Fiverr International Ltd (FVRR) concluded trading on Thursady at a closing price of $22.21, with 5.51 million shares of worth about $122.29 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -19.09% during that period and on Thursady the price saw a loss of about -14.21%. Currently the company’s common shares owned by public are about 37.54M shares, out of which, 33.07M shares are available for trading.
However, the stock later moved at a day high price of 24.00, or with a loss of -14.21%. Stock saw a price change of -26.14% in past 5 days and over the past one month there was a price change of -20.22%. Year-to-date (YTD), FVRR shares are showing a performance of -18.41% which decreased to -41.20% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $20.04 but also hit the highest price of $46.88 during that period. The average intraday trading volume for Fiverr International Ltd shares is 829.45K. The stock is currently trading -20.00% below its 20-day simple moving average (SMA20), while that difference is down -18.56% for SMA50 and it goes to -17.09% lower than SMA200.
Fiverr International Ltd (NYSE: FVRR) currently have 37.54M outstanding shares and institutions hold larger chunk of about 52.17% of that.
The stock has a current market capitalization of $852.42M and its 3Y-monthly beta is at 1.77. It has posted earnings per share of -$0.07 in the same period. It has Quick Ratio of 2.71 while making debt-to-equity ratio of 1.43. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FVRR, volatility over the week remained 5.85% while standing at 5.52% over the month.
Analysts are in expectations that Fiverr International Ltd (FVRR) stock would likely to be making an EPS of $0.48 in the current quarter, while forecast for next quarter EPS is $0.48 and it is $2.18 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.39 which is $0.53 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.26 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 8.74% while it is estimated to increase by 17.11% in next year.
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-23-24 offering a Neutral rating for the stock and assigned a target price range of between $30 and $25 to it. Coverage by Goldman stated Fiverr International Ltd (FVRR) stock as a Buy in their note to investors on January 19, 2024, suggesting a price target of $43 for the stock. On October 04, 2023, UBS Initiated their recommendations, while on October 03, 2023, ROTH MKM Upgrade their ratings for the stock with a price target of $33. Stock get a Buy rating from BTIG Research on August 03, 2023.
