Mimecast Limited (NASDAQ:MIME) went down by -13.68% from its latest closing price compared to the recent 1-year high of $59.48. The company’s stock price has collected -15.95% of loss in the last five trading sessions. The Wall Street Journal reported 27 min ago that Hackers’ Attack on Email Security Company Raises New Red Flags
Is It Worth Investing in Mimecast Limited (NASDAQ :MIME) Right Now?
Mimecast Limited (NASDAQ:MIME) scored a price-to-earnings ratio above its average ratio, recording 179.64 x from its present earnings ratio. Plus, the 36-month beta value for MIME is at 1.24. Opinions of the stock are interesting as 12 analysts out of 17 who provided ratings for Mimecast Limited declared the stock was a “buy,” while 1 rated the stock as “overweight,” 3 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $59.12, which is $13.02 above the current price. MIME currently public float of 58.58M and currently shorts hold a 4.61% ratio of that float. Today, the average trading volume of MIME was 555.79K shares.
MIME’s Market Performance
MIME stocks went down by -15.95% for the week, with a monthly drop of -7.64% and a quarterly performance of -8.48%, while its annual performance rate touched -8.44%. The volatility ratio for the week stands at 5.82% while the volatility levels for the past 30 days are set at 4.30% for Mimecast Limited. The simple moving average for the period of the last 20 days is -16.72% for MIME stocks with a simple moving average of 1.38% for the last 200 days.
Analysts’ Opinion of MIME
Many brokerage firms have already submitted their reports for MIME stocks, with Jefferies repeating the rating for MIME by listing it as a “Hold.” The predicted price for MIME in the upcoming period, according to Jefferies is $55 based on the research report published on January 11th of the current year 2021.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see MIME reach a price target of $58, previously predicting the price at $45. The rating they have provided for MIME stocks is “Market Perform” according to the report published on January 04th, 2021.
MIME Trading at -6.25% from the 50-Day Moving Average
After a stumble in the market that brought MIME to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.40% of loss for the given period.
Volatility was left at 4.30%, however, over the last 30 days, the volatility rate increased by 5.82%, as shares sank -7.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.79% upper at present.
During the last 5 trading sessions, MIME fell by -15.95%, which changed the moving average for the period of 200-days by +24.11% in comparison to the 20-day moving average, which settled at $53.10. In addition, Mimecast Limited saw -21.94% 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 MIME starting from Bauer Peter, who sale 7,500 shares at the price of $49.79 back on Jan 07. After this action, Bauer Peter now owns 1,973,577 shares of Mimecast Limited, valued at $373,443 using the latest closing price.
Bender Alex E.T., the SVP, Global Marketing of Mimecast Limited, sale 1,400 shares at $55.00 during a trade that took place back on Dec 22, which means that Bender Alex E.T. is holding 2,586 shares at $77,000 based on the most recent closing price.
Stock Fundamentals for MIME
Current profitability levels for the company are sitting at:
- +1.35 for the present operating margin
- +74.38 for the gross margin
The net margin for Mimecast Limited stands at -0.52. The total capital return value is set at 1.49, while invested capital returns managed to touch -0.60. Equity return is now at value 6.30, with 2.10 for asset returns.
Based on Mimecast Limited (MIME), the company’s capital structure generated 99.08 points at debt to equity in total, while total debt to capital is 49.77. Total debt to assets is 31.50, with long-term debt to equity ratio resting at 82.70. Finally, the long-term debt to capital ratio is 41.54.
When we switch over and look at the enterprise to sales, we see a ratio of 5.26, with the company’s debt to enterprise value settled at 0.10. The receivables turnover for the company is 4.40 and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.00.