Clarivate Plc (NYSE:CLVT) currently has a daily average trading volume of 5.40M but it saw 6931444 shares traded in last market. With a market cap of 2.95B USD, the company’s current market price of $4.28 came falling about -2.51 while comparing to the previous closing price of $4.39. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.77 and as low as $3.96. In the recent trading on the day, stock has struck highest price mark of $4.28 while lowest mark touched by it was $4.455.
Taking a look at 20-day trading activity of Clarivate Plc (CLVT) gives us an average price of $4.30, while its current price level is -44.92% below from 52-week high level whereas it is 8.08% 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 $4.81 while that of 200 days or SMA-200 reads an average of $5.69. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.64% during that period while stretching the period over a month that increases to 5.36%. 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 43.33 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 7.27% up while it is -10.08% when we observe its performance for the past one month. Year-to-date it is -15.75% down and over the past year, the stock is showing a downside performance of -40.64%.
The company is expected to be releasing its next quarterly report on 2025-Feb-18, for which analysts forecasted an EPS of 0.12 while estimate for next year EPS is 0.64. In next quarter, company is expected to be making quarterly sales of $593.36M as analysts are expecting the sales for current fiscal year at $2.35B and seeing the company making $2.37B in sales next year. Moreover, analysts are in estimates of $574.03M for current-quarter revenue.
Currently, Clarivate Plc’s total number of outstanding shares is 691.40M with 16.27% of that held by the insiders while 93.90% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -6.88% and return on equity (ROE) at -11.44%. It has a 6.15 of forward P/E ratio. Stock’s beta reads 1.45. Stock has a price to book (P/B) ratio of 0.58 while price to sale or P/S ratio amounts to 1.15. Its return on asset (ROA) is -5.26% on average.
