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MeridianLink Inc (NYSE: MLNK) closed the day trading at $20.99 down -8.42% from the previous closing price of $22.92. In other words, the price has decreased by -$8.42 from its previous closing price. On the day, 1.6 million shares were traded. MLNK stock price reached its highest trading level at $21.65 during the session, while it also had its lowest trading level at $20.98.
Ratios:
For a better understanding of MLNK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.83. For the most recent quarter (mrq), Quick Ratio is recorded 1.98 and its Current Ratio is at 1.98. In the meantime, Its Debt-to-Equity ratio is 1.07 whereas as Long-Term Debt/Eq ratio is at 1.06.
On October 20, 2023, UBS started tracking the stock assigning a Sell rating and target price of $17.
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 20 ’24 when Maloof Chris bought 67,751 shares for $23.51 per share.
Nguyen Timothy sold 21,958 shares of MLNK for $527,082 on Sep 16 ’24. The 10% Owner now owns 11,030,488 shares after completing the transaction at $24.00 per share. On Sep 17 ’24, another insider, Nguyen Timothy, who serves as the 10% Owner of the company, sold 2,076 shares for $24.00 each. As a result, the insider received 49,826 and left with 11,028,412 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, MLNK now has a Market Capitalization of 1590844672 and an Enterprise Value of 1969751552. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.17 while its Price-to-Book (P/B) ratio in mrq is 3.62. Its current Enterprise Value per Revenue stands at 6.404 whereas that against EBITDA is 32.87.
Stock Price History:
Over the past 52 weeks, MLNK has reached a high of $25.88, while it has fallen to a 52-week low of $14.89. The 50-Day Moving Average of the stock is -8.08%, while the 200-Day Moving Average is calculated to be 1.00%.
Shares Statistics:
Over the past 3-months, MLNK traded about 257.00K shares per day on average, while over the past 10 days, MLNK traded about 539190 shares per day. A total of 78.45M shares are outstanding, with a floating share count of 21.11M. Insiders hold about 72.15% of the company’s shares, while institutions hold 28.67% stake in the company. Shares short for MLNK as of 1726185600 were 1534856 with a Short Ratio of 5.97, compared to 1723680000 on 1256055. Therefore, it implies a Short% of Shares Outstanding of 1534856 and a Short% of Float of 5.89.
