The 36-month beta value for DESP is also noteworthy at 1.92. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The average price estimated by analysts for DESP is $11.38, which is $1.37 above than the current price. The public float for DESP is 55.22M, and at present, short sellers hold a 1.57% of that float. The average trading volume of DESP on May 26, 2023 was 287.88K shares.
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DESP) stock’s latest price update
The stock of Despegar.com Corp. (NYSE: DESP) has increased by 12.05 when compared to last closing price of 5.81.Despite this, the company has seen a gain of 5.85% in its stock price over the last five trading days.
DESP’s Market Performance
Despegar.com Corp. (DESP) has experienced a 5.85% rise in stock performance for the past week, with a 24.71% rise in the past month, and a 6.72% rise in the past quarter. The volatility ratio for the week is 6.85%, and the volatility levels for the past 30 days are at 5.94% for DESP. The simple moving average for the past 20 days is 16.76% for DESP’s stock, with a 4.93% simple moving average for the past 200 days.
DESP Trading at 15.38% from the 50-Day Moving Average
After a stumble in the market that brought DESP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.40% of loss for the given period.
Volatility was left at 5.94%, however, over the last 30 days, the volatility rate increased by 6.85%, as shares surge +22.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.56% upper at present.
During the last 5 trading sessions, DESP rose by +5.85%, which changed the moving average for the period of 200-days by -21.66% in comparison to the 20-day moving average, which settled at $5.63. In addition, Despegar.com Corp. saw 26.90% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for DESP
Equity return is now at value 70.90, with -8.60 for asset returns.
Conclusion
In summary, Despegar.com Corp. (DESP) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
