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Maplebear Inc. (NASDAQ: CART) closed the day trading at $40.50 up 1.05% from the previous closing price of $40.08. In other words, the price has increased by $1.05 from its previous closing price. On the day, 4.88 million shares were traded. CART stock price reached its highest trading level at $40.85 during the session, while it also had its lowest trading level at $39.38.
Ratios:
For a better understanding of CART, 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 6.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.71. For the most recent quarter (mrq), Quick Ratio is recorded 3.45 and its Current Ratio is at 3.45. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On September 05, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $45.
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 Ramsay Alan sold 2,486 shares for $41.39 per share. The transaction valued at 102,904 led to the insider holds 99,225 shares of the business.
Fong Morgan sold 20,910 shares of CART for $842,359 on Sep 19 ’24. The GENERAL COUNSEL & SECRETARY now owns 309,976 shares after completing the transaction at $40.28 per share. On Sep 20 ’24, another insider, Fong Morgan, who serves as the GENERAL COUNSEL & SECRETARY of the company, sold 10,992 shares for $41.38 each. As a result, the insider received 454,900 and left with 298,984 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, CART now has a Market Capitalization of 10412751872 and an Enterprise Value of 9333588992. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.24 while its Price-to-Book (P/B) ratio in mrq is 3.51. Its current Enterprise Value per Revenue stands at 2.908 whereas that against EBITDA is -4.283.
Stock Price History:
Over the past 52 weeks, CART has reached a high of $42.58, while it has fallen to a 52-week low of $22.13. The 50-Day Moving Average of the stock is 15.91%, while the 200-Day Moving Average is calculated to be 26.04%.
Shares Statistics:
Over the past 3-months, CART traded about 3.87M shares per day on average, while over the past 10 days, CART traded about 6323510 shares per day. A total of 279.05M shares are outstanding, with a floating share count of 148.42M. Insiders hold about 42.27% of the company’s shares, while institutions hold 45.98% stake in the company. Shares short for CART as of 1724976000 were 11773538 with a Short Ratio of 3.50, compared to 1722384000 on 12936021. Therefore, it implies a Short% of Shares Outstanding of 11773538 and a Short% of Float of 24.93.
