At the time of writing, Edgio Inc [EGIO] stock is trading at $1.38, down -11.54%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EGIO shares have gain 13.11% over the last week, with a monthly amount drifted -84.25%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Edgio Inc [NASDAQ: EGIO] stock has seen the most recent analyst activity on November 10, 2022, when Northland Capital downgraded its rating to a Market Perform. Previously, Cowen downgraded its rating to Market Perform on November 10, 2022, and dropped its price target to $2.50.
For the past year, the stock price of Edgio Inc fluctuated between $0.72 and $42.00. Edgio Inc [NASDAQ: EGIO] shares were valued at $1.38 at the most recent close of the market.
Analyzing the EGIO fundamentals
According to Edgio Inc [NASDAQ:EGIO], the company’s sales were 379.92M for trailing twelve months, which represents an -19.91% plunge. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at -0.3%, Pretax Profit Margin comes in at -0.32%, and Net Profit Margin reading is -0.32%. To continue investigating profitability, this company’s Return on Assets is posted at -0.21, Equity is -0.53 and Total Capital is -0.3. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.87.
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 0.9833 points at the first support level, and at 0.5867 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.9733, and for the 2nd resistance point, it is at 2.5667.
Ratios To Look Out For
It is important to note that Edgio Inc [NASDAQ:EGIO] has a current ratio of 0.85. As well, the Quick Ratio is 0.85, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 0.02, the price to book ratio is 0.05.
Transactions by insiders
Recent insider trading involved Kapur Ajay, Former CTO, that happened on Sep 12 ’24 when 0.14 million shares were sold. Former CTO, Kapur Ajay completed a deal on Sep 11 ’24 to sell 5000.0 shares.
