In the past week, DOMA stock has gone down by -0.66%, with a monthly gain of 35.51% and a quarterly surge of 42.89%. The volatility ratio for the week is 0.67%, and the volatility levels for the last 30 days are 2.53% for Doma Holdings Inc The simple moving average for the past 20 days is 8.15% for DOMA’s stock, with a 14.91% simple moving average for the past 200 days.
Is It Worth Investing in Doma Holdings Inc (NYSE: DOMA) Right Now?
DOMA has 36-month beta value of 1.56. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DOMA is 6.98M, and currently, short sellers hold a 5.99% ratio of that float. The average trading volume of DOMA on April 19, 2024 was 42.88K shares.
DOMA) stock’s latest price update
Doma Holdings Inc (NYSE: DOMA)’s stock price has decreased by -0.17 compared to its previous closing price of 6.04. However, the company has seen a -0.66% decrease in its stock price over the last five trading sessions. PYMNTS reported 2024-04-04 that Deal-making dominated the headlines this past week as the FinTech IPO Index lost 2.9%. Nuvei’s stock gained 2.4%.
Analysts’ Opinion of DOMA
Many brokerage firms have already submitted their reports for DOMA stocks, with Citigroup repeating the rating for DOMA by listing it as a “Neutral.” The predicted price for DOMA in the upcoming period, according to Citigroup is $0.45 based on the research report published on December 15, 2022 of the previous year 2022.
Compass Point, on the other hand, stated in their research note that they expect to see DOMA reach a price target of $2. The rating they have provided for DOMA stocks is “Neutral” according to the report published on May 25th, 2022.
DOMA Trading at 22.85% from the 50-Day Moving Average
After a stumble in the market that brought DOMA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -47.53% of loss for the given period.
Volatility was left at 2.53%, however, over the last 30 days, the volatility rate increased by 0.67%, as shares surge +31.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +44.23% upper at present.
During the last 5 trading sessions, DOMA fell by -1.15%, which changed the moving average for the period of 200-days by +16.05% in comparison to the 20-day moving average, which settled at $5.65. In addition, Doma Holdings Inc saw 30.24% 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 DOMA starting from Smith Michael Alan, who sale 591 shares at the price of $6.07 back on Apr 12 ’24. After this action, Smith Michael Alan now owns 131,977 shares of Doma Holdings Inc, valued at $3,587 using the latest closing price.
Smith Michael Alan, the EVP & Chief Financial Officer of Doma Holdings Inc, sale 726 shares at $4.17 during a trade that took place back on Jan 19 ’24, which means that Smith Michael Alan is holding 146,324 shares at $3,025 based on the most recent closing price.
Stock Fundamentals for DOMA
Current profitability levels for the company are sitting at:
- -0.26 for the present operating margin
- 0.18 for the gross margin
The net margin for Doma Holdings Inc stands at -0.38. The total capital return value is set at -0.54. Equity return is now at value -421.62, with -37.30 for asset returns.
Based on Doma Holdings Inc (DOMA), the company’s capital structure generated 1.2 points at debt to capital in total, while cash flow to debt ratio is standing at -0.48. The debt to equity ratio resting at -6.08. The interest coverage ratio of the stock is -3.76.
Currently, EBITDA for the company is -61.21 million with net debt to EBITDA at -1.21. When we switch over and look at the enterprise to sales, we see a ratio of 0.54. The receivables turnover for the company is 13.23for trailing twelve months and the total asset turnover is 1.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.78.
Conclusion
To put it simply, Doma Holdings Inc (DOMA) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
