Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $0.58 in the prior trading day, Marketwise Inc (NASDAQ: MKTW) closed at $0.52, down -10.46%. In other words, the price has decreased by -$10.46 from its previous closing price. On the day, 1.07 million shares were traded. MKTW stock price reached its highest trading level at $0.568 during the session, while it also had its lowest trading level at $0.5156.
Ratios:
Our goal is to gain a better understanding of MKTW by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.43.
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, UBS on December 01, 2023, Downgraded its rating to Neutral and sets its target price to $3.50 from $3 previously.
Wedbush Downgraded its Outperform to Neutral on March 11, 2022, whereas the target price for the stock was revised from $11 to $6.
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 Tongue Glenn H bought 10,764 shares for $0.70 per share. The transaction valued at 7,519 led to the insider holds 24,038 shares of the business.
Tongue Glenn H bought 5,000 shares of MKTW for $3,500 on Sep 18 ’24. The Director now owns 255,812 shares after completing the transaction at $0.70 per share. On May 17 ’24, another insider, Greenhaven Road Investment Man, who serves as the 10% Owner of the company, sold 103,304 shares for $1.58 each. As a result, the insider received 163,313 and left with 1,893,408 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, MKTW now has a Market Capitalization of 20796640 and an Enterprise Value of -275471808. As of this moment, Marketwise’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.90, and their Forward P/E ratio for the next fiscal year is 2.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41. Its current Enterprise Value per Revenue stands at -0.674 whereas that against EBITDA is -2.897.
Stock Price History:
The Beta on a monthly basis for MKTW is 0.36, which has changed by -0.70114946 over the last 52 weeks, in comparison to a change of 0.07465422 over the same period for the S&P500. Over the past 52 weeks, MKTW has reached a high of $1.88, while it has fallen to a 52-week low of $0.44. The 50-Day Moving Average of the stock is -13.93%, while the 200-Day Moving Average is calculated to be -28.56%.
Shares Statistics:
The stock has traded on average 642.86K shares per day over the past 3-months and 580170 shares per day over the last 10 days, according to various share statistics. A total of 39.56M shares are outstanding, with a floating share count of 28.54M. Insiders hold about 36.59% of the company’s shares, while institutions hold 23.72% stake in the company. Shares short for MKTW as of 1740700800 were 1410730 with a Short Ratio of 2.19, compared to 1738281600 on 1334055. Therefore, it implies a Short% of Shares Outstanding of 1410730 and a Short% of Float of 4.5700002.
Dividends & Splits
In the trailing 12 months, MKTW’s forward annual dividend rate was 0.04, compared to 0.04 this year. Against a Trailing Annual Dividend Yield of 0.07002801
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for MKTW’s current fiscal year. The highest revenue estimate was $307.3M, while the lowest revenue estimate was $307.3M, resulting in an average revenue estimate of $307.3M. In the same quarter a year ago, actual revenue was $408.7MBased on 1 analysts’ estimates, the company’s revenue will be $355.66M in the next fiscal year. The high estimate is $355.66M and the low estimate is $355.66M.
