A share price of Riskified Ltd [RSKD] is currently trading at $4.88, up 2.31%. An important factor to consider is whether the stock is rising or falling in short-term value. The RSKD shares have gain 4.05% over the last week, with a monthly amount glided 10.41%, 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.
Riskified Ltd experienced fluctuations in its stock price throughout the past year between $4.01 and $6.64. Currently, Wall Street analysts expect the stock to reach $5.67 within the next 12 months. Riskified Ltd [NYSE: RSKD] shares were valued at $4.88 at the most recent close of the market. An investor can expect a potential return of 16.19% 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 4.77 points at the first support level, and at 4.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.96, and for the 2nd resistance point, it is at 5.03.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Riskified Ltd [NYSE:RSKD] is 7.13. On the other hand, the Quick Ratio is 7.73, and the Cash Ratio is 5.86. Considering the valuation of this stock, the price to sales ratio is 2.62, the price to book ratio is 2.03.
Transactions by insiders
Recent insider trading involved ASSAF FELDMAN, Officer, that happened on Dec 02 ’24 when 0.19 million shares were purchased. Officer, Kumaraswami Ravi completed a deal on Oct 08 ’24 to buy 94406.0 shares. Meanwhile, Officer Dotcheva Aglika bought 68887.0 shares on Oct 08 ’24.
