At the time of writing, FiscalNote Holdings Inc [NOTE] stock is trading at $1.37, up 9.60%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NOTE shares have gain 20.18% over the last week, with a monthly amount glided 42.71%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
FiscalNote Holdings Inc [NYSE: NOTE] stock has seen the most recent analyst activity on November 15, 2023, when BTIG Research downgraded its rating to a Neutral. Previously, B. Riley Securities started tracking the stock with Buy rating on July 26, 2023, and set its price target to $5. On June 21, 2023, ROTH MKM initiated with a Buy rating and assigned a price target of $4.75 on the stock. DA Davidson downgraded its rating to a Neutral. BTIG Research initiated its recommendation with a Buy and recommended $14 as its price target on August 30, 2022.
For the past year, the stock price of FiscalNote Holdings Inc fluctuated between $0.75 and $2.27. Currently, Wall Street analysts expect the stock to reach $7.25 within the next 12 months. FiscalNote Holdings Inc [NYSE: NOTE] shares were valued at $1.37 at the most recent close of the market. An investor can expect a potential return of 429.2% based on the average NOTE price forecast.
Analyzing the NOTE fundamentals
According to FiscalNote Holdings Inc [NYSE:NOTE], the company’s sales were 125.06M for trailing twelve months, which represents an -13.44% plunge. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at -0.33%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.31 and Total Capital is -0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.54.
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 1.2467 points at the first support level, and at 1.1233 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4767, and for the 2nd resistance point, it is at 1.5833.
Ratios To Look Out For
It is important to note that FiscalNote Holdings Inc [NYSE:NOTE] has a current ratio of 0.77. As well, the Quick Ratio is 0.77, while the Cash Ratio is 0.38. Considering the valuation of this stock, the price to sales ratio is 1.91, the price to book ratio is 1.96.
Transactions by insiders
Recent insider trading involved Hwang Tim, Director, that happened on Jan 02 ’25 when 59149.0 shares were sold. President and CEO, Resnik Josh completed a deal on Dec 31 ’24 to sell 3411.0 shares. Meanwhile, Officer Hwang Tim bought 34149.0 shares on Jan 03 ’25.
