Weave Communications Inc (WEAV) Stock: A Closer Look

A share price of Weave Communications Inc [WEAV] is currently trading at $11.28, up 0.80%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The WEAV shares have gain 3.39% over the last week, with a monthly amount glided 3.49%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Weave Communications Inc [NYSE: WEAV] stock has seen the most recent analyst activity on February 26, 2024, when Raymond James upgraded its rating to a Strong Buy but kept the price target unchanged to $15 for it. Previously, Piper Sandler upgraded its rating to Overweight on January 02, 2024, and elevated its price target to $15. On June 26, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $13 on the stock. Raymond James upgraded its rating to a Outperform but stick to its price target of $6 on May 04, 2023. Loop Capital downgraded its rating to a Hold and reduced its price target to $5 on August 04, 2022. Raymond James downgraded its rating to Mkt Perform for this stock on March 03, 2022. In a note dated March 03, 2022, Piper Sandler downgraded an Neutral rating on this stock but restated the target price of $9.

Weave Communications Inc experienced fluctuations in its stock price throughout the past year between $6.67 and $13.80. Weave Communications Inc [NYSE: WEAV] shares were valued at $11.28 at the most recent close of the market.

Analyzing the WEAV fundamentals

Trailing Twelve Months sales for Weave Communications Inc [NYSE:WEAV] were 187.00M which represents 21.41% growth. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at -0.18%, Pretax Profit Margin comes in at -0.16%, and Net Profit Margin reading is -0.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.16, Equity is -0.4 and Total Capital is -0.29. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.83.

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 11.20 points at the first support level, and at 11.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.33, and for the 2nd resistance point, it is at 11.39.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Weave Communications Inc [NYSE:WEAV] is 1.48. In addition, the Quick Ratio stands at 1.48 and the Cash Ratio stands at 0.7. Considering the valuation of this stock, the price to sales ratio is 4.33, the price to book ratio is 11.58.

Transactions by insiders

Recent insider trading involved Goodsell Erin, Chief Legal Officer & Corp.Sec, that happened on Aug 20 ’24 when 15000.0 shares were sold. Chief Legal Officer & Corp.Sec, Goodsell Erin completed a deal on Aug 19 ’24 to sell 1528.0 shares. Meanwhile, Officer Goodsell Erin bought 15000.0 shares on Aug 20 ’24.

Related Posts