Definitive Healthcare Corp (DH) concluded trading on Wednesday at a closing price of $3.90, with 11.49 million shares of worth about $44.8 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -56.81% during that period and on July 31, 2024 the price saw a loss of about -32.06%. Currently the company’s common shares owned by public are about 116.56M shares, out of which, 49.32M shares are available for trading.
Stock saw a price change of -33.22% in past 5 days and over the past one month there was a price change of -27.37%. Year-to-date (YTD), DH shares are showing a performance of -60.76% which decreased to -67.03% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.38 but also hit the highest price of $11.97 during that period. The average intraday trading volume for Definitive Healthcare Corp shares is 892.81K. The stock is currently trading -30.69% below its 20-day simple moving average (SMA20), while that difference is down -29.81% for SMA50 and it goes to -47.62% lower than SMA200.
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Definitive Healthcare Corp (NASDAQ: DH) currently have 116.56M outstanding shares and institutions hold larger chunk of about 35.69% of that.
The stock has a current market capitalization of $459.97M and its 3Y-monthly beta is at 1.29. It has posted earnings per share of -$3.48 in the same period. It has Quick Ratio of 2.21 while making debt-to-equity ratio of 0.31. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DH, volatility over the week remained 14.42% while standing at 7.16% over the month.
Stock’s fiscal year EPS is expected to rise by 15.13% while it is estimated to increase by 6.86% in next year. EPS is likely to grow at an annualized rate of 47.20% for next 5-years, compared to annual growth of -64.67% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on Aug-01-24 offering an Underweight rating for the stock and assigned a target price range of between $7 and $5 to it. Coverage by Morgan Stanley stated Definitive Healthcare Corp (DH) stock as an Equal-weight in their note to investors on May 08, 2024, suggesting a price target of $9 for the stock. Stock get a Neutral rating from Robert W. Baird on July 24, 2023.
