The stock of Kaltura Inc (NASDAQ: KLTR) has increased by 7.07 when compared to last closing price of 2.05.Despite this, the company has seen a gain of 9.20% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-06 that Kaltura, Inc. (NASDAQ:KLTR ) Q3 2024 Earnings Conference Call November 6, 2024 8:00 AM ET Company Participants Erica Mannion – Investor Relations Ron Yekutiel – Co-Founder, Chairman, President and CEO John Doherty – Chief Financial Officer Conference Call Participants Gabriela Borges – Goldman Sachs DJ Hynes – Canaccord Genuity Ryan Koontz – Needham & Company Patrick Walravens – Citizens JMP Operator Greetings. And welcome to the Kaltura Third Quarter 2024 Conference Call.
Is It Worth Investing in Kaltura Inc (NASDAQ: KLTR) Right Now?
Additionally, the 36-month beta value for KLTR is 0.95. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
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The public float for KLTR is 70.67M and currently, short sellers hold a 1.17% ratio of that float. The average trading volume of KLTR on November 21, 2024 was 156.61K shares.
KLTR’s Market Performance
KLTR stock saw an increase of 9.20% in the past week, with a monthly gain of 66.29% and a quarterly increase of 71.48%. The volatility ratio for the week is 3.93%, and the volatility levels for the last 30 days are 6.30% for Kaltura Inc (KLTR). The simple moving average for the past 20 days is 26.29% for KLTR’s stock, with a 67.44% simple moving average for the past 200 days.
Analysts’ Opinion of KLTR
Many brokerage firms have already submitted their reports for KLTR stocks, with Wells Fargo repeating the rating for KLTR by listing it as a “Underweight.” The predicted price for KLTR in the upcoming period, according to Wells Fargo is $1.50 based on the research report published on December 20, 2023 of the previous year 2023.
BofA Securities, on the other hand, stated in their research note that they expect to see KLTR reach a price target of $1.75, previously predicting the price at $2.75. The rating they have provided for KLTR stocks is “Underperform” according to the report published on April 17th, 2023.
KLTR Trading at 47.65% from the 50-Day Moving Average
After a stumble in the market that brought KLTR to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 3.54% of gains for the given period.
Volatility was left at 6.30%, however, over the last 30 days, the volatility rate increased by 3.93%, as shares surge +68.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +88.14% upper at present.
During the last 5 trading sessions, KLTR rose by +10.45%, which changed the moving average for the period of 200-days by +38.75% in comparison to the 20-day moving average, which settled at $1.74. In addition, Kaltura Inc saw 12.56% 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 KLTR starting from Israeli Natan, who sale 1,700 shares at the price of $1.34 back on Jun 21 ’24. After this action, Israeli Natan now owns 1,362,114 shares of Kaltura Inc, valued at $2,278 using the latest closing price.
Israeli Natan, the Chief Customer Officer of Kaltura Inc, sale 100 shares at $1.30 during a trade that took place back on Jun 18 ’24, which means that Israeli Natan is holding 1,363,814 shares at $130 based on the most recent closing price.
Stock Fundamentals for KLTR
Current profitability levels for the company are sitting at:
- -0.16 for the present operating margin
- 0.65 for the gross margin
The net margin for Kaltura Inc stands at -0.21. The total capital return value is set at -0.4. Equity return is now at value -130.60, with -20.54 for asset returns.
Based on Kaltura Inc (KLTR), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 1.47. The interest coverage ratio of the stock is -7.36.
Currently, EBITDA for the company is -29.03 million with net debt to EBITDA at -0.69. When we switch over and look at the enterprise to sales, we see a ratio of 1.93. The receivables turnover for the company is 7.84for trailing twelve months and the total asset turnover is 0.99. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.02.
Conclusion
In conclusion, Kaltura Inc (KLTR) 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.
