LP, who serves as the 10% Owner of the company, bought 7,753 shares for $13.79 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WEAV now has a Market Capitalization of 1006819776 and an Enterprise Value of 975230912. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.38 while its Price-to-Book (P/B) ratio in mrq is 14.39. Its current Enterprise Value per Revenue stands at 4.98 whereas that against EBITDA is -45.083.

Stock Price History:

Over the past 52 weeks, WEAV has reached a high of $13.86, while it has fallen to a 52-week low of $6.89. The 50-Day Moving Average of the stock is 15.29%, while the 200-Day Moving Average is calculated to be 27.36%.

Shares Statistics:

It appears that WEAV traded 522.14K shares on average per day over the past three months and 973930 shares per day over the past ten days. A total of 70.12M shares are outstanding, with a floating share count of 48.18M. Insiders hold about 32.91% of the company’s shares, while institutions hold 51.85% stake in the company. Shares short for WEAV as of 1728950400 were 892720 with a Short Ratio of 1.71, compared to 1726185600 on 427210. Therefore, it implies a Short% of Shares Outstanding of 892720 and a Short% of Float of 2.25.

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