PubMatic Inc (PUBM) Shares See 17.02% Rise Over Last Week

At the time of writing, PubMatic Inc [PUBM] stock is trading at $15.95, up 4.11%. An important factor to consider is whether the stock is rising or falling in short-term value. The PUBM shares have gain 17.02% over the last week, with a monthly amount drifted -27.80%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

PubMatic Inc [NASDAQ: PUBM] stock has seen the most recent analyst activity on August 09, 2024, when Raymond James downgraded its rating to a Mkt Perform. Previously, Wolfe Research started tracking the stock with Outperform rating on July 16, 2024, and set its price target to $25. Oppenheimer downgraded its rating to a Perform. Macquarie downgraded its rating to a Neutral and reduced its price target to $16 on August 09, 2023. B. Riley Securities started tracking with a Buy rating for this stock on April 13, 2023, and assigned it a price target of $20.

For the past year, the stock price of PubMatic Inc fluctuated between $10.92 and $25.36. Currently, Wall Street analysts expect the stock to reach $24.8 within the next 12 months. PubMatic Inc [NASDAQ: PUBM] shares were valued at $15.95 at the most recent close of the market. An investor can expect a potential return of 55.49% based on the average PUBM price forecast.

Analyzing the PUBM fundamentals

According to PubMatic Inc [NASDAQ:PUBM], the company’s sales were 282.25M for trailing twelve months, which represents an 6.22% jump. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.07 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.58 points at the first support level, and at 15.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.15, and for the 2nd resistance point, it is at 16.34.

Ratios To Look Out For

It is important to note that PubMatic Inc [NASDAQ:PUBM] has a current ratio of 1.44. On the other hand, the Quick Ratio is 1.44, and the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 2.80, the price to book ratio is 2.80 and price to earnings (TTM) ratio is 44.49.

Transactions by insiders

Recent insider trading involved Pantelick Steven, CHIEF FINANCIAL OFFICER, that happened on Aug 13 ’24 when 4000.0 shares were sold. Officer, STEVE M PANTELICK completed a deal on Aug 13 ’24 to buy 12000.0 shares. Meanwhile, CHIEF EXECUTIVE OFFICER Goel Rajeev K. sold 25000.0 shares on Aug 05 ’24.

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