Guidewire Software Inc’s (GWRE) Stock: A 4.53% Simple Moving Average for the Past 20 Days

The stock of Guidewire Software Inc (GWRE) has gone up by 2.61% for the week, with a 9.52% rise in the past month and a 35.18% rise in the past quarter. The volatility ratio for the week is 1.77%, and the volatility levels for the past 30 days are 1.67% for GWRE. The simple moving average for the past 20 days is 4.53% for GWRE’s stock, with a 43.09% simple moving average for the past 200 days.

Is It Worth Investing in Guidewire Software Inc (NYSE: GWRE) Right Now?

Additionally, the 36-month beta value for GWRE is 1.19. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”

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The public float for GWRE is 82.01M and currently, short sellers hold a 2.08% ratio of that float. The average trading volume of GWRE on October 16, 2024 was 803.40K shares.

GWRE) stock’s latest price update

Guidewire Software Inc (NYSE: GWRE)’s stock price has surge by 0.70relation to previous closing price of 188.19. Nevertheless, the company has seen a 2.61% surge in its stock price over the last five trading sessions. businesswire.com reported 2024-10-15 that SAN MATEO, Calif.–(BUSINESS WIRE)–Guidewire Software, Inc. (NYSE: GWRE) today announced the pricing of its offering of $600.0 million aggregate principal amount of 1.25% convertible senior notes due 2029 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering size was increased from the previously announced offering size of $500.0 million aggr.

Analysts’ Opinion of GWRE

Many brokerage firms have already submitted their reports for GWRE stocks, with Raymond James repeating the rating for GWRE by listing it as a “Outperform.” The predicted price for GWRE in the upcoming period, according to Raymond James is $125 based on the research report published on February 01, 2024 of the current year 2024.

Oppenheimer gave a rating of “Outperform” to GWRE, setting the target price at $115 in the report published on December 08th of the previous year.

GWRE Trading at 15.15% from the 50-Day Moving Average

After a stumble in the market that brought GWRE to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.04% of gains for the given period.

Volatility was left at 1.67%, however, over the last 30 days, the volatility rate increased by 1.77%, as shares surge +9.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.98% upper at present.

During the last 5 trading sessions, GWRE rose by +2.24%, which changed the moving average for the period of 200-days by +73.17% in comparison to the 20-day moving average, which settled at $181.26. In addition, Guidewire Software Inc saw 73.79% 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 GWRE starting from Mullen John P, who sale 1,350 shares at the price of $174.78 back on Sep 20 ’24. After this action, Mullen John P now owns 158,749 shares of Guidewire Software Inc, valued at $235,953 using the latest closing price.

JOHN MULLEN, the Officer of Guidewire Software Inc, proposed sale 1,350 shares at $174.78 during a trade that took place back on Sep 20 ’24, which means that JOHN MULLEN is holding shares at $235,953 based on the most recent closing price.

Stock Fundamentals for GWRE

Current profitability levels for the company are sitting at:

  • -0.05 for the present operating margin
  • 0.59 for the gross margin

The net margin for Guidewire Software Inc stands at -0.01. The total capital return value is set at -0.04. Equity return is now at value -0.48, with -0.28 for asset returns.

Based on Guidewire Software Inc (GWRE), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at 0.47. The debt to equity ratio resting at 0.32. The interest coverage ratio of the stock is -7.84.

Currently, EBITDA for the company is -30.26 million with net debt to EBITDA at 4.6. When we switch over and look at the enterprise to sales, we see a ratio of 15.99. The receivables turnover for the company is 4.37for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.52.

Conclusion

In conclusion, Guidewire Software Inc (GWRE) has seen better performance in recent times. Analysts have a bullish 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.

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