Fiverr International Ltd (NYSE: FVRR)’s stock price has soared by 5.43 in relation to previous closing price of 21.53. Nevertheless, the company has seen a loss of -2.28% in its stock price over the last five trading days. zacks.com reported 2024-10-22 that In the most recent trading session, Fiverr International (FVRR) closed at $21.53, indicating a -1.51% shift from the previous trading day.
Is It Worth Investing in Fiverr International Ltd (NYSE: FVRR) Right Now?
Fiverr International Ltd (NYSE: FVRR) has a higher price-to-earnings ratio of 76.46x compared to its average ratio, The 36-month beta value for FVRR is at 1.69. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 3 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”
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The public float for FVRR is 29.84M, and currently, shorts hold a 18.38% of that float. The average trading volume for FVRR on October 23, 2024 was 636.18K shares.
FVRR’s Market Performance
The stock of Fiverr International Ltd (FVRR) has seen a -2.28% decrease in the past week, with a -13.29% drop in the past month, and a 2.67% gain in the past quarter. The volatility ratio for the week is 3.05%, and the volatility levels for the past 30 days are at 3.62% for FVRR. The simple moving average for the past 20 days is -3.96% for FVRR’s stock, with a -4.57% simple moving average for the past 200 days.
Analysts’ Opinion of FVRR
Many brokerage firms have already submitted their reports for FVRR stocks, with UBS repeating the rating for FVRR by listing it as a “Neutral.” The predicted price for FVRR in the upcoming period, according to UBS is $25 based on the research report published on July 02, 2024 of the current year 2024.
Piper Sandler, on the other hand, stated in their research note that they expect to see FVRR reach a price target of $25, previously predicting the price at $30. The rating they have provided for FVRR stocks is “Neutral” according to the report published on February 22nd, 2024.
Goldman gave a rating of “Buy” to FVRR, setting the target price at $43 in the report published on January 19th of the current year.
FVRR Trading at -7.41% from the 50-Day Moving Average
After a stumble in the market that brought FVRR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.19% of loss for the given period.
Volatility was left at 3.62%, however, over the last 30 days, the volatility rate increased by 3.05%, as shares sank -11.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.69% lower at present.
During the last 5 trading sessions, FVRR fell by -1.51%, which changed the moving average for the period of 200-days by -17.40% in comparison to the 20-day moving average, which settled at $23.64. In addition, Fiverr International Ltd saw -16.61% 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 FVRR starting from Garten Yael, who proposed sale 3,048 shares at the price of $22.23 back on Jul 25 ’24. After this action, Garten Yael now owns shares of Fiverr International Ltd, valued at $67,757 using the latest closing price.
Stock Fundamentals for FVRR
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.83 for the gross margin
The net margin for Fiverr International Ltd stands at 0.03. The total capital return value is set at -0.01. Equity return is now at value 3.78, with 1.20 for asset returns.
Based on Fiverr International Ltd (FVRR), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2.
Currently, EBITDA for the company is -5.04 million with net debt to EBITDA at -54.05. When we switch over and look at the enterprise to sales, we see a ratio of 2.89. The receivables turnover for the company is 12.68for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.17.
Conclusion
In conclusion, Fiverr International Ltd (FVRR) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
