Chegg Inc (CHGG) concluded trading on Wednesday at a closing price of $0.98, with 4.81 million shares of worth about $4.71 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -43.02% during that period and on May 21, 2025 the price saw a loss of about -1.99%. Currently the company’s common shares owned by public are about 105.38M shares, out of which, 98.94M shares are available for trading.
Stock saw a price change of 17.69% in past 5 days and over the past one month there was a price change of 72.19%. Year-to-date (YTD), CHGG shares are showing a performance of -39.12% which decreased to -77.62% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.44 but also hit the highest price of $4.18 during that period. The average intraday trading volume for Chegg Inc shares is 3.34 million. The stock is currently trading 27.60% above its 20-day simple moving average (SMA20), while that difference is up 44.09% for SMA50 and it goes to -33.94% lower than SMA200.
Chegg Inc (NYSE: CHGG) currently have 105.38M outstanding shares and institutions hold larger chunk of about 62.94% of that.
The stock has a current market capitalization of $104.45M and its 3Y-monthly beta is at 1.74. It has posted earnings per share of -$8.29 in the same period. It has Quick Ratio of 1.23 while making debt-to-equity ratio of 0.46. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CHGG, volatility over the week remained 17.40% while standing at 11.35% over the month.
Stock’s fiscal year EPS is expected to drop by -84.00% while it is estimated to increase by 24.14% in next year.
Coverage by Morgan Stanley stated Chegg Inc (CHGG) stock as an Underweight in their note to investors on January 14, 2025, suggesting a price target of $1.25 for the stock. On August 06, 2024, Goldman Upgrade their recommendations, while on July 16, 2024, Morgan Stanley Upgrade their ratings for the stock with a price target of $3.25. Stock get an Underperform rating from Jefferies on April 30, 2024.
