Trading Update: Taboola.com Ltd (TBLA) Stock Endures 5.34% Monthly Volatility

The stock of Taboola.com Ltd (TBLA) has gone up by 6.53% for the week, with a 1.01% rise in the past month and a -12.37% drop in the past quarter. The volatility ratio for the week is 3.33%, and the volatility levels for the past 30 days are 5.34% for TBLA. The simple moving average for the last 20 days is 8.08% for TBLA stock, with a simple moving average of -11.88% for the last 200 days.

Is It Worth Investing in Taboola.com Ltd (NASDAQ: TBLA) Right Now?

The stock has a 36-month beta value of 1.29. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for TBLA is 150.18M, and at present, short sellers hold a 2.09% of that float. On August 28, 2024, the average trading volume of TBLA was 905.58K shares.

TBLA) stock’s latest price update

Taboola.com Ltd (NASDAQ: TBLA) has seen a decline in its stock price by -0.14 in relation to its previous close of 3.51. However, the company has experienced a 6.53% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-08-09 that NEW YORK, Aug. 09, 2024 (GLOBE NEWSWIRE) — Taboola (Nasdaq: TBLA), a global leader in powering recommendations for the open web, today announced that members of its management team will participate in the following investor conferences:

Analysts’ Opinion of TBLA

Many brokerage firms have already submitted their reports for TBLA stocks, with Needham repeating the rating for TBLA by listing it as a “Buy.” The predicted price for TBLA in the upcoming period, according to Needham is $5 based on the research report published on July 05, 2024 of the current year 2024.

B. Riley Securities, on the other hand, stated in their research note that they expect to see TBLA reach a price target of $5.25. The rating they have provided for TBLA stocks is “Buy” according to the report published on April 24th, 2024.

The Benchmark Company gave a rating of “Buy” to TBLA, setting the target price at $6 in the report published on September 25th of the previous year.

TBLA Trading at 5.41% 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 -29.90% of loss for the given period.

Volatility was left at 5.34%, however, over the last 30 days, the volatility rate increased by 3.33%, as shares surge +1.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.14% lower at present.

During the last 5 trading sessions, TBLA rose by +7.14%, which changed the moving average for the period of 200-days by -6.00% in comparison to the 20-day moving average, which settled at $3.25. In addition, Taboola.com Ltd saw -19.05% 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 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:

  • -0.02 for the present operating margin
  • 0.28 for the gross margin

The net margin for Taboola.com Ltd stands at -0.03. The total capital return value is set at -0.03. Equity return is now at value -4.75, with -2.97 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 0.76. The debt to equity ratio resting at 0.16. The interest coverage ratio of the stock is -3.52.

Currently, EBITDA for the company is 36.98 million with net debt to EBITDA at 0.57. When we switch over and look at the enterprise to sales, we see a ratio of 0.74. The receivables turnover for the company is 5.76for trailing twelve months and the total asset turnover is 0.99. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.31.

Conclusion

To sum up, Taboola.com Ltd (TBLA) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.

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