In the past week, TENB stock has gone up by 0.26%, with a monthly gain of 3.74% and a quarterly surge of 1.21%. The volatility ratio for the week is 2.18%, and the volatility levels for the last 30 days are 2.98% for Tenable Holdings Inc The simple moving average for the last 20 days is 2.14% for TENB stock, with a simple moving average of -3.81% for the last 200 days.
Is It Worth Investing in Tenable Holdings Inc (NASDAQ: TENB) Right Now?
Moreover, the 36-month beta value for TENB is 0.82. Analysts have varying opinions on the stock, with 10 analysts rating it as a “buy,” 5 as “overweight,” 8 as “hold,” and 0 as “sell.”
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The public float for TENB is 118.06M and currently, short sellers hold a 3.63% of that float. On November 22, 2024, TENB’s average trading volume was 866.77K shares.
TENB) stock’s latest price update
Tenable Holdings Inc (NASDAQ: TENB) has seen a rise in its stock price by 2.52 in relation to its previous close of 40.82. However, the company has experienced a 0.26% gain in its stock price over the last five trading sessions. fool.com reported 2024-11-04 that This small-cap cybersecurity stock could be poised for significant growth over the long term.
Analysts’ Opinion of TENB
Many brokerage firms have already submitted their reports for TENB stocks, with Jefferies repeating the rating for TENB by listing it as a “Hold.” The predicted price for TENB in the upcoming period, according to Jefferies is $45 based on the research report published on October 16, 2024 of the current year 2024.
DA Davidson, on the other hand, stated in their research note that they expect to see TENB reach a price target of $40, previously predicting the price at $56. The rating they have provided for TENB stocks is “Neutral” according to the report published on August 01st, 2024.
Robert W. Baird gave a rating of “Outperform” to TENB, setting the target price at $55 in the report published on July 15th of the current year.
TENB Trading at 2.17% from the 50-Day Moving Average
After a stumble in the market that brought TENB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.78% of loss for the given period.
Volatility was left at 2.98%, however, over the last 30 days, the volatility rate increased by 2.18%, as shares surge +2.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.95% upper at present.
During the last 5 trading sessions, TENB rose by +0.26%, which changed the moving average for the period of 200-days by -16.55% in comparison to the 20-day moving average, which settled at $40.97. In addition, Tenable Holdings Inc saw -9.14% 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 TENB starting from Vintz Stephen A, who sale 2,801 shares at the price of $40.72 back on Nov 19 ’24. After this action, Vintz Stephen A now owns 281,536 shares of Tenable Holdings Inc, valued at $114,057 using the latest closing price.
Yoran Amit, the President, CEO and Chairman of Tenable Holdings Inc, sale 4,828 shares at $40.72 during a trade that took place back on Nov 19 ’24, which means that Yoran Amit is holding 45,171 shares at $196,596 based on the most recent closing price.
Stock Fundamentals for TENB
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.78 for the gross margin
The net margin for Tenable Holdings Inc stands at -0.07. The total capital return value is set at -0.02. Equity return is now at value -15.99, with -3.79 for asset returns.
Based on Tenable Holdings Inc (TENB), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.49. The debt to equity ratio resting at 0.88. The interest coverage ratio of the stock is -0.55.
Currently, EBITDA for the company is -8.95 million with net debt to EBITDA at 5.52. When we switch over and look at the enterprise to sales, we see a ratio of 5.84. The receivables turnover for the company is 4.56for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.21.
Conclusion
To wrap up, the performance of Tenable Holdings Inc (TENB) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
