Clarivate Plc (NYSE:CLVT) currently has a daily average trading volume of 5.78M but it saw 11917631 shares traded in last market. With a market cap of 3.68B USD, the company’s current market price of $5.18 came rising about 0.78 while comparing to the previous closing price of $5.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.60 and as low as $4.25. In the recent trading on the day, stock has struck highest price mark of $5.07 while lowest mark touched by it was $5.22.
Taking a look at 20-day trading activity of Clarivate Plc (CLVT) gives us an average price of $5.28, while its current price level is -46.07% below from 52-week high level whereas it is 21.88% 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 $5.32 while that of 200 days or SMA-200 reads an average of $5.99. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.09% during that period while stretching the period over a month that increases to 3.48%. 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 44.37 which implies that the stock is in neutral 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 -6.16% down while it is 1.57% when we observe its performance for the past one month. Year-to-date it is 1.97% up and over the past year, the stock is showing a downside performance of -44.24%.
Currently, Clarivate Plc’s total number of outstanding shares is 710.30M with 15.85% of that held by the insiders while 92.69% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -13.12% and return on equity (ROE) at -21.14%. It has a 7.13 of forward P/E ratio. Stock’s beta reads 1.26. Stock has a price to book (P/B) ratio of 0.67 while price to sale or P/S ratio amounts to 1.43. Its return on asset (ROA) is -10.13% on average.
