Despegar.com Corp (DESP) concluded trading on Thursday at a closing price of $18.49, with 3.29 million shares of worth about $60.77 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 27.25% during that period and on November 21, 2024 the price saw a gain of about 4.40%. Currently the company’s common shares owned by public are about 66.65M shares, out of which, 47.39M shares are available for trading.
Stock saw a price change of 24.43% in past 5 days and over the past one month there was a price change of 30.39%. Year-to-date (YTD), DESP shares are showing a performance of 95.45% which increased to 125.76% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.83 but also hit the highest price of $18.00 during that period. The average intraday trading volume for Despegar.com Corp shares is 917.23K. The stock is currently trading 19.55% above its 20-day simple moving average (SMA20), while that difference is up 31.70% for SMA50 and it goes to 48.50% higher than SMA200.
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Despegar.com Corp (NYSE: DESP) currently have 66.65M outstanding shares and institutions hold larger chunk of about 88.62% of that.
The stock has a current market capitalization of $1.23B and its 3Y-monthly beta is at 1.99. PE ratio of stock for trailing 12 months is 92450.00, while it has posted earnings per share of $0.00 in the same period. Its PEG reads 3149.91 and has Quick Ratio of 0.83 while making debt-to-equity ratio of 1.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DESP, volatility over the week remained 6.14% while standing at 4.25% over the month.
Stock’s fiscal year EPS is expected to rise by 320.05% while it is estimated to increase by 27.98% 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 Citigroup on April 29, 2024 offering a Neutral rating for the stock and assigned a target price range of between $11.50 and $14.50 to it. Coverage by Cantor Fitzgerald stated Despegar.com Corp (DESP) stock as an Overweight in their note to investors on March 07, 2024, suggesting a price target of $11 for the stock. On August 11, 2023, Morgan Stanley Upgrade their recommendations, while on June 22, 2023, B. Riley Securities Initiated their ratings for the stock with a price target of $10. Stock get a Buy rating from Citigroup on August 26, 2022.
