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 Reddit Inc (NYSE: RDDT) was $96.16 for the day, up 0.82% from the previous closing price of $95.38. In other words, the price has increased by $0.82 from its previous closing price. On the day, 2.85 million shares were traded. RDDT stock price reached its highest trading level at $96.8699 during the session, while it also had its lowest trading level at $93.0801.
Ratios:
Our analysis of RDDT’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 9.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 80.60. For the most recent quarter (mrq), Quick Ratio is recorded 12.63 and its Current Ratio is at 12.63. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 this company, Oppenheimer on April 16, 2025, initiated with a Outperform rating and assigned the stock a target price of $125.
On April 07, 2025, Truist started tracking the stock assigning a Buy rating and target price of $150.
On March 17, 2025, Redburn Atlantic started tracking the stock assigning a Sell rating and target price of $75.Redburn Atlantic initiated its Sell rating on March 17, 2025, with a $75 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 Apr 16 ’25 when Wong Jennifer L. sold 33,334 shares for $93.99 per share. The transaction valued at 3,133,100 led to the insider holds 1,466,119 shares of the business.
Huffman Steve Ladd sold 124,408 shares of RDDT for $12,024,331 on Apr 15 ’25. The CEO & President now owns 577,013 shares after completing the transaction at $96.65 per share. On Mar 31 ’25, another insider, Huffman Steve Ladd, who serves as the CEO & President of the company, sold 14,000 shares for $103.28 each. As a result, the insider received 1,445,914 and left with 577,013 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, RDDT now has a Market Capitalization of 17395728384 and an Enterprise Value of 15581655040. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.38 while its Price-to-Book (P/B) ratio in mrq is 8.14. Its current Enterprise Value per Revenue stands at 11.984 whereas that against EBITDA is -28.594.
Stock Price History:
The Beta on a monthly basis for RDDT is 2.95, which has changed by 1.2873454 over the last 52 weeks, in comparison to a change of 0.05430484 over the same period for the S&P500. Over the past 52 weeks, RDDT has reached a high of $230.41, while it has fallen to a 52-week low of $37.35. The 50-Day Moving Average of the stock is -30.98%, while the 200-Day Moving Average is calculated to be -16.36%.
Shares Statistics:
RDDT traded an average of 7.95M shares per day over the past three months and 7472030 shares per day over the past ten days. A total of 125.00M shares are outstanding, with a floating share count of 110.30M. Insiders hold about 39.03% of the company’s shares, while institutions hold 53.02% stake in the company. Shares short for RDDT as of 1743379200 were 18583198 with a Short Ratio of 2.34, compared to 1740700800 on 14653749.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
