Cellebrite DI Ltd (CLBT) Stock: Tracking the Weekly Performance

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The stock of Cellebrite DI Ltd (CLBT) has seen a 0.65% increase in the past week, with a 22.90% gain in the past month, and a 35.68% flourish in the past quarter. The volatility ratio for the week is 3.37%, and the volatility levels for the past 30 days are at 4.01% for CLBT. The simple moving average for the last 20 days is 2.56% for CLBT’s stock, with a simple moving average of 49.82% for the last 200 days.

Is It Worth Investing in Cellebrite DI Ltd (NASDAQ: CLBT) Right Now?

The 36-month beta value for CLBT is at 1.52. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for CLBT is 65.73M, and currently, shorts hold a 5.93% of that float. The average trading volume for CLBT on September 13, 2024 was 1.54M shares.

CLBT) stock’s latest price update

Cellebrite DI Ltd (NASDAQ: CLBT)’s stock price has soared by 1.92 in relation to previous closing price of 16.64. Nevertheless, the company has seen a gain of 0.65% in its stock price over the last five trading days. globenewswire.com reported 2024-08-30 that TYSONS CORNER, Va. and PETAH TIKVA, Israel, Aug. 30, 2024 (GLOBE NEWSWIRE) — Cellebrite DI Ltd. (Nasdaq: CLBT) (“Cellebrite,” the “Company” or “we”), a global leader in premier Digital Investigative solutions for the public and private sectors, announced today the “Redemption Fair Market Value” in connection with its previously announced redemption of its warrants (the “Warrants”) to purchase ordinary shares of the Company (the “Ordinary Shares”).

Analysts’ Opinion of CLBT

Many brokerage firms have already submitted their reports for CLBT stocks, with Needham repeating the rating for CLBT by listing it as a “Buy.” The predicted price for CLBT in the upcoming period, according to Needham is $13.50 based on the research report published on March 28, 2024 of the current year 2024.

BofA Securities gave a rating of “Buy” to CLBT, setting the target price at $12 in the report published on February 16th of the current year.

CLBT Trading at 18.72% from the 50-Day Moving Average

After a stumble in the market that brought CLBT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.95% of loss for the given period.

Volatility was left at 4.01%, however, over the last 30 days, the volatility rate increased by 3.37%, as shares surge +21.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +39.93% upper at present.

During the last 5 trading sessions, CLBT rose by +0.65%, which changed the moving average for the period of 200-days by +100.24% in comparison to the 20-day moving average, which settled at $16.69. In addition, Cellebrite DI Ltd saw 95.84% 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 CLBT starting from Ben-Peretz Leeor, who proposed sale 8,919 shares at the price of $16.95 back on Sep 04 ’24. After this action, Ben-Peretz Leeor now owns shares of Cellebrite DI Ltd, valued at $151,177 using the latest closing price.

Carmil Yosef, the Officer of Cellebrite DI Ltd, proposed sale 37,103 shares at $17.40 during a trade that took place back on Aug 28 ’24, which means that Carmil Yosef is holding shares at $645,592 based on the most recent closing price.

Stock Fundamentals for CLBT

Current profitability levels for the company are sitting at:

  • 0.14 for the present operating margin
  • 0.84 for the gross margin

The net margin for Cellebrite DI Ltd stands at -0.29. The total capital return value is set at 0.16. Equity return is now at value -1768.51, with -21.03 for asset returns.

Based on Cellebrite DI Ltd (CLBT), the company’s capital structure generated -0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 8.36. The debt to equity ratio resting at -0.29. The interest coverage ratio of the stock is 0.34.

Currently, EBITDA for the company is 43.29 million with net debt to EBITDA at -1.58. When we switch over and look at the enterprise to sales, we see a ratio of 9.47. The receivables turnover for the company is 5.13for trailing twelve months and the total asset turnover is 0.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.73.

Conclusion

In conclusion, Cellebrite DI Ltd (CLBT) has had a better performance lately. Opinion on the stock among analysts is bullish, 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.

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