Snowflake Inc. (NYSE:SNOW) went down by -3.14% from its latest closing price compared to the recent 1-year high of $319.00. The company’s stock price has collected 15.46% of gains in the last five trading sessions. Barron’s reported 6 hours ago that Asana Ends First Day At Session High After Pricing At $27 in Direct Listing
Is It Worth Investing in Snowflake Inc. (NYSE :SNOW) Right Now?
Opinions of the stock are interesting as 0 analysts out of 1 who provided ratings for Snowflake Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $175.00. SNOW currently public float of 28.00M. Today, the average trading volume of SNOW was 8.72M shares.
SNOW’s Market Performance
The simple moving average for the period of the last 20 days is 5.99% for SNOW stocks with a simple moving average of 5.99% for the last 200 days.
Analysts’ Opinion of SNOW
Many brokerage firms have already submitted their reports for SNOW stocks, with Summit Insights repeating the rating for SNOW by listing it as a “Sell.” The predicted price for SNOW in the upcoming period, according to Summit Insights is $175 based on the research report published on September 21st of the current year 2020.
SNOW Trading at 5.99% from the 50-Day Moving Average
After a stumble in the market that brought SNOW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.32% of loss for the given period.
During the last 5 trading sessions, SNOW rose by +15.46%. In addition, Snowflake Inc. saw -1.15% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at SNOW starting from ICONIQ Strategic Partners III,, who purchase 420,007 shares at the price of $120.00 back on Sep 18. After this action, ICONIQ Strategic Partners III, now owns 130,960 shares of Snowflake Inc., valued at $50,402,100 using the latest closing price.
GERSTNER BRAD, the 10% Owner of Snowflake Inc., purchase 420,000 shares at $120.00 during a trade that took place back on Sep 18, which means that GERSTNER BRAD is holding 420,000 shares at $50,400,000 based on the most recent closing price.
Stock Fundamentals for SNOW
Current profitability levels for the company are sitting at:
- -135.26 for the present operating margin
- +55.97 for the gross margin
The net margin for Snowflake Inc. stands at -131.65. The total capital return value is set at -58.80, while invested capital returns managed to touch -58.29.
Based on Snowflake Inc. (SNOW), the company’s capital structure generated 53.93 points at debt to equity in total, while total debt to capital is 35.04.
The receivables turnover for the company is 2.18 and the total asset turnover is 0.30. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.