Clearwater Analytics Holdings Inc (CWAN) concluded trading on Thursday at a closing price of $29.94, with 12.44 million shares of worth about $372.46 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 23.16% during that period and on February 20, 2025 the price saw a gain of about 10.72%. Currently the company’s common shares owned by public are about 212.86M shares, out of which, 188.52M shares are available for trading.
Stock saw a price change of 9.03% in past 5 days and over the past one month there was a price change of 3.28%. Year-to-date (YTD), CWAN shares are showing a performance of 8.79% which increased to 51.90% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.62 but also hit the highest price of $35.71 during that period. The average intraday trading volume for Clearwater Analytics Holdings Inc shares is 2.32 million. The stock is currently trading 6.03% above its 20-day simple moving average (SMA20), while that difference is up 6.24% for SMA50 and it goes to 21.86% higher than SMA200.
Clearwater Analytics Holdings Inc (NYSE: CWAN) currently have 212.86M outstanding shares and institutions hold larger chunk of about 98.32% of that.
The stock has a current market capitalization of $7.44B and its 3Y-monthly beta is at 0.71. PE ratio of stock for trailing 12 months is 18.13, while it has posted earnings per share of $1.65 in the same period. Its PEG reads 0.79 and has Quick Ratio of 4.61 while making debt-to-equity ratio of 0.07. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CWAN, volatility over the week remained 4.25% while standing at 3.01% over the month.
Stock’s fiscal year EPS is expected to rise by 16.57% while it is estimated to increase by 22.55% in next year. EPS is likely to shrink at an annualized rate of 23.07% for next 5-years, compared to annual growth of 119.73% 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 Piper Sandler on Feb-21-25 offering an Overweight rating for the stock and assigned a target price range of between $28 and $36 to it. Coverage by Morgan Stanley stated Clearwater Analytics Holdings Inc (CWAN) stock as an Overweight in their note to investors on January 17, 2025, suggesting a price target of $34 for the stock. On January 14, 2025, DA Davidson Upgrade their recommendations, while on November 08, 2024, DA Davidson Downgrade their ratings for the stock with a price target of $35. Stock get an Overweight rating from JP Morgan on November 07, 2024.
