At the time of writing, Marketwise Inc [MKTW] stock is trading at $0.64, up 25.60%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MKTW shares have gain 19.77% over the last week, with a monthly amount glided 25.62%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Marketwise Inc [NASDAQ: MKTW] stock has seen the most recent analyst activity on December 01, 2023, when UBS downgraded its rating to a Neutral and also boosted its price target to $3.50 from $3. Previously, Raymond James downgraded its rating to Mkt Perform on March 25, 2022. On March 11, 2022, downgrade downgraded it’s rating to Neutral and revised its price target to $6 on the stock.
For the past year, the stock price of Marketwise Inc fluctuated between $0.46 and $2.71. Currently, Wall Street analysts expect the stock to reach $3.5 within the next 12 months. Marketwise Inc [NASDAQ: MKTW] shares were valued at $0.64 at the most recent close of the market. An investor can expect a potential return of 446.88% based on the average MKTW price forecast.
Analyzing the MKTW fundamentals
According to Marketwise Inc [NASDAQ:MKTW], the company’s sales were 423.38M for trailing twelve months, which represents an -8.44% plunge. Gross Profit Margin for this corporation currently stands at 0.87% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is -0.36 and Total Capital is -12.63. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.02.
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 0.5565 points at the first support level, and at 0.4752 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.6786, and for the 2nd resistance point, it is at 0.7194.
Ratios To Look Out For
It is important to note that Marketwise Inc [NASDAQ:MKTW] has a current ratio of 0.38. Also, the Quick Ratio is 0.38, while the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 0.49 and price to earnings (TTM) ratio is 4.94.
Transactions by insiders
Recent insider trading involved Tongue Glenn H, Director, that happened on Sep 17 ’24 when 10764.0 shares were purchased. Director, Tongue Glenn H completed a deal on Sep 18 ’24 to buy 5000.0 shares. Meanwhile, 10% Owner Greenhaven Road Investment Man sold 0.1 million shares on May 17 ’24.
