Despegar.com Corp (DESP) concluded trading on Thursday at a closing price of $19.10, with 6.32 million shares of worth about $120.64 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 49.34% during that period and on Thursday the price saw a loss of about -0.78%. 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 -1.80% in past 5 days and over the past one month there was a price change of 7.73%. Year-to-date (YTD), DESP shares are showing a performance of -0.78% which increased to 110.82% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.06 but also hit the highest price of $19.55 during that period. The average intraday trading volume for Despegar.com Corp shares is 1.34 million. The stock is currently trading 9.40% above its 20-day simple moving average (SMA20), while that difference is up 15.36% for SMA50 and it goes to 40.38% higher than SMA200.
Despegar.com Corp (NYSE: DESP) currently have 66.65M outstanding shares and institutions hold larger chunk of about 88.98% of that.
The stock has a current market capitalization of $1.27B and its 3Y-monthly beta is at 1.97. PE ratio of stock for trailing 12 months is 95500.00, while it has posted earnings per share of $0.00 in the same period. Its PEG reads 3220.91 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 0.90% while standing at 3.66% over the month.
Stock’s fiscal year EPS is expected to rise by 286.60% while it is estimated to increase by 30.46% in next year.
Coverage by TD Cowen stated Despegar.com Corp (DESP) stock as a Sell in their note to investors on November 25, 2024, suggesting a price target of $14 for the stock. On April 29, 2024, Citigroup Downgrade their recommendations, while on March 07, 2024, Cantor Fitzgerald Initiated their ratings for the stock with a price target of $11. Stock get an Overweight rating from Morgan Stanley on August 11, 2023.
