Clarivate Plc (NYSE:CLVT) currently has a daily average trading volume of 4.29M but it saw 7834147 shares traded in last market. With a market cap of 3.20B USD, the company’s current market price of $4.50 came falling about -5.26 while comparing to the previous closing price of $4.75. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.60 and as low as $4.43. In the recent trading on the day, stock has struck highest price mark of $4.45 while lowest mark touched by it was $4.8.
Taking a look at 20-day trading activity of Clarivate Plc (CLVT) gives us an average price of $5.89, while its current price level is -53.15% below from 52-week high level whereas it is 1.58% 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 $6.39 while that of 200 days or SMA-200 reads an average of $6.68. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.42% during that period while stretching the period over a month that decreases to 4.30%. 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 20.62 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 -3.85% down while it is -32.94% when we observe its performance for the past one month. Year-to-date it is -51.40% down and over the past year, the stock is showing a downside performance of -37.85%.
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 6.04 of forward P/E ratio. Stock’s beta reads 1.10. Stock has a price to book (P/B) ratio of 0.58 while price to sale or P/S ratio amounts to 1.24. Its return on asset (ROA) is -10.13% on average.
