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After finishing at $11.12 in the prior trading day, Weave Communications Inc (NYSE: WEAV) closed at $12.02, up 8.09%. In other words, the price has increased by $8.09 from its previous closing price. On the day, 0.73 million shares were traded. WEAV stock price reached its highest trading level at $12.06 during the session, while it also had its lowest trading level at $11.22.
Ratios:
Our goal is to gain a better understanding of WEAV 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 8.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 151.17. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 17 ’24 when Taylor Alan sold 13,295 shares for $11.03 per share. The transaction valued at 146,644 led to the insider holds 475,941 shares of the business.
Taylor Alan sold 36,319 shares of WEAV for $378,444 on Sep 16 ’24. The Chief Financial Officer now owns 489,236 shares after completing the transaction at $10.42 per share. On Sep 17 ’24, another insider, Taylor Alan, who serves as the Officer of the company, bought 13,295 shares for $11.03 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 863193536 and an Enterprise Value of 821909120. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.62 while its Price-to-Book (P/B) ratio in mrq is 12.34. Its current Enterprise Value per Revenue stands at 4.395 whereas that against EBITDA is -35.813.
Stock Price History:
Over the past 52 weeks, WEAV has reached a high of $13.80, while it has fallen to a 52-week low of $6.67. The 50-Day Moving Average of the stock is 14.96%, while the 200-Day Moving Average is calculated to be 12.40%.
Shares Statistics:
The stock has traded on average 351.95K shares per day over the past 3-months and 362280 shares per day over the last 10 days, according to various share statistics. A total of 70.12M shares are outstanding, with a floating share count of 47.89M. Insiders hold about 33.31% of the company’s shares, while institutions hold 50.82% stake in the company. Shares short for WEAV as of 1724976000 were 462659 with a Short Ratio of 1.31, compared to 1722384000 on 867876. Therefore, it implies a Short% of Shares Outstanding of 462659 and a Short% of Float of 1.17.
