Should You Sell Despegar.com Corp (DESP) And Go Away This Year?

money audit

Despegar.com Corp (NYSE:DESP) currently has a daily average trading volume of 1.25M but it saw 1824895 shares traded in last market. With a market cap of 1.30B USD, the company’s current market price of $19.45 came falling about -0.05 while comparing to the previous closing price of $19.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.51 and as low as $8.06. In the recent trading on the day, stock has struck highest price mark of $19.33 while lowest mark touched by it was $19.55.

Taking a look at 20-day trading activity of Despegar.com Corp (DESP) gives us an average price of $17.09, while its current price level is -0.31% below from 52-week high level whereas it is 141.46% 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 $16.01 while that of 200 days or SMA-200 reads an average of $13.38. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.72% during that period while stretching the period over a month that decreases to 4.42%. 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 65.31 which implies that the stock is in neutral territory.

TD Cowen downgraded its recommendation for the stock as a “Sell” from “Buy” on November 25, 2024 while assigning a price target range of $12-$14. Citigroup issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $11.50 and $14.50.

Over the week, DESP’s stock price is moving 17.52% up while it is 3.73% when we observe its performance for the past one month. Year-to-date it is 105.60% up and over the past year, the stock is showing an upside performance of 96.86%.

Currently, Despegar.com Corp’s total number of outstanding shares is 66.65M. Company’s return on investment (ROI) stands at 22.55%. It has a price to earnings ratio (P/E ratio) of 97250.00 while having a 20.40 of forward P/E ratio. Stock’s beta reads 1.98. Stock has a price to sale or P/S ratio amounts to 1.71. Its return on asset (ROA) is 4.25% on average.