Weave Communications Inc (WEAV) concluded trading on Thursday at a closing price of $14.02, with 3.27 million shares of worth about $45.91 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 62.08% during that period and on October 31, 2024 the price saw a gain of about 1.67%. Currently the company’s common shares owned by public are about 70.12M shares, out of which, 48.18M shares are available for trading.
Stock saw a price change of 7.19% in past 5 days and over the past one month there was a price change of 11.71%. Year-to-date (YTD), WEAV shares are showing a performance of 22.23% which increased to 95.81% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.89 but also hit the highest price of $13.86 during that period. The average intraday trading volume for Weave Communications Inc shares is 522.14K. The stock is currently trading 5.15% above its 20-day simple moving average (SMA20), while that difference is up 15.29% for SMA50 and it goes to 27.36% higher than SMA200.
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Weave Communications Inc (NYSE: WEAV) currently have 70.12M outstanding shares and institutions hold larger chunk of about 51.85% of that.
The stock has a current market capitalization of $1.01B and its 3Y-monthly beta is at 2.11. It has posted earnings per share of -$0.43 in the same period. It has Quick Ratio of 1.48 while making debt-to-equity ratio of 0.83. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WEAV, volatility over the week remained 4.06% while standing at 2.98% over the month.
Stock’s fiscal year EPS is expected to rise by 127.04% while it is estimated to increase by 280.75% in next year.
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 Raymond James on February 26, 2024 offering a Strong buy rating for the stock and assigned a target price of $15 to it. Coverage by Piper Sandler stated Weave Communications Inc (WEAV) stock as an Overweight in their note to investors on January 02, 2024, suggesting a price target of $15 for the stock. On June 26, 2023, Loop Capital Upgrade their recommendations, while on May 04, 2023, Raymond James Upgrade their ratings for the stock with a price target of $6. Stock get a Hold rating from Loop Capital on August 04, 2022.
