Chegg Inc (NYSE:CHGG) currently has a daily average trading volume of 3.19M but it saw 4304289 shares traded in last market. With a market cap of 87.22M USD, the company’s current market price of $0.82 came falling about -1.73 while comparing to the previous closing price of $0.83. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.84 and as low as $0.44.
Taking a look at 20-day trading activity of Chegg Inc (CHGG) gives us an average price of $0.6909, while its current price level is -83.07% below from 52-week high level whereas it is 85.96% 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 $0.6707 while that of 200 days or SMA-200 reads an average of $1.5296. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.42% during that period while stretching the period over a month that decreases to 10.29%. 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 65.05 which implies that the stock is in neutral territory.
Morgan Stanley downgraded its recommendation for the stock as a “Underweight” from “Equal-Weight” on January 14, 2025 while assigning a price target range of $2-$1.25.
Over the week, CHGG’s stock price is moving 13.09% up while it is 68.19% when we observe its performance for the past one month. Year-to-date it is -49.17% down and over the past year, the stock is showing a downside performance of -82.09%.
Currently, Chegg Inc’s total number of outstanding shares is 105.38M with 3.91% of that held by the insiders while 71.28% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -320.80% and return on equity (ROE) at -148.48%. It has a 5.46 of forward P/E ratio. Stock’s beta reads 1.68. Stock has a price to book (P/B) ratio of 0.46 while price to sale or P/S ratio amounts to 0.15. Its return on asset (ROA) is -78.58% on average.
