The stock of WalkMe Ltd (WKME) has gone up by 0.76% for the week, with a 0.54% rise in the past month and a 1.42% rise in the past quarter. The volatility ratio for the week is 0.42%, and the volatility levels for the past 30 days are 0.34% for WKME. The simple moving average for the past 20 days is 0.71% for WKME’s stock, with a 29.33% simple moving average for the past 200 days.
Is It Worth Investing in WalkMe Ltd (NASDAQ: WKME) Right Now?
The 36-month beta value for WKME is at 0.15. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 as “hold,” and 1 as “sell.”
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The public float for WKME is 27.90M, and currently, shorts hold a 1.78% of that float. The average trading volume for WKME on September 11, 2024 was 576.23K shares.
WKME) stock’s latest price update
WalkMe Ltd (NASDAQ: WKME)’s stock price has gone rise by 0.04 in comparison to its previous close of 13.95, however, the company has experienced a 0.76% increase in its stock price over the last five trading days. globenewswire.com reported 2024-08-19 that Newly launched WalkMe X receives four industry awards for artificial intelligence SAN FRANCISCO, Aug. 19, 2024 (GLOBE NEWSWIRE) — WalkMe (NASDAQ: WKME), a leading provider of digital adoption solutions for effectively navigating technology change, today announced new capabilities as part of its Summer ‘24 product release and recent industry recognition for AI innovation. Many of these new capabilities are part of WalkMe X , the world’s first and only copilot with the context to meet every user with the next best action for any workflow, across any application with both proactive and on-demand AI assistance.
Analysts’ Opinion of WKME
Barclays, on the other hand, stated in their research note that they expect to see WKME reach a price target of $10. The rating they have provided for WKME stocks is “Underweight” according to the report published on January 12th, 2024.
BMO Capital Markets gave a rating of “Market Perform” to WKME, setting the target price at $11 in the report published on May 08th of the previous year.
WKME Trading at 0.62% from the 50-Day Moving Average
After a stumble in the market that brought WKME to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.96% of loss for the given period.
Volatility was left at 0.34%, however, over the last 30 days, the volatility rate increased by 0.42%, as shares surge +0.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.61% upper at present.
During the last 5 trading sessions, WKME rose by +0.76%, which changed the moving average for the period of 200-days by +49.25% in comparison to the 20-day moving average, which settled at $13.86. In addition, WalkMe Ltd saw 30.79% 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 WKME starting from DAN ADIKA, who proposed sale 343,727 shares at the price of $13.93 back on Sep 06 ’24. After this action, DAN ADIKA now owns shares of WalkMe Ltd, valued at $4,787,430 using the latest closing price.
DAN ADIKA, the Officer of WalkMe Ltd, proposed sale 24,141 shares at $13.85 during a trade that took place back on Sep 05 ’24, which means that DAN ADIKA is holding shares at $334,420 based on the most recent closing price.
Stock Fundamentals for WKME
Current profitability levels for the company are sitting at:
- -0.13 for the present operating margin
- 0.85 for the gross margin
The net margin for WalkMe Ltd stands at -0.17. The total capital return value is set at -0.12. Equity return is now at value -17.76, with -9.77 for asset returns.
Based on WalkMe Ltd (WKME), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 6.41.
Currently, EBITDA for the company is -49.3 million with net debt to EBITDA at 7.46. When we switch over and look at the enterprise to sales, we see a ratio of 4.02. The receivables turnover for the company is 7.25for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.89.
Conclusion
In conclusion, WalkMe Ltd (WKME) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
