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The price of Conns Inc (NASDAQ: CONN) closed at $0.35 in the last session, up 4.45% from day before closing price of $0.34. In other words, the price has increased by $4.45 from its previous closing price. On the day, 0.81 million shares were traded. CONN stock price reached its highest trading level at $0.4 during the session, while it also had its lowest trading level at $0.325.
Ratios:
We take a closer look at CONN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.87 and its Current Ratio is at 2.58. In the meantime, Its Debt-to-Equity ratio is 3.36 whereas as Long-Term Debt/Eq ratio is at 2.90.
On March 23, 2020, Stephens Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $20 to $6.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 24 ’24 when MARTIN DOUGLAS H bought 1,000 shares for $3.74 per share. The transaction valued at 3,740 led to the insider holds 58,894 shares of the business.
MARTIN DOUGLAS H bought 4,817 shares of CONN for $17,863 on Apr 23 ’24. The Director now owns 57,894 shares after completing the transaction at $3.71 per share. On Apr 22 ’24, another insider, MARTIN DOUGLAS H, who serves as the Director of the company, bought 4,000 shares for $3.70 each. As a result, the insider paid 14,800 and bolstered with 53,077 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, CONN now has a Market Capitalization of 8710100 and an Enterprise Value of 1724113280. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.01 while its Price-to-Book (P/B) ratio in mrq is 0.02. Its current Enterprise Value per Revenue stands at 1.393 whereas that against EBITDA is -11.255.
Stock Price History:
Over the past 52 weeks, CONN has reached a high of $5.26, while it has fallen to a 52-week low of $0.31. The 50-Day Moving Average of the stock is -82.54%, while the 200-Day Moving Average is calculated to be -89.41%.
Shares Statistics:
According to the various share statistics, CONN traded on average about 440.25K shares per day over the past 3-months and 1204580 shares per day over the past 10 days. A total of 24.59M shares are outstanding, with a floating share count of 13.06M. Insiders hold about 47.52% of the company’s shares, while institutions hold 27.33% stake in the company. Shares short for CONN as of 1721001600 were 3134650 with a Short Ratio of 7.12, compared to 1718323200 on 2038787. Therefore, it implies a Short% of Shares Outstanding of 3134650 and a Short% of Float of 13.819999999999999.
