Despegar.com Corp (DESP) concluded trading on Wednesday at a closing price of $19.16, with 5.15 million shares of worth about $98.68 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 40.68% during that period and on January 08, 2025 the price saw a gain of about 0.10%. Currently the company’s common shares owned by public are about 66.65M shares, out of which, 59.43M shares are available for trading.
Stock saw a price change of -0.47% in past 5 days and over the past one month there was a price change of 9.30%. Year-to-date (YTD), DESP shares are showing a performance of -0.47% which increased to 101.47% 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 1.60 million. The stock is currently trading 7.24% above its 20-day simple moving average (SMA20), while that difference is up 13.31% for SMA50 and it goes to 39.28% higher than SMA200.
Despegar.com Corp (NYSE: DESP) currently have 66.65M outstanding shares and institutions hold larger chunk of about 70.92% of that.
The stock has a current market capitalization of $1.60B and its 3Y-monthly beta is at 1.98. PE ratio of stock for trailing 12 months is 95800.00, while it has posted earnings per share of $0.00 in the same period. Its PEG reads 4719.21 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 0.71% while standing at 2.86% 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.
