Fiverr International Ltd (NYSE: FVRR)’s stock price has gone decline by -4.14 in comparison to its previous close of 20.05, however, the company has experienced a -7.55% decrease in its stock price over the last five trading days. The Motley Fool reported 2024-04-10 that Skepticism around Fiverr as a “pandemic stock” has overshadowed its solid fundamentals and profitability. The profitable growth stock is down 42% in a year and trading 94% below its all-time high, offering a unique buying opportunity.
Is It Worth Investing in Fiverr International Ltd (NYSE: FVRR) Right Now?
Fiverr International Ltd (NYSE: FVRR) has a higher price-to-earnings ratio of 225.06x compared to its average ratio, The 36-month beta value for FVRR is at 1.71. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for FVRR is 33.15M, and currently, shorts hold a 11.11% of that float. The average trading volume for FVRR on April 11, 2024 was 968.19K shares.
FVRR’s Market Performance
FVRR’s stock has seen a -7.55% decrease for the week, with a -14.50% drop in the past month and a -28.66% fall in the past quarter. The volatility ratio for the week is 3.62%, and the volatility levels for the past 30 days are at 3.92% for Fiverr International Ltd The simple moving average for the last 20 days is -9.83% for FVRR’s stock, with a simple moving average of -25.44% for the last 200 days.
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 -19.77% 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 -48.31% of loss for the given period.
Volatility was left at 3.92%, however, over the last 30 days, the volatility rate increased by 3.62%, as shares sank -15.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.17% lower at present.
During the last 5 trading sessions, FVRR fell by -7.55%, which changed the moving average for the period of 200-days by -26.19% in comparison to the 20-day moving average, which settled at $21.14. In addition, Fiverr International Ltd saw -29.39% 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 2.83. 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
In conclusion, Fiverr International Ltd (FVRR) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
