Following The Money: Institution’s Growing Stake In LiveRamp Holdings Inc (NYSE: RAMP)

LiveRamp Holdings Inc (RAMP) concluded trading on Thursday at a closing price of $21.83, with 3.75 million shares of worth about $81.9 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -46.72% during that period and on August 08, 2024 the price saw a loss of about -18.91%. Currently the company’s common shares owned by public are about 66.27M shares, out of which, 64.94M shares are available for trading.

Stock saw a price change of -26.37% in past 5 days and over the past one month there was a price change of -29.63%. Year-to-date (YTD), RAMP shares are showing a performance of -42.37% which decreased to -23.62% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $26.42 but also hit the highest price of $42.66 during that period. The average intraday trading volume for LiveRamp Holdings Inc shares is 698.30K. The stock is currently trading -28.14% below its 20-day simple moving average (SMA20), while that difference is down -28.68% for SMA50 and it goes to -34.94% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

LiveRamp Holdings Inc (NYSE: RAMP) currently have 66.27M outstanding shares and institutions hold larger chunk of about 95.56% of that.

The stock has a current market capitalization of $1.46B and its 3Y-monthly beta is at 0.99. PE ratio of stock for trailing 12 months is 259.88, while it has posted earnings per share of $0.08 in the same period. Its PEG reads 12.09 and has Quick Ratio of 3.09 while making debt-to-equity ratio of 0.04. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RAMP, volatility over the week remained 6.75% while standing at 3.63% over the month.

Stock’s fiscal year EPS is expected to rise by 8.23% while it is estimated to increase by 14.56% in next year. EPS is likely to grow at an annualized rate of 21.50% for next 5-years, compared to annual growth of -58.20% 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 Evercore ISI on February 01, 2024 offering an Outperform rating for the stock and assigned a target price of $50 to it. Coverage by The Benchmark Company stated LiveRamp Holdings Inc (RAMP) stock as a Buy in their note to investors on June 21, 2023, suggesting a price target of $33 for the stock. On September 20, 2022, The Benchmark Company Initiated their recommendations, while on March 15, 2022, BMO Capital Markets Upgrade their ratings for the stock with a price target of $48. Stock get a Buy rating from Berenberg on September 22, 2021.

Most Popular

Related Posts