FiscalNote Holdings Inc [NOTE] stock prices are up 7.52% to $1.43 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NOTE shares have gain 10.00% over the last week, with a monthly amount drifted -21.43%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
FiscalNote Holdings Inc [NYSE: NOTE] stock has seen the most recent analyst activity on November 15, 2023, when BTIG Research downgraded its rating to a Neutral. Previously, B. Riley Securities started tracking the stock with Buy rating on July 26, 2023, and set its price target to $5. On June 21, 2023, ROTH MKM initiated with a Buy rating and assigned a price target of $4.75 on the stock. DA Davidson downgraded its rating to a Neutral. BTIG Research initiated its recommendation with a Buy and recommended $14 as its price target on August 30, 2022.
The stock price of FiscalNote Holdings Inc [NOTE] has been fluctuating between $0.65 and $2.77 over the past year. Currently, Wall Street analysts expect the stock to reach $7.25 within the next 12 months. FiscalNote Holdings Inc [NYSE: NOTE] shares were valued at $1.43 at the most recent close of the market. An investor can expect a potential return of 406.99% based on the average NOTE price forecast.
Analyzing the NOTE fundamentals
The FiscalNote Holdings Inc [NYSE:NOTE] reported sales of 129.63M for trailing twelve months, representing a drop of -10.95%. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at -0.37%, Pretax Profit Margin comes in at -0.2%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.32 and Total Capital is -0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.4.
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 1.3367 points at the first support level, and at 1.2433 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4967, and for the 2nd resistance point, it is at 1.5633.
Ratios To Look Out For
It’s worth pointing out that FiscalNote Holdings Inc [NYSE:NOTE]’s Current Ratio is 0.96. As well, the Quick Ratio is 0.96, while the Cash Ratio is 0.51. Considering the valuation of this stock, the price to sales ratio is 1.54, the price to book ratio is 1.86.
Transactions by insiders
Recent insider trading involved Aman Todd, SVP, General Counsel & Sec., that happened on Aug 15 ’24 when 530.0 shares were sold. Officer, Aman Todd completed a deal on Aug 16 ’24 to buy 530.0 shares. Meanwhile, CFO and SVP, Corp. Dev. Slabaugh Jon sold 913.0 shares on Aug 07 ’24.
