The stock of Tenable Holdings Inc (NASDAQ: TENB) has increased by 3.97 when compared to last closing price of 40.52. Despite this, the company has experienced a 8.33% gain in its stock price over the last five trading sessions. cnbc.com reported 2025-01-04 that Tenable CEO Amit Yoran died on Friday, the company confirmed in a statement. Yoran, 54, was on a brief medical leave as he battled cancer.
Is It Worth Investing in Tenable Holdings Inc (NASDAQ: TENB) Right Now?
Company’s 36-month beta value is 0.86.Analysts have differing opinions on the stock, with 10 analysts rating it as a “buy,” 4 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for TENB is 118.04M, and currently, short sellers hold a 3.11% ratio of that floaft. The average trading volume of TENB on January 16, 2025 was 939.76K shares.
TENB’s Market Performance
The stock of Tenable Holdings Inc (TENB) has seen a 8.33% increase in the past week, with a 1.27% rise in the past month, and a -1.01% fall in the past quarter. The volatility ratio for the week is 2.22%, and the volatility levels for the past 30 days are at 2.75% for TENB. The simple moving average for the last 20 days is 5.39% for TENB stock, with a simple moving average of -0.25% for the last 200 days.
Analysts’ Opinion of TENB
Many brokerage firms have already submitted their reports for TENB stocks, with Morgan Stanley repeating the rating for TENB by listing it as a “Equal-Weight.” The predicted price for TENB in the upcoming period, according to Morgan Stanley is $47 based on the research report published on December 02, 2024 of the previous year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see TENB reach a price target of $45. The rating they have provided for TENB stocks is “Hold” according to the report published on October 16th, 2024.
DA Davidson gave a rating of “Neutral” to TENB, setting the target price at $40 in the report published on August 01st of the previous year.
TENB Trading at 2.44% 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 -21.25% of loss for the given period.
Volatility was left at 2.75%, however, over the last 30 days, the volatility rate increased by 2.22%, as shares sank -1.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.06% upper at present.
During the last 5 trading sessions, TENB rose by +7.75%, which changed the moving average for the period of 200-days by -15.07% in comparison to the 20-day moving average, which settled at $39.97. In addition, Tenable Holdings Inc saw 6.98% 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 TENB starting from Vicks Raymond Jr., who sale 809 shares at the price of $38.52 back on Jan 08 ’25. After this action, Vicks Raymond Jr. now owns 8,659 shares of Tenable Holdings Inc, valued at $31,163 using the latest closing price.
Vicks Raymond Jr., the Director of Tenable Holdings Inc, proposed sale 809 shares at $38.52 during a trade that took place back on Jan 08 ’25, which means that Vicks Raymond Jr. is holding shares at $31,163 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 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.43. The debt to equity ratio resting at 1.01. 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 5.89. 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
In a nutshell, Tenable Holdings Inc (TENB) has experienced a mixed performance in recent times. The stock has received mixed “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.
