The stock price of Definitive Healthcare Corp (NASDAQ: DH) has surged by 2.54 when compared to previous closing price of 7.09, but the company has seen a -7.51% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2024-02-28 that Definitive Healthcare Corp. (DH) Q4 2023 Earnings Call Transcript
Is It Worth Investing in Definitive Healthcare Corp (NASDAQ: DH) Right Now?
The stock has a 36-month beta value of 1.40. 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 DH is 48.63M, and at present, short sellers hold a 15.30% of that float. On April 16, 2024, the average trading volume of DH was 522.57K shares.
DH’s Market Performance
DH stock saw a decrease of -7.51% in the past week, with a monthly decline of -7.86% and a quarterly a decrease of -20.89%. The volatility ratio for the week is 3.88%, and the volatility levels for the last 30 days are 3.92% for Definitive Healthcare Corp (DH). The simple moving average for the last 20 days is -6.93% for DH stock, with a simple moving average of -18.03% for the last 200 days.
Analysts’ Opinion of DH
Robert W. Baird gave a rating of “Neutral” to DH, setting the target price at $13 in the report published on July 24th of the previous year.
DH Trading at -14.27% from the 50-Day Moving Average
After a stumble in the market that brought DH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.63% of loss for the given period.
Volatility was left at 3.92%, however, over the last 30 days, the volatility rate increased by 3.88%, as shares sank -11.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.65% lower at present.
During the last 5 trading sessions, DH fell by -9.80%, which changed the moving average for the period of 200-days by -34.41% in comparison to the 20-day moving average, which settled at $7.76. In addition, Definitive Healthcare Corp saw -26.86% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DH starting from SEA VII Management, LLC, who sale 6,656 shares at the price of $9.39 back on Aug 24 ’23. After this action, SEA VII Management, LLC now owns 1,441,657 shares of Definitive Healthcare Corp, valued at $62,500 using the latest closing price.
SEA VII Management, LLC, the Director of Definitive Healthcare Corp, sale 6,240 shares at $9.11 during a trade that took place back on May 12 ’23, which means that SEA VII Management, LLC is holding 1,743,478 shares at $56,846 based on the most recent closing price.
Stock Fundamentals for DH
Current profitability levels for the company are sitting at:
- -1.31 for the present operating margin
- 0.77 for the gross margin
The net margin for Definitive Healthcare Corp stands at -0.82. The total capital return value is set at -0.2. Equity return is now at value -22.36, with -10.25 for asset returns.
Based on Definitive Healthcare Corp (DH), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is -36.91.
Currently, EBITDA for the company is 20.84 million with net debt to EBITDA at 2.74. When we switch over and look at the enterprise to sales, we see a ratio of 3.91. The receivables turnover for the company is 4.24for trailing twelve months and the total asset turnover is 0.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.23.
Conclusion
To sum up, Definitive Healthcare Corp (DH) 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.
