Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, E.W. Scripps Co (NASDAQ: SSP) closed at $1.46 down -9.88% from its previous closing price of $1.62. In other words, the price has decreased by -$9.88 from its previous closing price. On the day, 0.71 million shares were traded.
Ratios:
For a deeper understanding of E.W. Scripps Co’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.63. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 2.37 whereas as Long-Term Debt/Eq ratio is at 2.34.
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, Wells Fargo on November 09, 2022, Downgraded its rating to Equal Weight and sets its target price to $11 from $20 previously.
The Benchmark Company reiterated its Buy rating for the stock on November 11, 2019, while the target price for the stock was revised from $25 to $24.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 13 ’24 when Scagliotti R. Michael bought 2,300 shares for $4.16 per share. The transaction valued at 9,568 led to the insider holds 41,747 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.16.
Stock Price History:
Over the past 52 weeks, SSP has reached a high of $5.12, while it has fallen to a 52-week low of $1.58. The 50-Day Moving Average of the stock is -27.61%, while the 200-Day Moving Average is calculated to be -38.83%.
Shares Statistics:
A total of 74.43M shares are outstanding, with a floating share count of 71.91M. Insiders hold about 16.74% of the company’s shares, while institutions hold 62.90% stake in the company.