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, Udemy Inc (NASDAQ: UDMY) closed at $9.91 down -1.29% from its previous closing price of $10.04. In other words, the price has decreased by -$1.29 from its previous closing price. On the day, 0.73 million shares were traded. UDMY stock price reached its highest trading level at $10.06 during the session, while it also had its lowest trading level at $9.875.
Ratios:
For a deeper understanding of Udemy Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 1.56. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.
On July 18, 2022, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $13 to $11.
On March 30, 2022, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $22.Cantor Fitzgerald initiated its Overweight rating on March 30, 2022, with a $22 target price.
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 Apr 01 ’24 when Bali Eren sold 15,000 shares for $10.96 per share. The transaction valued at 164,400 led to the insider holds 1,661,050 shares of the business.
Bali Eren sold 15,000 shares of UDMY for $164,550 on Mar 15 ’24. The Director now owns 1,676,050 shares after completing the transaction at $10.97 per share. On Mar 06 ’24, another insider, Brown Gregory Scott, who serves as the President and CEO of the company, sold 10,000 shares for $11.04 each. As a result, the insider received 110,400 and left with 1,163,328 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, UDMY now has a Market Capitalization of 1538696064 and an Enterprise Value of 1096671744. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.15 while its Price-to-Book (P/B) ratio in mrq is 4.36. Its current Enterprise Value per Revenue stands at 1.504 whereas that against EBITDA is -10.49.
Stock Price History:
Over the past 52 weeks, UDMY has reached a high of $16.01, while it has fallen to a 52-week low of $8.17. The 50-Day Moving Average of the stock is -8.80%, while the 200-Day Moving Average is calculated to be -15.07%.
Shares Statistics:
For the past three months, UDMY has traded an average of 886.63K shares per day and 589750 over the past ten days. A total of 157.17M shares are outstanding, with a floating share count of 78.71M. Insiders hold about 50.21% of the company’s shares, while institutions hold 38.92% stake in the company. Shares short for UDMY as of 1713139200 were 3878487 with a Short Ratio of 4.37, compared to 1710460800 on 4791545. Therefore, it implies a Short% of Shares Outstanding of 3878487 and a Short% of Float of 4.099999700000001.
