Clarivate Plc (NYSE:CLVT) currently has a daily average trading volume of 3.98M but it saw 17830388 shares traded in last market. With a market cap of 3.39B USD, the company’s current market price of $4.68 came falling about -2.50 while comparing to the previous closing price of $4.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.60 and as low as $4.57. In the recent trading on the day, stock has struck highest price mark of $4.625 while lowest mark touched by it was $4.89.
Taking a look at 20-day trading activity of Clarivate Plc (CLVT) gives us an average price of $6.43, while its current price level is -51.28% below from 52-week high level whereas it is 2.41% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.60 while that of 200 days or SMA-200 reads an average of $6.79. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.75% during that period while stretching the period over a month that decreases to 3.69%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 17.34 which implies that the stock is in oversold territory.
Wells Fargo downgraded its recommendation for the stock as a “Underweight” from “Equal Weight” on December 15, 2023 while assigning a price target of $8. Jefferies issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $10 and $8.50.
Over the week, CLVT’s stock price is moving -29.09% down while it is -31.08% when we observe its performance for the past one month. Year-to-date it is -49.46% down and over the past year, the stock is showing a downside performance of -32.76%.
Currently, Clarivate Plc’s total number of outstanding shares is 666.10M. Company’s return on investment (ROI) stands at -13.12% and return on equity (ROE) at -21.14%. It has a 6.28 of forward P/E ratio. Stock’s beta reads 1.12. Stock has a price to book (P/B) ratio of 0.60 while price to sale or P/S ratio amounts to 1.31. Its return on asset (ROA) is -10.13% on average.
