The stock of Duolingo Inc (NASDAQ: DUOL) has increased by 5.68 when compared to last closing price of 269.79.Despite this, the company has seen a gain of 13.94% in its stock price over the last five trading days. zacks.com reported 2024-09-24 that Duolingo (DUOL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock’s prospects.
Is It Worth Investing in Duolingo Inc (NASDAQ: DUOL) Right Now?
Duolingo Inc (NASDAQ: DUOL) has a price-to-earnings ratio of 205.70x that is above its average ratio. Additionally, the 36-month beta value for DUOL is 0.77. There are mixed opinions on the stock, with 10 analysts rating it as a “buy,” 2 rating it as “overweight,” 5 rating it as “hold,” and 1 rating it as “sell.”
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The public float for DUOL is 35.86M and currently, short sellers hold a 6.00% ratio of that float. The average trading volume of DUOL on September 25, 2024 was 640.19K shares.
DUOL’s Market Performance
DUOL stock saw an increase of 13.94% in the past week, with a monthly gain of 35.78% and a quarterly increase of 39.84%. The volatility ratio for the week is 3.76%, and the volatility levels for the last 30 days are 3.52% for Duolingo Inc (DUOL). The simple moving average for the past 20 days is 24.61% for DUOL’s stock, with a 39.02% simple moving average for the past 200 days.
Analysts’ Opinion of DUOL
BofA Securities, on the other hand, stated in their research note that they expect to see DUOL reach a price target of $245. The rating they have provided for DUOL stocks is “Buy” according to the report published on July 26th, 2024.
DUOL Trading at 41.48% from the 50-Day Moving Average
After a stumble in the market that brought DUOL to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 4.35% of gains for the given period.
Volatility was left at 3.52%, however, over the last 30 days, the volatility rate increased by 3.76%, as shares surge +38.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +53.14% upper at present.
During the last 5 trading sessions, DUOL rose by +14.63%, which changed the moving average for the period of 200-days by +35.67% in comparison to the 20-day moving average, which settled at $232.78. In addition, Duolingo Inc saw 25.69% 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 DUOL starting from Meese Robert, who sale 5,000 shares at the price of $270.00 back on Sep 20 ’24. After this action, Meese Robert now owns 147,053 shares of Duolingo Inc, valued at $1,350,000 using the latest closing price.
ROBERT MEESE, the Officer of Duolingo Inc, proposed sale 5,000 shares at $264.00 during a trade that took place back on Sep 20 ’24, which means that ROBERT MEESE is holding shares at $1,320,000 based on the most recent closing price.
Stock Fundamentals for DUOL
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.73 for the gross margin
The net margin for Duolingo Inc stands at 0.1. The total capital return value is set at 0.04. Equity return is now at value 9.72, with 6.71 for asset returns.
Based on Duolingo Inc (DUOL), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at 4.07.
Currently, EBITDA for the company is -5.83 million with net debt to EBITDA at -19.8. When we switch over and look at the enterprise to sales, we see a ratio of 18.32. The receivables turnover for the company is 4.5for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.28.
Conclusion
In conclusion, Duolingo Inc (DUOL) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as 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.
