Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $20.51 in the prior trading day, Fiverr International Ltd (NYSE: FVRR) closed at $20.83, up 1.56%. In other words, the price has increased by $1.56 from its previous closing price. On the day, 0.88 million shares were traded. FVRR stock price reached its highest trading level at $21.56 during the session, while it also had its lowest trading level at $20.32.
Ratios:
Our goal is to gain a better understanding of FVRR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.17. For the most recent quarter (mrq), Quick Ratio is recorded 2.89 and its Current Ratio is at 2.89. In the meantime, Its Debt-to-Equity ratio is 1.30 whereas as Long-Term Debt/Eq ratio is at 1.29.
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, Piper Sandler on February 22, 2024, Downgraded its rating to Neutral and sets its target price to $25 from $30 previously.
On January 19, 2024, Goldman Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $43.
On October 04, 2023, UBS started tracking the stock assigning a Buy rating and target price of $33.UBS initiated its Buy rating on October 04, 2023, with a $33 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FVRR now has a Market Capitalization of 806164736 and an Enterprise Value of 851149824. As of this moment, Fiverr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 243.91, and their Forward P/E ratio for the next fiscal year is 8.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.23 while its Price-to-Book (P/B) ratio in mrq is 2.26. Its current Enterprise Value per Revenue stands at 2.355 whereas that against EBITDA is -93.307.
Stock Price History:
Over the past 52 weeks, FVRR has reached a high of $36.88, while it has fallen to a 52-week low of $18.83. The 50-Day Moving Average of the stock is -3.33%, while the 200-Day Moving Average is calculated to be -17.65%.
Shares Statistics:
The stock has traded on average 1.01M shares per day over the past 3-months and 654190 shares per day over the last 10 days, according to various share statistics. A total of 38.65M shares are outstanding, with a floating share count of 33.25M. Insiders hold about 14.08% of the company’s shares, while institutions hold 52.57% stake in the company. Shares short for FVRR as of 1713139200 were 3673247 with a Short Ratio of 3.63, compared to 1710460800 on 3674060. Therefore, it implies a Short% of Shares Outstanding of 3673247 and a Short% of Float of 11.12.
