The average price predicted for Taboola.com Ltd (TBLA) by analysts is $5.60, which is $1.79 above the current market price. The public float for TBLA is 135.57M, and at present, short sellers hold a 1.66% of that float. On November 17, 2023, the average trading volume of TBLA was 973.93K shares.
TBLA) stock’s latest price update
Taboola.com Ltd (NASDAQ: TBLA) has experienced a rise in its stock price by 0.13 compared to its previous closing price of 3.80. However, the company has seen a fall of -1.42% in its stock price over the last five trading days. Seeking Alpha reported 2023-11-08 that Taboola.com Ltd. (NASDAQ:TBLA ) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Jessica Kourakos – Head of IR Adam Singolda – Founder and CEO Stephen Walker – CFO Conference Call Participants Jason Helfstein – Oppenheimer James Kopelman – TD Cowen Laura Martin – Needham Andrew Boone – JMP Securities Dan Day – B.
TBLA’s Market Performance
Taboola.com Ltd (TBLA) has experienced a -1.42% fall in stock performance for the past week, with a 6.88% rise in the past month, and a 10.29% rise in the past quarter. The volatility ratio for the week is 3.23%, and the volatility levels for the past 30 days are at 4.64% for TBLA. The simple moving average for the last 20 days is 3.03% for TBLA’s stock, with a simple moving average of 16.42% for the last 200 days.
Analysts’ Opinion of TBLA
Many brokerage firms have already submitted their reports for TBLA stocks, with The Benchmark Company repeating the rating for TBLA by listing it as a “Buy.” The predicted price for TBLA in the upcoming period, according to The Benchmark Company is $6 based on the research report published on September 25, 2023 of the current year 2023.
TBLA Trading at 1.96% from the 50-Day Moving Average
After a stumble in the market that brought TBLA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.49% of loss for the given period.
Volatility was left at 4.64%, however, over the last 30 days, the volatility rate increased by 3.23%, as shares surge +7.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.46% upper at present.
During the last 5 trading sessions, TBLA fell by -1.17%, which changed the moving average for the period of 200-days by -9.38% in comparison to the 20-day moving average, which settled at $3.71. In addition, Taboola.com Ltd saw 23.54% 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 TBLA starting from Golan Lior, who sale 30,000 shares at the price of $4.04 back on Nov 08. After this action, Golan Lior now owns 2,545,291 shares of Taboola.com Ltd, valued at $121,200 using the latest closing price.
Golan Lior, the Chief Technology Officer of Taboola.com Ltd, sale 305 shares at $4.00 during a trade that took place back on Oct 13, which means that Golan Lior is holding 2,545,291 shares at $1,220 based on the most recent closing price.
Stock Fundamentals for TBLA
Current profitability levels for the company are sitting at:
- -0.92 for the present operating margin
- +29.00 for the gross margin
The net margin for Taboola.com Ltd stands at -0.85. The total capital return value is set at -1.14, while invested capital returns managed to touch -1.07. Equity return is now at value -7.55, with -4.35 for asset returns.
Based on Taboola.com Ltd (TBLA), the company’s capital structure generated 35.80 points at debt to equity in total, while total debt to capital is 26.36. Total debt to assets is 19.53, with long-term debt to equity ratio resting at 33.67. Finally, the long-term debt to capital ratio is 24.79.
When we switch over and look at the enterprise to sales, we see a ratio of 0.99, with the company’s debt to enterprise value settled at 0.37. The receivables turnover for the company is 5.58 and the total asset turnover is 0.90. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.61.
Conclusion
To sum up, Taboola.com Ltd (TBLA) has seen a better performance recently. Analysts have differing views on the stock, with some seeing 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.
