Stock Market Recap: E2open Parent Holdings Inc (ETWO) Concludes at 4.15, a -5.90 Surge/Decline

Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

After finishing at $4.41 in the prior trading day, E2open Parent Holdings Inc (NYSE: ETWO) closed at $4.15, down -5.90%. In other words, the price has decreased by -$5.90 from its previous closing price. On the day, 1.21 million shares were traded. ETWO stock price reached its highest trading level at $4.4 during the session, while it also had its lowest trading level at $4.1.

Ratios:

Our goal is to gain a better understanding of ETWO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.23. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.72.

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, Morgan Stanley on January 17, 2024, initiated with a Equal-Weight rating and assigned the stock a target price of $4.

On October 12, 2023, Redburn Atlantic Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $8.50 to $4.

Loop Capital Downgraded its Buy to Hold on June 08, 2023, whereas the target price for the stock was revised from $7 to $5.

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 Oct 05 ’23 when Farlekas Michael sold 13,000 shares for $4.12 per share. The transaction valued at 53,518 led to the insider holds 201,474 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ETWO now has a Market Capitalization of 1278075520 and an Enterprise Value of 2287848704. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.07 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 7.304 whereas that against EBITDA is 64.488.

Stock Price History:

Over the past 52 weeks, ETWO has reached a high of $5.07, while it has fallen to a 52-week low of $2.15. The 50-Day Moving Average of the stock is -4.37%, while the 200-Day Moving Average is calculated to be -3.66%.

Shares Statistics:

The stock has traded on average 2.22M shares per day over the past 3-months and 3223580 shares per day over the last 10 days, according to various share statistics. A total of 306.06M shares are outstanding, with a floating share count of 234.58M. Insiders hold about 24.65% of the company’s shares, while institutions hold 80.80% stake in the company. Shares short for ETWO as of 1726185600 were 10851263 with a Short Ratio of 4.89, compared to 1723680000 on 12993501. Therefore, it implies a Short% of Shares Outstanding of 10851263 and a Short% of Float of 4.75.

Most Popular