The stock price of Cellebrite DI Ltd (NASDAQ: CLBT) has dropped by -0.30 compared to previous close of 19.99. Despite this, the company has seen a gain of 6.24% in its stock price over the last five trading days. globenewswire.com reported 2024-11-25 that TYSONS CORNER, Va. and PETAH TIKVA, Israel, Nov. 25, 2024 (GLOBE NEWSWIRE) — {{DATELINECITY_DATE_GLOBENEWSWIRE_BUG} Cellebrite (NASDAQ: CLBT), a global leader in premier Digital Investigative solutions for the public and private sectors, today announced the Company will participate in the upcoming UBS Global Technology and AI Conference. Relevant details include:
Is It Worth Investing in Cellebrite DI Ltd (NASDAQ: CLBT) Right Now?
The 36-month beta value for CLBT is at 1.51. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for CLBT is 86.02M, and currently, shorts hold a 1.76% of that float. The average trading volume for CLBT on November 27, 2024 was 1.30M shares.
CLBT’s Market Performance
CLBT’s stock has seen a 6.24% increase for the week, with a 9.27% rise in the past month and a 17.17% gain in the past quarter. The volatility ratio for the week is 3.52%, and the volatility levels for the past 30 days are at 4.46% for Cellebrite DI Ltd. The simple moving average for the past 20 days is 6.38% for CLBT’s stock, with a 43.86% simple moving average for the past 200 days.
Analysts’ Opinion of CLBT
Many brokerage firms have already submitted their reports for CLBT stocks, with Needham repeating the rating for CLBT by listing it as a “Buy.” The predicted price for CLBT in the upcoming period, according to Needham is $13.50 based on the research report published on March 28, 2024 of the current year 2024.
BofA Securities gave a rating of “Buy” to CLBT, setting the target price at $12 in the report published on February 16th of the current year.
CLBT Trading at 10.32% from the 50-Day Moving Average
After a stumble in the market that brought CLBT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.10% of loss for the given period.
Volatility was left at 4.46%, however, over the last 30 days, the volatility rate increased by 3.52%, as shares surge +7.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.15% upper at present.
During the last 5 trading sessions, CLBT rose by +6.24%, which changed the moving average for the period of 200-days by +114.76% in comparison to the 20-day moving average, which settled at $18.74. In addition, Cellebrite DI Ltd saw 130.14% 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 CLBT starting from AYALA BERLER SHAPIRA, who proposed sale 67,560 shares at the price of $19.99 back on Nov 26 ’24. After this action, AYALA BERLER SHAPIRA now owns shares of Cellebrite DI Ltd, valued at $1,350,524 using the latest closing price.
DANA GERNER, the Officer of Cellebrite DI Ltd, proposed sale 689,231 shares at $20.18 during a trade that took place back on Nov 22 ’24, which means that DANA GERNER is holding shares at $13,908,682 based on the most recent closing price.
Stock Fundamentals for CLBT
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.84 for the gross margin
The net margin for Cellebrite DI Ltd stands at -0.82. The total capital return value is set at 0.16. Equity return is now at value -188.50, with -57.30 for asset returns.
Currently, EBITDA for the company is -64.8 million with net debt to EBITDA at 2.96. When we switch over and look at the enterprise to sales, we see a ratio of 10.44. The receivables turnover for the company is 4.11for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.81.
Conclusion
In conclusion, Cellebrite DI Ltd (CLBT) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
