Freshworks Inc (FRSH) concluded trading on Thursday at a closing price of $15.16, with 3.64 million shares of worth about $55.16 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 34.04% during that period and on March 27, 2025 the price saw a loss of about -4.83%. Currently the company’s common shares owned by public are about 244.97M shares, out of which, 184.98M shares are available for trading.
Stock saw a price change of -0.85% in past 5 days and over the past one month there was a price change of -12.42%. Year-to-date (YTD), FRSH shares are showing a performance of -6.25% which decreased to -16.84% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.81 but also hit the highest price of $19.77 during that period. The average intraday trading volume for Freshworks Inc shares is 3.69 million. The stock is currently trading -2.85% below its 20-day simple moving average (SMA20), while that difference is down -10.66% for SMA50 and it goes to 7.24% higher than SMA200.
Freshworks Inc (NASDAQ: FRSH) currently have 244.97M outstanding shares and institutions hold larger chunk of about 50.85% of that.
The stock has a current market capitalization of $4.57B and its 3Y-monthly beta is at 0.92. It has posted earnings per share of -$0.32 in the same period. It has Quick Ratio of 3.04 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FRSH, volatility over the week remained 3.46% while standing at 3.87% over the month.
Stock’s fiscal year EPS is expected to rise by 22.86% while it is estimated to increase by 23.80% in next year. EPS is likely to shrink at an annualized rate of 20.15% for next 5-years, compared to annual growth of 32.10% 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 Wells Fargo on January 21, 2025 offering an Underweight rating for the stock and assigned a target price range of between $16 and $13 to it. Coverage by Oppenheimer stated Freshworks Inc (FRSH) stock as an Outperform in their note to investors on January 16, 2025, suggesting a price target of $22 for the stock. On October 16, 2024, Wells Fargo Initiated their recommendations, while on May 02, 2024, Robert W. Baird Downgrade their ratings for the stock with a price target of $16. Stock get a Perform rating from Oppenheimer on May 02, 2024.
