The stock of Fiverr International Ltd (FVRR) has gone down by -5.60% for the week, with a -8.86% drop in the past month and a -20.12% drop in the past quarter. The volatility ratio for the week is 4.38%, and the volatility levels for the past 30 days are 3.87% for FVRR. The simple moving average for the last 20 days is -8.08% for FVRR stock, with a simple moving average of -22.70% for the last 200 days.
Is It Worth Investing in Fiverr International Ltd (NYSE: FVRR) Right Now?
Fiverr International Ltd (NYSE: FVRR) has a price-to-earnings ratio that is above its average at 234.78x. The stock has a 36-month beta value of 1.71. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for FVRR is 33.15M, and at present, short sellers hold a 11.08% of that float. On April 05, 2024, the average trading volume of FVRR was 959.80K shares.
FVRR) stock’s latest price update
Fiverr International Ltd (NYSE: FVRR) has seen a decline in its stock price by -3.56 in relation to its previous close of 20.79. However, the company has experienced a -5.60% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-02 that Cash is now a competitive asset, and rising interest rates are causing companies to focus on reducing debt and increasing profit margins. Fiverr, a growth firm, has seen its value decline due to a decline in sales growth, but its focus on higher profit margins is more critical today. Fiverr faces potential competitive threats and risks from AI, but its dominance in the freelancer marketplace may secure its position.
Analysts’ Opinion of FVRR
Many brokerage firms have already submitted their reports for FVRR stocks, with Piper Sandler repeating the rating for FVRR by listing it as a “Neutral.” The predicted price for FVRR in the upcoming period, according to Piper Sandler is $25 based on the research report published on February 22, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see FVRR reach a price target of $43. The rating they have provided for FVRR stocks is “Buy” according to the report published on January 19th, 2024.
UBS gave a rating of “Buy” to FVRR, setting the target price at $33 in the report published on October 04th of the previous year.
FVRR Trading at -18.21% from the 50-Day Moving Average
After a stumble in the market that brought FVRR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -46.07% of loss for the given period.
Volatility was left at 3.87%, however, over the last 30 days, the volatility rate increased by 4.38%, as shares sank -9.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.98% lower at present.
During the last 5 trading sessions, FVRR fell by -5.60%, which changed the moving average for the period of 200-days by -31.38% in comparison to the 20-day moving average, which settled at $21.71. In addition, Fiverr International Ltd saw -26.34% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for FVRR
Current profitability levels for the company are sitting at:
- -0.04 for the present operating margin
- 0.83 for the gross margin
The net margin for Fiverr International Ltd stands at 0.01. The total capital return value is set at -0.02. Equity return is now at value 1.18, with 0.38 for asset returns.
Based on Fiverr International Ltd (FVRR), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 1.29. The interest coverage ratio of the stock is 4.9.
Currently, EBITDA for the company is -5.04 million with net debt to EBITDA at -30.41. When we switch over and look at the enterprise to sales, we see a ratio of 2.91. The receivables turnover for the company is 14.92for trailing twelve months and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.89.
Conclusion
To sum up, Fiverr International Ltd (FVRR) has seen a bad 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.
