Clearwater Analytics Holdings Inc (CWAN) concluded trading on Wednesday at a closing price of $26.48, with 3.61 million shares of worth about $95.51 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 8.04% during that period and on Wednesday the price saw a loss of about -0.53%. Currently the company’s common shares owned by public are about 212.86M shares, out of which, 206.66M shares are available for trading.
Stock saw a price change of -3.85% in past 5 days and over the past one month there was a price change of -4.20%. Year-to-date (YTD), CWAN shares are showing a performance of -3.78% which increased to 59.42% 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 2.47 million. The stock is currently trading -8.44% below its 20-day simple moving average (SMA20), while that difference is down -6.33% for SMA50 and it goes to 3.69% higher than SMA200.
Clearwater Analytics Holdings Inc (NYSE: CWAN) currently have 212.86M outstanding shares and institutions hold larger chunk of about 90.55% of that.
The stock has a current market capitalization of $6.65B and its 3Y-monthly beta is at 0.76. PE ratio of stock for trailing 12 months is 16.09, while it has posted earnings per share of $1.65 in the same period. Its PEG reads 0.70 and has Quick Ratio of 4.93 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 2.97% while standing at 4.20% over the month.
Stock’s fiscal year EPS is expected to rise by 16.43% while it is estimated to increase by 22.92% in next year. EPS is likely to shrink at an annualized rate of 22.83% for next 5-years, compared to annual growth of 119.42% 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 February 20, 2025 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.
