Snap Inc (NYSE:SNAP) currently has a daily average trading volume of 36.91M but it saw 22281351 shares traded in last market. With a market cap of 13.84B USD, the company’s current market price of $8.28 came falling about -0.72 while comparing to the previous closing price of $8.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.33 and as low as $7.08.
Wells Fargo also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $15 and $11.
Year-to-date it is -23.12% down and over the past year, the stock is showing a downside performance of -45.60%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.02 while estimate for next year EPS is 0.29. In next quarter, company is expected to be making quarterly sales of $1.47B as analysts are expecting the sales for current fiscal year at $5.83B and seeing the company making $6.48B in sales next year. Moreover, analysts are in estimates of $1.34B for current-quarter revenue.
Currently, Snap Inc’s total number of outstanding shares is 1.43B with 24.37% of that held by the insiders while 63.87% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -8.24% and return on equity (ROE) at -23.97%. Stock’s beta reads 0.60. Stock has a price to book (P/B) ratio of 6.04 while price to sale or P/S ratio amounts to 2.50. Its return on asset (ROA) is -7.22% on average.
