Despegar.com Corp (NYSE:DESP) currently has a daily average trading volume of 2.47M but it saw 862736 shares traded in last market. With a market cap of 1.63B 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 $19.55 and as low as $9.25.
Taking a look at 20-day trading activity of Despegar.com Corp (DESP) gives us an average price of $19.26, while its current price level is -0.51% below from 52-week high level whereas it is 110.27% 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 $19.18 while that of 200 days or SMA-200 reads an average of $16.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.18% during that period while stretching the period over a month that increases to 0.54%. 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 63.76 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 0.05% up while it is 2.69% when we observe its performance for the past one month. Year-to-date it is 1.04% up and over the past year, the stock is showing an upside performance of 45.26%.
Currently, Despegar.com Corp’s total number of outstanding shares is 83.57M with 13.67% of that held by the insiders while 81.30% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -5.55% and return on equity (ROE) at 96.85%. It has a 14.15 of forward P/E ratio. Stock’s beta reads 1.63. Stock has a price to sale or P/S ratio amounts to 2.10. Its return on asset (ROA) is 3.04% on average.
