Marketwise Inc (NASDAQ: MKTW) has experienced a rise in its stock price by 14.90 compared to its previous closing price of 0.51. However, the company has seen a gain of 9.58% in its stock price over the last five trading days. globenewswire.com reported 2025-01-15 that BALTIMORE, Jan. 15, 2025 (GLOBE NEWSWIRE) — MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today reported preliminary selected unaudited financial and operational updates for fourth quarter 2024 below. Our objective is to provide investors with selected information on recent directional trends in advance of issuing our usual earnings press release announcing full year 2024 financial results, which we expect to release in March 2025.
Is It Worth Investing in Marketwise Inc (NASDAQ: MKTW) Right Now?
The price-to-earnings ratio for Marketwise Inc (NASDAQ: MKTW) is above average at 4.52x. The 36-month beta value for MKTW is also noteworthy at 0.41. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for MKTW is 27.80M, and at present, short sellers hold a 3.83% of that float. The average trading volume of MKTW on January 15, 2025 was 632.81K shares.
MKTW’s Market Performance
The stock of Marketwise Inc (MKTW) has seen a 9.58% increase in the past week, with a 14.93% rise in the past month, and a -5.43% fall in the past quarter. The volatility ratio for the week is 6.68%, and the volatility levels for the past 30 days are at 9.87% for MKTW. The simple moving average for the past 20 days is 10.49% for MKTW’s stock, with a -39.22% simple moving average for the past 200 days.
Analysts’ Opinion of MKTW
Many brokerage firms have already submitted their reports for MKTW stocks, with UBS repeating the rating for MKTW by listing it as a “Neutral.” The predicted price for MKTW in the upcoming period, according to UBS is $3.50 based on the research report published on December 01, 2023 of the previous year 2023.
Wedbush gave a rating of “Neutral” to MKTW, setting the target price at $6 in the report published on March 11th of the previous year.
MKTW Trading at 9.15% from the 50-Day Moving Average
After a stumble in the market that brought MKTW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -78.46% of loss for the given period.
Volatility was left at 9.87%, however, over the last 30 days, the volatility rate increased by 6.68%, as shares surge +14.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading unchanged at present.
During the last 5 trading sessions, MKTW rose by +8.90%, which changed the moving average for the period of 200-days by -66.47% in comparison to the 20-day moving average, which settled at $0.5280. In addition, Marketwise Inc saw 2.84% 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 MKTW starting from Tongue Glenn H, who purchase 10,764 shares at the price of $0.70 back on Sep 17 ’24. After this action, Tongue Glenn H now owns 24,038 shares of Marketwise Inc, valued at $7,519 using the latest closing price.
Tongue Glenn H, the Director of Marketwise Inc, purchase 5,000 shares at $0.70 during a trade that took place back on Sep 18 ’24, which means that Tongue Glenn H is holding 255,812 shares at $3,500 based on the most recent closing price.
Stock Fundamentals for MKTW
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.87 for the gross margin
The net margin for Marketwise Inc stands at 0.06. The total capital return value is set at -12.63.
Based on Marketwise Inc (MKTW), the company’s capital structure generated -0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -11.03. The debt to equity ratio resting at -0.02. The interest coverage ratio of the stock is 38.53.
Currently, EBITDA for the company is 58.21 million with net debt to EBITDA at -1.29. When we switch over and look at the enterprise to sales, we see a ratio of -0.15. The receivables turnover for the company is 86.53for trailing twelve months and the total asset turnover is 1.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.38.
Conclusion
In summary, Marketwise Inc (MKTW) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.
