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The closing price of Reddit Inc (NYSE: RDDT) was $128.21 for the day, up 5.50% from the previous closing price of $121.53. In other words, the price has increased by $5.50 from its previous closing price. On the day, 6.79 million shares were traded. RDDT stock price reached its highest trading level at $130.83 during the session, while it also had its lowest trading level at $123.45.
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 12.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 107.47. 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.
On January 22, 2025, ROTH MKM Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $116 to $195.
On December 20, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $210.Guggenheim initiated its Buy rating on December 20, 2024, with a $210 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 Mar 12 ’25 when Habiger David C bought 774 shares for $130.36 per share. The transaction valued at 100,895 led to the insider holds 30,808 shares of the business.
The XYZ Revocable Trust bought 84,000 shares of RDDT for $10,208,520 on Mar 14 ’25. On Mar 04 ’25, another insider, Reynolds Michelle Marie, who serves as the Chief Accounting Officer of the company, sold 11,965 shares for $157.41 each. As a result, the insider received 1,883,399 and left with 48,418 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 23193702400 and an Enterprise Value of 21379639296. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.84 while its Price-to-Book (P/B) ratio in mrq is 10.85. Its current Enterprise Value per Revenue stands at 16.443 whereas that against EBITDA is -39.234.
Stock Price History:
The Beta on a monthly basis for RDDT is 2.52, which has changed by 1.541832 over the last 52 weeks, in comparison to a change of 0.09506309 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 -27.29%, while the 200-Day Moving Average is calculated to be 17.15%.
Shares Statistics:
RDDT traded an average of 6.62M shares per day over the past three months and 9952200 shares per day over the past ten days. A total of 125.00M shares are outstanding, with a floating share count of 110.08M. Insiders hold about 39.15% of the company’s shares, while institutions hold 52.93% stake in the company. Shares short for RDDT as of 1740700800 were 14653749 with a Short Ratio of 2.21, compared to 1738281600 on 16637438.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
