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In the latest session, Despegar.com Corp (NYSE: DESP) closed at $11.68 down -2.18% from its previous closing price of $11.94. In other words, the price has decreased by -$2.18 from its previous closing price. On the day, 0.77 million shares were traded. DESP stock price reached its highest trading level at $12.04 during the session, while it also had its lowest trading level at $11.65.
Ratios:
For a deeper understanding of Despegar.com Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 0.80. In the meantime, Its Debt-to-Equity ratio is 7.03 whereas as Long-Term Debt/Eq ratio is at 2.31.
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, Citigroup on April 29, 2024, Downgraded its rating to Neutral and sets its target price to $14.50 from $11.50 previously.
On March 07, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $11.
Morgan Stanley Upgraded its Equal-Weight to Overweight on August 11, 2023, whereas the target price for the stock was revised from $6.50 to $13.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DESP now has a Market Capitalization of 860327808 and an Enterprise Value of 950536000. As of this moment, Despegar.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38933.33, and their Forward P/E ratio for the next fiscal year is 10.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08. Its current Enterprise Value per Revenue stands at 1.318 whereas that against EBITDA is 7.219.
Stock Price History:
The Beta on a monthly basis for DESP is 2.02, which has changed by 0.5267974 over the last 52 weeks, in comparison to a change of 0.20451367 over the same period for the S&P500. Over the past 52 weeks, DESP has reached a high of $15.82, while it has fallen to a 52-week low of $6.09. The 50-Day Moving Average of the stock is -14.83%, while the 200-Day Moving Average is calculated to be 10.95%.
Shares Statistics:
For the past three months, DESP has traded an average of 1.19M shares per day and 753930 over the past ten days. A total of 66.65M shares are outstanding, with a floating share count of 55.48M. Insiders hold about 16.76% of the company’s shares, while institutions hold 71.77% stake in the company. Shares short for DESP as of 1721001600 were 5489979 with a Short Ratio of 4.60, compared to 1718323200 on 722506. Therefore, it implies a Short% of Shares Outstanding of 5489979 and a Short% of Float of 7.7199996.
