The stock price of Thryv Holdings Inc (NASDAQ: THRY) has dropped by -6.49 compared to previous close of 17.71. Despite this, the company has seen a fall of -3.72% in its stock price over the last five trading days. globenewswire.com reported 2024-09-27 that Dublin, Sept. 27, 2024 (GLOBE NEWSWIRE) — The “Long QT Syndrome (LQTS) Market Assessment: Epidemiology, Treatment Landscape, Unmet Needs, Emerging Therapies, and Value & Access” report has been added to ResearchAndMarkets.com’s offering. Long QT Syndrome (LQTS) market landscape report combines primary (KOL interviews) and secondary market research to empower strategic decision-making and provide a complete view of the market. It includes a disease overview, epidemiology (US and EU5), current treatment, unmet needs, pipeline and access and reimbursement chapter.
Is It Worth Investing in Thryv Holdings Inc (NASDAQ: THRY) Right Now?
Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for THRY is 33.38M, and at present, short sellers hold a 7.43% of that float. On October 04, 2024, the average trading volume of THRY was 189.87K shares.
THRY’s Market Performance
THRY’s stock has seen a -3.72% decrease for the week, with a -8.31% drop in the past month and a -2.87% fall in the past quarter. The volatility ratio for the week is 3.97%, and the volatility levels for the past 30 days are at 3.43% for Thryv Holdings Inc The simple moving average for the past 20 days is -6.76% for THRY’s stock, with a -16.87% simple moving average for the past 200 days.
Analysts’ Opinion of THRY
Many brokerage firms have already submitted their reports for THRY stocks, with Craig Hallum repeating the rating for THRY by listing it as a “Buy.” The predicted price for THRY in the upcoming period, according to Craig Hallum is $25 based on the research report published on October 02, 2024 of the current year 2024.
Robert W. Baird, on the other hand, stated in their research note that they expect to see THRY reach a price target of $43. The rating they have provided for THRY stocks is “Outperform” according to the report published on July 23rd, 2021.
B. Riley Securities gave a rating of “Buy” to THRY, setting the target price at $45 in the report published on July 15th of the previous year.
THRY Trading at -7.71% from the 50-Day Moving Average
After a stumble in the market that brought THRY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.32% of loss for the given period.
Volatility was left at 3.43%, however, over the last 30 days, the volatility rate increased by 3.97%, as shares sank -7.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.21% lower at present.
During the last 5 trading sessions, THRY fell by -3.72%, which changed the moving average for the period of 200-days by -15.90% in comparison to the 20-day moving average, which settled at $17.69. In addition, Thryv Holdings Inc saw -18.62% 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 THRY starting from Akhtar Amer, who purchase 1,200 shares at the price of $18.46 back on Sep 18 ’24. After this action, Akhtar Amer now owns 20,535 shares of Thryv Holdings Inc, valued at $22,152 using the latest closing price.
Walsh Joe, the Chairman and CEO of Thryv Holdings Inc, purchase 1,500 shares at $17.05 during a trade that took place back on Sep 11 ’24, which means that Walsh Joe is holding 499,152 shares at $25,575 based on the most recent closing price.
Stock Fundamentals for THRY
Current profitability levels for the company are sitting at:
- -0.21 for the present operating margin
- 0.64 for the gross margin
The net margin for Thryv Holdings Inc stands at -0.31. The total capital return value is set at -0.33. Equity return is now at value -92.14, with -28.69 for asset returns.
Based on Thryv Holdings Inc (THRY), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at 0.35. The debt to equity ratio resting at 1.87. The interest coverage ratio of the stock is -7.69.
Currently, EBITDA for the company is 133.28 million with net debt to EBITDA at 2.4. 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 4.32for trailing twelve months and the total asset turnover is 1.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.
Conclusion
To sum up, Thryv Holdings Inc (THRY) has seen a bad 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.
