DoubleVerify Holdings Inc. (NYSE: DV)’s stock price has gone rise by 2.57 in comparison to its previous close of 31.46, however, the company has experienced a 12.67% increase in its stock price over the last five trading days.
Is It Worth Investing in DoubleVerify Holdings Inc. (NYSE: DV) Right Now?
The price-to-earnings ratio for DoubleVerify Holdings Inc. (NYSE: DV) is above average at 108.65x, Analysts have differing opinions on the stock, with 12 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for DoubleVerify Holdings Inc. (DV) is $35.21, which is $3.31 above the current market price. The public float for DV is 163.75M, and currently, short sellers hold a 3.13% ratio of that floaft. The average trading volume of DV on May 25, 2023 was 1.39M shares.
DV’s Market Performance
The stock of DoubleVerify Holdings Inc. (DV) has seen a 12.67% increase in the past week, with a 10.55% rise in the past month, and a 21.87% gain in the past quarter. The volatility ratio for the week is 4.21%, and the volatility levels for the past 30 days are at 3.89% for DV. The simple moving average for the past 20 days is 12.55% for DV’s stock, with a 19.91% simple moving average for the past 200 days.
DV Trading at 11.60% from the 50-Day Moving Average
After a stumble in the market that brought DV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.49% of loss for the given period.
Volatility was left at 3.89%, however, over the last 30 days, the volatility rate increased by 4.21%, as shares surge +8.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.90% upper at present.
During the last 5 trading sessions, DV rose by +12.67%, which changed the moving average for the period of 200-days by +21.59% in comparison to the 20-day moving average, which settled at $28.80. In addition, DoubleVerify Holdings Inc. saw 46.95% 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 DV starting from Grimmig Andrew E, who sale 40,000 shares at the price of $28.00 back on May 15. After this action, Grimmig Andrew E now owns 55,964 shares of DoubleVerify Holdings Inc., valued at $1,119,816 using the latest closing price.
Desmond Laura, the Director of DoubleVerify Holdings Inc., sale 11,003 shares at $27.08 during a trade that took place back on May 09, which means that Desmond Laura is holding 179,071 shares at $297,916 based on the most recent closing price.
Stock Fundamentals for DV
Current profitability levels for the company are sitting at:
- +13.65 for the present operating margin
- +75.20 for the gross margin
The net margin for DoubleVerify Holdings Inc. stands at +9.56. The total capital return value is set at 7.00, while invested capital returns managed to touch 4.94. Equity return is now at value 5.90, with 5.00 for asset returns.
Based on DoubleVerify Holdings Inc. (DV), the company’s capital structure generated 9.55 points at debt to equity in total, while total debt to capital is 8.72. Total debt to assets is 8.08, with long-term debt to equity ratio resting at 8.54. Finally, the long-term debt to capital ratio is 7.79.
When we switch over and look at the enterprise to sales, we see a ratio of 10.55, with the company’s debt to enterprise value settled at 0.02. The receivables turnover for the company is 3.12 and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.46.
Conclusion
In a nutshell, DoubleVerify Holdings Inc. (DV) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
