CWAN has 36-month beta value of 0.48. 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 CWAN is 102.14M, and currently, short sellers hold a 6.82% ratio of that float. The average trading volume of CWAN on May 01, 2024 was 1.21M shares.
CWAN) stock’s latest price update
The stock price of Clearwater Analytics Holdings Inc (NYSE: CWAN) has dropped by -1.62 compared to previous close of 16.04. Despite this, the company has seen a fall of -5.40% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-02 that Clearwater (CWAN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
CWAN’s Market Performance
CWAN’s stock has fallen by -5.40% in the past week, with a monthly drop of -8.52% and a quarterly drop of -17.60%. The volatility ratio for the week is 3.02% while the volatility levels for the last 30 days are 2.33% for Clearwater Analytics Holdings Inc. The simple moving average for the past 20 days is -4.87% for CWAN’s stock, with a -14.88% simple moving average for the past 200 days.
Analysts’ Opinion of CWAN
Many brokerage firms have already submitted their reports for CWAN stocks, with JP Morgan repeating the rating for CWAN by listing it as a “Neutral.” The predicted price for CWAN in the upcoming period, according to JP Morgan is $22 based on the research report published on February 29, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see CWAN reach a price target of $24. The rating they have provided for CWAN stocks is “Buy” according to the report published on November 07th, 2023.
Loop Capital gave a rating of “Buy” to CWAN, setting the target price at $25 in the report published on September 25th of the previous year.
CWAN Trading at -8.87% from the 50-Day Moving Average
After a stumble in the market that brought CWAN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.91% of loss for the given period.
Volatility was left at 2.33%, however, over the last 30 days, the volatility rate increased by 3.02%, as shares sank -8.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.94% lower at present.
During the last 5 trading sessions, CWAN fell by -5.40%, which changed the moving average for the period of 200-days by -5.45% in comparison to the 20-day moving average, which settled at $16.52. In addition, Clearwater Analytics Holdings Inc saw -21.22% 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 CWAN starting from WCAS XII CARBON ANALYTICS ACQU, who sale 16,250,000 shares at the price of $16.90 back on Mar 11 ’24. After this action, WCAS XII CARBON ANALYTICS ACQU now owns 0 shares of Clearwater Analytics Holdings Inc, valued at $274,625,000 using the latest closing price.
WCAS XII CARBON ANALYTICS ACQU, the 10% Owner of Clearwater Analytics Holdings Inc, sale 16,250,000 shares at $16.90 during a trade that took place back on Mar 11 ’24, which means that WCAS XII CARBON ANALYTICS ACQU is holding 0 shares at $274,625,000 based on the most recent closing price.
Stock Fundamentals for CWAN
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.71 for the gross margin
The net margin for Clearwater Analytics Holdings Inc stands at -0.06. The total capital return value is set at -0.04. Equity return is now at value -6.85, with -4.11 for asset returns.
Based on Clearwater Analytics Holdings Inc (CWAN), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at 1.54. The debt to equity ratio resting at 0.16. The interest coverage ratio of the stock is 3.79.
Currently, EBITDA for the company is -6.82 million with net debt to EBITDA at 21.96. When we switch over and look at the enterprise to sales, we see a ratio of 9.42. The receivables turnover for the company is 3.65for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.09.
Conclusion
To put it simply, Clearwater Analytics Holdings Inc (CWAN) has had a bad 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.
