Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $32.36 in the prior trading day, LiveRamp Holdings Inc (NYSE: RAMP) closed at $31.99, down -1.14%. In other words, the price has decreased by -$1.14 from its previous closing price. On the day, 0.75 million shares were traded. RAMP stock price reached its highest trading level at $32.33 during the session, while it also had its lowest trading level at $31.7.
Ratios:
Our goal is to gain a better understanding of RAMP 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 3.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.13. For the most recent quarter (mrq), Quick Ratio is recorded 3.69 and its Current Ratio is at 3.69. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
On June 21, 2023, The Benchmark Company Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $33.
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 Feb 15 ’24 when Hussain Mohsin sold 12,480 shares for $37.27 per share. The transaction valued at 465,130 led to the insider holds 80,753 shares of the business.
CADOGAN TIMOTHY R. sold 1,500 shares of RAMP for $55,500 on Feb 13 ’24. The Director now owns 51,016 shares after completing the transaction at $37.00 per share. On Dec 29 ’23, another insider, CADOGAN TIMOTHY R., who serves as the Director of the company, sold 1,500 shares for $38.31 each. As a result, the insider received 57,465 and left with 51,431 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, RAMP now has a Market Capitalization of 2117216512 and an Enterprise Value of 1630152576. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.33 while its Price-to-Book (P/B) ratio in mrq is 2.24. Its current Enterprise Value per Revenue stands at 2.561 whereas that against EBITDA is 95.003.
Stock Price History:
Over the past 52 weeks, RAMP has reached a high of $42.66, while it has fallen to a 52-week low of $22.52. The 50-Day Moving Average of the stock is -6.98%, while the 200-Day Moving Average is calculated to be -2.94%.
Shares Statistics:
The stock has traded on average 602.96K shares per day over the past 3-months and 503560 shares per day over the last 10 days, according to various share statistics. A total of 66.61M shares are outstanding, with a floating share count of 64.07M. Insiders hold about 3.20% of the company’s shares, while institutions hold 92.39% stake in the company. Shares short for RAMP as of 1713139200 were 2218546 with a Short Ratio of 3.68, compared to 1710460800 on 2224310. Therefore, it implies a Short% of Shares Outstanding of 2218546 and a Short% of Float of 4.9099997.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.1.
