DoubleVerify Holdings Inc. (NYSE: DV) on January 24, 2023, started off the session at the price of $23.96, soaring 1.89% from the previous trading day. During the day, the shares moved up to $25.13 and dropped to $23.96 before settling in for the closing price of $24.28. Within the past 52 weeks, DV’s price has moved between $17.22 and $32.43.
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The company achieved an average annual earnings per share of 38.90%. With a float of $163.75 million, this company’s outstanding shares have now reached $164.30 million.
Let’s look at the performance matrix of the company that is accounted for 316 employees. In terms of profitability, gross margin is +74.55, operating margin of +15.95, and the pretax margin is +7.76.
DoubleVerify Holdings Inc. (DV) Insider Updates
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The most recent insider transaction that took place on Jan 17, was worth 37,264. In this transaction Chief Financial Officer of this company sold 1,607 shares at a rate of $23.19, taking the stock ownership to the 54,092 shares. Before that another transaction happened on Jan 13, when Company’s Chief Financial Officer sold 1,607 for $23.75, making the entire transaction worth $38,167. This insider now owns 54,092 shares in total.
DoubleVerify Holdings Inc. (DV) Performance Highlights and Predictions
As on 6/29/2022, Multinational firm has announced its last quarter scores, in which it reported $0.06 earnings per share (EPS) for the period topping the consensus outlook (set at $0.04) by $0.02. This company achieved a net margin of +8.81 while generating a return on equity of 4.82. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 38.90% per share during the next fiscal year.
DoubleVerify Holdings Inc. (NYSE: DV) Trading Performance Indicators
DoubleVerify Holdings Inc. (DV) is currently performing well based on its current performance indicators. A quick ratio of 7.00 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.36. Likewise, its price to free cash flow for the trailing twelve months is 77.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.30, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.37 in one year’s time.
Technical Analysis of DoubleVerify Holdings Inc. (DV)
DoubleVerify Holdings Inc. (NYSE: DV) saw its 5-day average volume 0.6 million, a negative change from its year-to-date volume of 0.88 million. As of the previous 9 days, the stock’s Stochastic %D was 54.02%. Additionally, its Average True Range was 1.05.
During the past 100 days, DoubleVerify Holdings Inc.’s (DV) raw stochastic average was set at 36.18%, which indicates a significant decrease from 84.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.37% in the past 14 days, which was lower than the 50.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.31, while its 200-day Moving Average is $24.67. Nevertheless, the first resistance level for the watch stands at $25.26 in the near term. At $25.78, the stock is likely to face the second major resistance level. The third major resistance level sits at $26.43. If the price goes on to break the first support level at $24.09, it is likely to go to the next support level at $23.44. Assuming the price breaks the second support level, the third support level stands at $22.92.
DoubleVerify Holdings Inc. (NYSE: DV) Key Stats
Market capitalization of the company is 3.97 billion based on 164,875K outstanding shares. Right now, sales total 332,740 K and income totals 29,310 K. The company made 112,250 K in profit during its latest quarter, and 10,330 K in sales during its previous quarter.