Casa Systems Inc. (NASDAQ:CASA) went down by -16.01% from its latest closing price compared to the recent 1-year high of $13.15. The company’s stock price has collected -13.22% of loss in the last five trading sessions. Press Release reported on 04/29/21 that Casa Systems Reports First Quarter 2021 Financial Results
Is It Worth Investing in Casa Systems Inc. (NASDAQ :CASA) Right Now?
Casa Systems Inc. (NASDAQ:CASA) scored a price-to-earnings ratio above its average ratio, recording 26.96 x from its present earnings ratio. Plus, the 36-month beta value for CASA is at 1.16. Opinions of the stock are interesting as 2 analysts out of 6 who provided ratings for Casa Systems Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $10.80, which is $2.66 above the current price. CASA currently public float of 30.02M and currently shorts hold a 3.76% ratio of that float. Today, the average trading volume of CASA was 768.48K shares.
CASA’s Market Performance
CASA stocks went down by -13.22% for the week, with a monthly drop of -17.68% and a quarterly performance of 1.75%, while its annual performance rate touched 52.92%. The volatility ratio for the week stands at 7.17% while the volatility levels for the past 30 days are set at 5.78% for Casa Systems Inc.. The simple moving average for the period of the last 20 days is -15.31% for CASA stocks with a simple moving average of 20.69% for the last 200 days.
Analysts’ Opinion of CASA
Many brokerage firms have already submitted their reports for CASA stocks, with JP Morgan repeating the rating for CASA by listing it as a “Neutral.” The predicted price for CASA in the upcoming period, according to JP Morgan is $10 based on the research report published on March 03rd of the current year 2021.
Barclays, on the other hand, stated in their research note that they expect to see CASA reach a price target of $9, previously predicting the price at $6. The rating they have provided for CASA stocks is “Overweight” according to the report published on January 14th, 2021.
CASA Trading at -13.63% from the 50-Day Moving Average
After a stumble in the market that brought CASA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.34% of loss for the given period.
Volatility was left at 5.78%, however, over the last 30 days, the volatility rate increased by 7.17%, as shares sank -19.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.92% lower at present.
During the last 5 trading sessions, CASA fell by -13.22%, which changed the moving average for the period of 200-days by +75.11% in comparison to the 20-day moving average, which settled at $9.17. In addition, Casa Systems Inc. saw 27.15% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CASA starting from Xie Lucy, who sale 41,666 shares at the price of $10.00 back on Apr 05. After this action, Xie Lucy now owns 2,066,629 shares of Casa Systems Inc., valued at $416,660 using the latest closing price.
Xie Lucy, the SVP of Operations of Casa Systems Inc., sale 41,666 shares at $10.00 during a trade that took place back on Mar 18, which means that Xie Lucy is holding 2,108,295 shares at $416,660 based on the most recent closing price.
Stock Fundamentals for CASA
Current profitability levels for the company are sitting at:
- +6.57 for the present operating margin
- +50.35 for the gross margin
The net margin for Casa Systems Inc. stands at +6.31. The total capital return value is set at 7.38, while invested capital returns managed to touch 7.34. Equity return is now at value 48.00, with 6.30 for asset returns.
Based on Casa Systems Inc. (CASA), the company’s capital structure generated 381.35 points at debt to equity in total, while total debt to capital is 79.23. Total debt to assets is 59.08, with long-term debt to equity ratio resting at 361.49. Finally, the long-term debt to capital ratio is 75.10.
When we switch over and look at the enterprise to sales, we see a ratio of 1.68, with the company’s debt to enterprise value settled at 0.44. The receivables turnover for the company is 4.18 and the total asset turnover is 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.11.