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The closing price of QuinStreet Inc (NASDAQ: QNST) was $23.14 for the day, up 1.58% from the previous closing price of $22.78. In other words, the price has increased by $1.58 from its previous closing price. On the day, 0.6 million shares were traded. QNST stock price reached its highest trading level at $23.25 during the session, while it also had its lowest trading level at $22.5.
Ratios:
Our analysis of QNST’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 1.31. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
B. Riley Securities Upgraded its Neutral to Buy on November 30, 2023, whereas the target price for the stock was revised from $11 to $19.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 29 ’24 when Huizinga Stuart sold 2,980 shares for $23.00 per share. The transaction valued at 68,540 led to the insider holds 171,923 shares of the business.
Huizinga Stuart bought 2,980 shares of QNST for $68,540 on Nov 29 ’24. On Nov 25 ’24, another insider, Huizinga Stuart, who serves as the Director of the company, sold 7,020 shares for $23.21 each. As a result, the insider received 162,934 and left with 174,903 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, QNST now has a Market Capitalization of 1301925760 and an Enterprise Value of 1200152064. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.69 while its Price-to-Book (P/B) ratio in mrq is 5.91. Its current Enterprise Value per Revenue stands at 1.561 whereas that against EBITDA is -265.932.
Stock Price History:
Over the past 52 weeks, QNST has reached a high of $26.27, while it has fallen to a 52-week low of $11.22. The 50-Day Moving Average of the stock is 13.89%, while the 200-Day Moving Average is calculated to be 28.05%.
Shares Statistics:
QNST traded an average of 439.21K shares per day over the past three months and 401760 shares per day over the past ten days. A total of 56.13M shares are outstanding, with a floating share count of 51.26M. Insiders hold about 8.88% of the company’s shares, while institutions hold 90.80% stake in the company. Shares short for QNST as of 1731628800 were 2086714 with a Short Ratio of 4.75, compared to 1728950400 on 1932855. Therefore, it implies a Short% of Shares Outstanding of 2086714 and a Short% of Float of 5.4.
