The key reasons why DoubleVerify Holdings Inc (DV) is -22.37% away from 52-week high?

DoubleVerify Holdings Inc (NYSE: DV) started the day on Wednesday, with a price decrease of -0.51% at $33.38, before settling in for the price of $33.55 at the close. Taking a more long-term approach, DV posted a 52-week range of $26.23-$43.00.

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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 41.52%. Meanwhile, its Annual Earning per share during the time was 82.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -0.11%. This publicly-traded company’s shares outstanding now amounts to $171.15 million, simultaneously with a float of $138.67 million. The organization now has a market capitalization sitting at $5.72 billion. At the time of writing, stock’s 50-day Moving Average stood at $37.14, while the 200-day Moving Average is $34.33.

DoubleVerify Holdings Inc (DV) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Application Industry. DoubleVerify Holdings Inc’s current insider ownership accounts for 19.03%, in contrast to 83.98% institutional ownership. According to the most recent insider trade that took place on Mar 26 ’24, this organization’s Chief Financial Officer sold 5,292 shares at the rate of 33.45, making the entire transaction reach 177,044 in total value, affecting insider ownership by 73,030. Preceding that transaction, on Mar 25 ’24, Company’s Chief Financial Officer sold 5,292 for 33.55, making the whole transaction’s value amount to 177,532. This particular insider is now the holder of 73,030 in total.

DoubleVerify Holdings Inc (DV) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported $0.19 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.14) by $0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.

DoubleVerify Holdings Inc’s EPS decrease for this current 12-month fiscal period is -0.11% and is forecasted to reach 0.95 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 19.40% through the next 5 years, which can be compared against the 82.60% growth it accomplished over the previous five years trading on the market.

DoubleVerify Holdings Inc (NYSE: DV) Trading Performance Indicators

Let’s observe the current performance indicators for DoubleVerify Holdings Inc (DV). It’s Quick Ratio in the last reported quarter now stands at 6.36. The Stock has managed to achieve an average true range (ATR) of 1.24. Alongside those numbers, its PE Ratio stands at $81.18, and its Beta score is 1.05. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.98. Similarly, its price to free cash flow for trailing twelve months is now 55.64.

In the same vein, DV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.41, a figure that is expected to reach 0.12 in the next quarter, and analysts are predicting that it will be 0.95 at the market close of one year from today.

Technical Analysis of DoubleVerify Holdings Inc (DV)

If we take a close look at the recent performances of DoubleVerify Holdings Inc (NYSE: DV), its last 5-days Average volume was 2.14 million that shows progress from its year to date volume of 1.88 million. During the previous 9 days, stock’s Stochastic %D was recorded 32.02% While, its Average True Range was 1.18.

Raw Stochastic average of DoubleVerify Holdings Inc (DV) in the period of the previous 100 days is set at 33.74%, which indicates a major rise in contrast to 28.66% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 34.65% that was lower than 50.09% volatility it exhibited in the past 100-days period.