In the past week, DIBS stock has gone up by 5.46%, with a monthly decline of -7.59% and a quarterly surge of 12.22%. The volatility ratio for the week is 4.80%, and the volatility levels for the last 30 days are 4.38% for 1stdibs.com Inc The simple moving average for the past 20 days is 0.58% for DIBS’s stock, with a 23.43% simple moving average for the past 200 days.
Is It Worth Investing in 1stdibs.com Inc (NASDAQ: DIBS) Right Now?
Moreover, the 36-month beta value for DIBS is 1.08. Analysts have varying opinions 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 DIBS is 25.42M and currently, short sellers hold a 0.90% of that float. On April 26, 2024, DIBS’s average trading volume was 102.05K shares.
DIBS) stock’s latest price update
The stock price of 1stdibs.com Inc (NASDAQ: DIBS) has jumped by 4.67 compared to previous close of 5.35. Despite this, the company has seen a gain of 5.46% in its stock price over the last five trading days. GlobeNewsWire reported 2024-04-17 that NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) — 1stdibs.com, Inc. (Nasdaq: DIBS), a leading marketplace for extraordinary design, plans to release its first quarter 2024 financial results on Wednesday, May 8, 2024 in a press release before the market opens. The press release can be accessed at the 1stDibs Investor Relations website (investors.1stdibs.com).
Analysts’ Opinion of DIBS
Many brokerage firms have already submitted their reports for DIBS stocks, with Evercore ISI repeating the rating for DIBS by listing it as a “Outperform.” The predicted price for DIBS in the upcoming period, according to Evercore ISI is $8 based on the research report published on March 18, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see DIBS reach a price target of $9. The rating they have provided for DIBS stocks is “Overweight” according to the report published on August 15th, 2022.
DIBS Trading at 3.06% from the 50-Day Moving Average
After a stumble in the market that brought DIBS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.11% of loss for the given period.
Volatility was left at 4.38%, however, over the last 30 days, the volatility rate increased by 4.80%, as shares sank -5.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.81% upper at present.
During the last 5 trading sessions, DIBS rose by +5.46%, which changed the moving average for the period of 200-days by +47.76% in comparison to the 20-day moving average, which settled at $5.55. In addition, 1stdibs.com Inc saw 19.66% 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 DIBS starting from Insight Holdings Group, LLC, who sale 45,420 shares at the price of $5.00 back on Apr 17 ’24. After this action, Insight Holdings Group, LLC now owns 50,235 shares of 1stdibs.com Inc, valued at $227,254 using the latest closing price.
Insight Holdings Group, LLC, the 10% Owner of 1stdibs.com Inc, sale 26,942 shares at $5.00 during a trade that took place back on Apr 16 ’24, which means that Insight Holdings Group, LLC is holding 50,794 shares at $134,829 based on the most recent closing price.
Stock Fundamentals for DIBS
Current profitability levels for the company are sitting at:
- -0.37 for the present operating margin
- 0.7 for the gross margin
The net margin for 1stdibs.com Inc stands at -0.26. The total capital return value is set at -0.2. Equity return is now at value -16.08, with -12.05 for asset returns.
Based on 1stdibs.com Inc (DIBS), the company’s capital structure generated 0.14 points at debt to capital in total, while cash flow to debt ratio is standing at -0.62. The debt to equity ratio resting at 0.16. The interest coverage ratio of the stock is 2820.64.
Currently, EBITDA for the company is -24.15 million with net debt to EBITDA at 0.81. When we switch over and look at the enterprise to sales, we see a ratio of 2.45. The receivables turnover for the company is 23.44for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.34.
Conclusion
To wrap up, the performance of 1stdibs.com Inc (DIBS) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
