Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of BigCommerce Holdings Inc (NASDAQ: BIGC) was $6.19 for the day, up 0.98% from the previous closing price of $6.13. In other words, the price has increased by $0.98 from its previous closing price. On the day, 0.63 million shares were traded. BIGC stock price reached its highest trading level at $6.215 during the session, while it also had its lowest trading level at $6.03.
Ratios:
Our analysis of BIGC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.38. For the most recent quarter (mrq), Quick Ratio is recorded 2.71 and its Current Ratio is at 2.71. In the meantime, Its Debt-to-Equity ratio is 7.66 whereas as Long-Term Debt/Eq ratio is at 7.55.
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, BofA Securities on March 25, 2024, Downgraded its rating to Underperform and sets its target price to $7.50 from $11 previously.
On February 05, 2024, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $11.50 to $9.50.
On September 22, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $12.UBS initiated its Neutral rating on September 22, 2023, with a $12 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 13 ’24 when Richards Jeffrey Gordon sold 76,571 shares for $5.61 per share. The transaction valued at 429,533 led to the insider holds 7,192 shares of the business.
Richards Jeffrey Gordon sold 53,718 shares of BIGC for $293,461 on Aug 14 ’24. The Director now owns 5,291 shares after completing the transaction at $5.46 per share. On Aug 14 ’24, another insider, GGV CAP V ENTREPRENEURS FD LP, who serves as the Director of the company, bought 1,901 shares for $5.46 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BIGC now has a Market Capitalization of 485172192 and an Enterprise Value of 538483072. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.43 while its Price-to-Book (P/B) ratio in mrq is 16.73. Its current Enterprise Value per Revenue stands at 1.632 whereas that against EBITDA is -29.859.
Stock Price History:
Over the past 52 weeks, BIGC has reached a high of $10.19, while it has fallen to a 52-week low of $5.12. The 50-Day Moving Average of the stock is -3.31%, while the 200-Day Moving Average is calculated to be -7.50%.
Shares Statistics:
BIGC traded an average of 937.03K shares per day over the past three months and 909360 shares per day over the past ten days. A total of 78.35M shares are outstanding, with a floating share count of 63.30M. Insiders hold about 19.23% of the company’s shares, while institutions hold 73.41% stake in the company. Shares short for BIGC as of 1734048000 were 6522610 with a Short Ratio of 6.96, compared to 1731628800 on 7845513. Therefore, it implies a Short% of Shares Outstanding of 6522610 and a Short% of Float of 10.229999600000001.
