DoubleVerify Holdings Inc (DV) recent activity suggests a positive outlook with the last week’s performance of -6.21%

DoubleVerify Holdings Inc (NYSE: DV) on Monday, plunged -4.82% from the previous trading day, before settling in for the closing price of $32.36. Within the past 52 weeks, DV’s price has moved between $26.23 and $43.00.

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A company in the Technology sector has jumped its sales by 41.52% annually for the last half of the decade. The company achieved an average annual earnings per share of -0.22%. With a float of $138.90 million, this company’s outstanding shares have now reached $171.15 million.

In an organization with 1101 employees, it is important to assess its efficiency.

DoubleVerify Holdings Inc (DV) Insider and Institutional Ownership

Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of DoubleVerify Holdings Inc is 18.89%, while institutional ownership is 86.11%. The most recent insider transaction that took place on Apr 12 ’24, was worth 172,140. In this transaction Chief Financial Officer of this company sold 5,292 shares at a rate of $32.53, taking the stock ownership to the 73,030 shares. Before that another transaction happened on Apr 11 ’24, when Company’s Chief Financial Officer sold 5,292 for $33.38, making the entire transaction worth $176,665. This insider now owns 73,030 shares in total.

DoubleVerify Holdings Inc (DV) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 271.28 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -0.22% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.40% during the next five years compared to 82.60% growth over the previous five years of trading.

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 6.36 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 9.21. Likewise, its price to free cash flow for the trailing twelve months is 51.34.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.41, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.95 in one year’s time.

Technical Analysis of DoubleVerify Holdings Inc (DV)

Let’s dig in a bit further. During the last 5-days, its volume was 1.26 million. That was inferior than the volume of 1.82 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 8.77%. Additionally, its Average True Range was 1.13.

During the past 100 days, DoubleVerify Holdings Inc’s (DV) raw stochastic average was set at 11.50%, which indicates a significant increase from 0.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.09% in the past 14 days, which was lower than the 50.02% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $35.87, while its 200-day Moving Average is $34.13. However, in the short run, DoubleVerify Holdings Inc’s stock first resistance to watch stands at $31.90. Second resistance stands at $33.00. The third major resistance level sits at $33.56. If the price goes on to break the first support level at $30.24, it is likely to go to the next support level at $29.68. The third support level lies at $28.58 if the price breaches the second support level.

DoubleVerify Holdings Inc (NYSE: DV) Key Stats

Market capitalization of the company is 5.27 billion based on 171,714K outstanding shares. Right now, sales total 572,540 K and income totals 71,470 K. The company made 172,230 K in profit during its latest quarter, and 33,110 K in sales during its previous quarter.