Currently, Riskified Ltd [RSKD] is trading at $4.69, saw in change for the day. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The RSKD shares have gain 6.35% over the last week, with a monthly amount glided 5.16%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Riskified Ltd [NYSE: RSKD] stock has seen the most recent analyst activity on July 10, 2024, when Goldman downgraded its rating to a Sell. Previously, Keefe Bruyette started tracking the stock with Mkt Perform rating on April 09, 2024, and set its price target to $5.75. On February 05, 2024, DA Davidson initiated with a Neutral rating and assigned a price target of $5 on the stock. Barclays downgraded its rating to a Equal Weight but stick to its price target of $5 on December 14, 2023. UBS downgraded its rating to a Neutral but $5 remained the price target by the analyst firm on November 21, 2023. UBS started tracking with a Buy rating for this stock on October 20, 2023, and assigned it a price target of $5.75. In a note dated March 10, 2023, Piper Sandler upgraded an Overweight rating on this stock and boosted its target price from $6 to $8.
This stock has fluctuated between a low of $3.97 and a high of $6.64 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $5.67 within the next 12 months. Riskified Ltd [NYSE: RSKD] shares were valued at $4.69 at the most recent close of the market. An investor can expect a potential return of 20.9% based on the average RSKD price forecast.
Analyzing the RSKD fundamentals
Trailing Twelve Months sales for Riskified Ltd [NYSE:RSKD] were 318.05M which represents 9.71% growth. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.08 and Total Capital is -0.12.
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 4.57 points at the first support level, and at 4.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.80, and for the 2nd resistance point, it is at 4.90.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Riskified Ltd [NYSE:RSKD] is 7.13. Also, the Quick Ratio is 7.73, while the Cash Ratio stands at 5.86. Considering the valuation of this stock, the price to sales ratio is 2.51, the price to book ratio is 1.96.
Transactions by insiders
Recent insider trading involved Kumaraswami Ravi, Officer, that happened on Oct 08 ’24 when 94406.0 shares were purchased. Officer, Dotcheva Aglika completed a deal on Oct 08 ’24 to buy 68887.0 shares. Meanwhile, Officer Feldman Assaf bought 33027.0 shares on Oct 08 ’24.
