A share price of Weave Communications Inc [WEAV] is currently trading at $13.68, up 1.33%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The WEAV shares have gain 4.59% over the last week, with a monthly amount glided 9.44%, and seem to be holding up well over a long-time horizon.
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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 $13.68 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.83.
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 13.46 points at the first support level, and at 13.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.85, and for the 2nd resistance point, it is at 14.01.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Weave Communications Inc [NYSE:WEAV] is 1.48. Further, the Quick Ratio stands at 1.48, while the Cash Ratio is 0.7. Considering the valuation of this stock, the price to sales ratio is 5.25, the price to book ratio is 14.04.
Transactions by insiders
Recent insider trading involved Neish Branden, Officer, that happened on Oct 21 ’24 when 1308.0 shares were purchased. Director, Modersitzki Blake G completed a deal on Oct 16 ’24 to sell 51332.0 shares. Meanwhile, Director Modersitzki Blake G sold 29869.0 shares on Oct 17 ’24.
