Clarivate Plc (NYSE:CLVT) currently has a daily average trading volume of 6.90M but it saw 5616693 shares traded in last market. With a market cap of 2.94B USD, the company’s current market price of $4.31 came falling about -4.22 while comparing to the previous closing price of $4.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.15 and as low as $3.04.
Taking a look at 20-day trading activity of Clarivate Plc (CLVT) gives us an average price of $4.00, while its current price level is -39.72% below from 52-week high level whereas it is 41.78% 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 $3.93 while that of 200 days or SMA-200 reads an average of $5.30. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.10% during that period while stretching the period over a month that increases to 4.83%. 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 58.28 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 -0.23% down while it is 25.29% when we observe its performance for the past one month. Year-to-date it is -15.16% down and over the past year, the stock is showing a downside performance of -30.71%.
Currently, Clarivate Plc’s total number of outstanding shares is 683.10M with 16.47% of that held by the insiders while 90.04% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -7.06% and return on equity (ROE) at -12.20%. It has a 6.22 of forward P/E ratio. Stock’s beta reads 1.51. Stock has a price to book (P/B) ratio of 0.59 while price to sale or P/S ratio amounts to 1.16. Its return on asset (ROA) is -5.55% on average.
