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.
After finishing at $40.72 in the prior trading day, Tenable Holdings Inc (NASDAQ: TENB) closed at $39.49, down -3.02%. In other words, the price has decreased by -$3.02 from its previous closing price. On the day, 0.95 million shares were traded. TENB stock price reached its highest trading level at $40.44 during the session, while it also had its lowest trading level at $39.1575.
Ratios:
Our goal is to gain a better understanding of TENB 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 8.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.01. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 0.99.
On October 16, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $45.
DA Davidson Downgraded its Buy to Neutral on August 01, 2024, whereas the target price for the stock was revised from $56 to $40.
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 Nov 27 ’24 when Thurmond Mark C. sold 939 shares for $42.95 per share. The transaction valued at 40,330 led to the insider holds 38,046 shares of the business.
Thurmond Mark C. sold 3,423 shares of TENB for $145,727 on Nov 26 ’24. The Chief Operating Officer now owns 38,985 shares after completing the transaction at $42.57 per share. On Nov 27 ’24, another insider, Thurmond Mark C., who serves as the Officer of the company, bought 939 shares for $42.95 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TENB now has a Market Capitalization of 4744131584 and an Enterprise Value of 4605442560. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.24 while its Price-to-Book (P/B) ratio in mrq is 11.84. Its current Enterprise Value per Revenue stands at 5.248 whereas that against EBITDA is 305.766.
Stock Price History:
Over the past 52 weeks, TENB has reached a high of $53.50, while it has fallen to a 52-week low of $35.25. The 50-Day Moving Average of the stock is -4.91%, while the 200-Day Moving Average is calculated to be -7.62%.
Shares Statistics:
The stock has traded on average 899.45K shares per day over the past 3-months and 966140 shares per day over the last 10 days, according to various share statistics. A total of 121.34M shares are outstanding, with a floating share count of 118.04M. Insiders hold about 1.74% of the company’s shares, while institutions hold 91.48% stake in the company. Shares short for TENB as of 1734048000 were 3472436 with a Short Ratio of 3.86, compared to 1731628800 on 3777551. Therefore, it implies a Short% of Shares Outstanding of 3472436 and a Short% of Float of 3.73.
