The stock of Meta Platforms Inc. (NASDAQ: META) has decreased by -0.52 when compared to last closing price of 246.74.Despite this, the company has seen a gain of 1.23% in its stock price over the last five trading days. The Wall Street Journal reported 1 hour ago that Lawsuits by Moderators of Violent Online Content Pose Threat to Big Tech
Is It Worth Investing in Meta Platforms Inc. (NASDAQ: META) Right Now?
Meta Platforms Inc. (NASDAQ: META) has a price-to-earnings ratio of 29.61x that is above its average ratio. Additionally, the 36-month beta value for META is 1.19. There are mixed opinions on the stock, with 39 analysts rating it as a “buy,” 7 rating it as “overweight,” 9 rating it as “hold,” and 3 rating it as “sell.”
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The average price predicted by analysts for META is $273.66, which is $26.81 above the current price. The public float for META is 2.20B and currently, short sellers hold a 1.23% ratio of that float. The average trading volume of META on May 24, 2023 was 25.71M shares.
META’s Market Performance
META stock saw an increase of 1.23% in the past week, with a monthly gain of 18.27% and a quarterly increase of 42.68%. The volatility ratio for the week is 2.49%, and the volatility levels for the last 30 days are 2.41% for Meta Platforms Inc. (META). The simple moving average for the past 20 days is 3.33% for META’s stock, with a 51.77% simple moving average for the past 200 days.
META Trading at 11.36% from the 50-Day Moving Average
After a stumble in the market that brought META to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.20% of loss for the given period.
Volatility was left at 2.41%, however, over the last 30 days, the volatility rate increased by 2.49%, as shares surge +17.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.08% upper at present.
During the last 5 trading sessions, META rose by +1.68%, which changed the moving average for the period of 200-days by +44.82% in comparison to the 20-day moving average, which settled at $239.41. In addition, Meta Platforms Inc. saw 103.97% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at META starting from Olivan Javier, who sale 4,274 shares at the price of $239.34 back on May 17. After this action, Olivan Javier now owns 74,983 shares of Meta Platforms Inc., valued at $1,022,935 using the latest closing price.
Bosworth Andrew, the Chief Technology Officer of Meta Platforms Inc., sale 10,923 shares at $235.58 during a trade that took place back on May 16, which means that Bosworth Andrew is holding 3,423 shares at $2,573,240 based on the most recent closing price.
Stock Fundamentals for META
Current profitability levels for the company are sitting at:
- +28.78 for the present operating margin
- +79.63 for the gross margin
The net margin for Meta Platforms Inc. stands at +19.90. The total capital return value is set at 22.96, while invested capital returns managed to touch 16.02. Equity return is now at value 17.10, with 11.90 for asset returns.
Based on Meta Platforms Inc. (META), the company’s capital structure generated 21.70 points at debt to equity in total, while total debt to capital is 17.83. Total debt to assets is 14.69, with long-term debt to equity ratio resting at 20.50. Finally, the long-term debt to capital ratio is 16.84.
When we switch over and look at the enterprise to sales, we see a ratio of 5.31, with the company’s debt to enterprise value settled at 0.09. The receivables turnover for the company is 8.48 and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.20.
Conclusion
In conclusion, Meta Platforms Inc. (META) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
