In the past week, TBLA stock has gone up by 1.75%, with a monthly gain of 2.23% and a quarterly plunge of -8.51%. The volatility ratio for the week is 3.37%, and the volatility levels for the last 30 days are 3.33% for Taboola.com Ltd The simple moving average for the past 20 days is 4.30% for TBLA’s stock, with a 8.97% simple moving average for the past 200 days.
Is It Worth Investing in Taboola.com Ltd (NASDAQ: TBLA) Right Now?
TBLA has 36-month beta value of 1.37. 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 TBLA is 140.13M, and currently, short sellers hold a 1.39% ratio of that float. The average trading volume of TBLA on May 08, 2024 was 1.45M shares.
TBLA) stock’s latest price update
Taboola.com Ltd (NASDAQ: TBLA)’s stock price has decreased by -3.86 compared to its previous closing price of 4.53. However, the company has seen a 1.75% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-08 that Taboola.com Ltd. (TBLA) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.09.
Analysts’ Opinion of TBLA
Many brokerage firms have already submitted their reports for TBLA stocks, with B. Riley Securities repeating the rating for TBLA by listing it as a “Buy.” The predicted price for TBLA in the upcoming period, according to B. Riley Securities is $5.25 based on the research report published on April 24, 2024 of the current year 2024.
The Benchmark Company, on the other hand, stated in their research note that they expect to see TBLA reach a price target of $6. The rating they have provided for TBLA stocks is “Buy” according to the report published on September 25th, 2023.
B. Riley Securities gave a rating of “Buy” to TBLA, setting the target price at $5 in the report published on June 22nd of the previous year.
TBLA Trading at 1.31% from the 50-Day Moving Average
After a stumble in the market that brought TBLA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.90% of loss for the given period.
Volatility was left at 3.33%, however, over the last 30 days, the volatility rate increased by 3.37%, as shares surge +2.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.13% lower at present.
During the last 5 trading sessions, TBLA rose by +0.58%, which changed the moving average for the period of 200-days by +35.80% in comparison to the 20-day moving average, which settled at $4.18. In addition, Taboola.com Ltd saw 0.58% 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 TBLA starting from Golan Lior, who sale 1,177 shares at the price of $4.93 back on Feb 28 ’24. After this action, Golan Lior now owns 2,545,291 shares of Taboola.com Ltd, valued at $5,803 using the latest closing price.
Golan Lior, the Chief Technology Officer of Taboola.com Ltd, sale 3,609 shares at $4.85 during a trade that took place back on Feb 16 ’24, which means that Golan Lior is holding 2,545,291 shares at $17,504 based on the most recent closing price.
Stock Fundamentals for TBLA
Current profitability levels for the company are sitting at:
- -0.04 for the present operating margin
- 0.29 for the gross margin
The net margin for Taboola.com Ltd stands at -0.06. The total capital return value is set at -0.05. Equity return is now at value -8.67, with -5.02 for asset returns.
Based on Taboola.com Ltd (TBLA), the company’s capital structure generated 0.14 points at debt to capital in total, while cash flow to debt ratio is standing at 0.5. The debt to equity ratio resting at 0.16. The interest coverage ratio of the stock is -4.82.
Currently, EBITDA for the company is 36.98 million with net debt to EBITDA at 4.83. When we switch over and look at the enterprise to sales, we see a ratio of 1.05. The receivables turnover for the company is 4.7for trailing twelve months and the total asset turnover is 0.83. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.32.
Conclusion
To put it simply, Taboola.com Ltd (TBLA) has had a better 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.
