The stock of Thryv Holdings Inc (THRY) has seen a -5.93% decrease in the past week, with a -1.08% drop in the past month, and a 3.64% flourish in the past quarter. The volatility ratio for the week is 7.00%, and the volatility levels for the past 30 days are at 4.52% for THRY. The simple moving average for the past 20 days is -5.27% for THRY’s stock, with a 4.50% simple moving average for the past 200 days.
Is It Worth Investing in Thryv Holdings Inc (NASDAQ: THRY) Right Now?
There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for THRY is 31.07M, and at present, short sellers hold a 9.97% of that float. The average trading volume of THRY on May 06, 2024 was 151.28K shares.
THRY) stock’s latest price update
The stock of Thryv Holdings Inc (NASDAQ: THRY) has decreased by -11.07 when compared to last closing price of 24.17.Despite this, the company has seen a loss of -5.93% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-04 that Thryv Holdings, Inc. (NASDAQ:THRY ) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Cameron Lessard – Head, Investor Relations Joe Walsh – Chairman & Chief Executive Officer Paul Rouse – Chief Financial Officer Conference Call Participants Arjun Bhatia – William Blair Scott Berg – Needham Zach Cummins – B. Riley Securities Daniel Moore – CJS Securities Operator Good morning.
Analysts’ Opinion of THRY
Many brokerage firms have already submitted their reports for THRY stocks, with Robert W. Baird repeating the rating for THRY by listing it as a “Outperform.” The predicted price for THRY in the upcoming period, according to Robert W. Baird is $43 based on the research report published on July 23, 2021 of the previous year 2021.
B. Riley Securities, on the other hand, stated in their research note that they expect to see THRY reach a price target of $45. The rating they have provided for THRY stocks is “Buy” according to the report published on July 15th, 2021.
Needham gave a rating of “Buy” to THRY, setting the target price at $42 in the report published on June 28th of the previous year.
THRY Trading at -2.25% from the 50-Day Moving Average
After a stumble in the market that brought THRY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.64% of loss for the given period.
Volatility was left at 4.52%, however, over the last 30 days, the volatility rate increased by 7.00%, as shares sank -1.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.13% upper at present.
During the last 5 trading sessions, THRY fell by -5.93%, which changed the moving average for the period of 200-days by -13.50% in comparison to the 20-day moving average, which settled at $22.67. In addition, Thryv Holdings Inc saw 5.63% 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 THRY starting from Walsh Joe, who sale 595 shares at the price of $21.26 back on Mar 05 ’24. After this action, Walsh Joe now owns 500,137 shares of Thryv Holdings Inc, valued at $12,650 using the latest closing price.
Freeman Grant, the President of Thryv Holdings Inc, purchase 450 shares at $21.00 during a trade that took place back on Mar 01 ’24, which means that Freeman Grant is holding 94,634 shares at $9,450 based on the most recent closing price.
Stock Fundamentals for THRY
Current profitability levels for the company are sitting at:
- -0.21 for the present operating margin
- 0.64 for the gross margin
The net margin for Thryv Holdings Inc stands at -0.29. The total capital return value is set at -0.36. Equity return is now at value -92.57, with -26.56 for asset returns.
Based on Thryv Holdings Inc (THRY), the company’s capital structure generated 0.68 points at debt to capital in total, while cash flow to debt ratio is standing at 0.35. The debt to equity ratio resting at 2.08. The interest coverage ratio of the stock is -6.86.
Currently, EBITDA for the company is 133.28 million with net debt to EBITDA at 2.64. When we switch over and look at the enterprise to sales, we see a ratio of 1.22. The receivables turnover for the company is 4.28for trailing twelve months and the total asset turnover is 1.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.08.
Conclusion
In summary, Thryv Holdings Inc (THRY) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
