A new trading day began on Friday, with Fiverr International Ltd (NYSE: FVRR) stock price down -1.15% from the previous day of trading, before settling in for the closing price of $22.64. FVRR’s price has ranged from $18.83 to $31.61 over the past 52 weeks.
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Annual sales at Communication Services sector company grew by 39.27% over the past five years. Meanwhile, its annual earnings per share averaged 16.44%. With a float of $29.84 million, this company’s outstanding shares have now reached $38.65 million.
Let’s look at the performance matrix of the company that is accounted for 775 employees. In terms of profitability, gross margin is 82.82%, operating margin of -2.8%, and the pretax margin is 4.66%.
Fiverr International Ltd (FVRR) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Content & Information Industry. The insider ownership of Fiverr International Ltd is 15.45%, while institutional ownership is 50.38%. The most recent insider transaction that took place on Jul 25 ’24, was worth 67,757.
Fiverr International Ltd (FVRR) Performance Highlights and Predictions
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.55 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.61 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.44% per share during the next fiscal year.
Fiverr International Ltd (NYSE: FVRR) Trading Performance Indicators
Here are Fiverr International Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.12. Likewise, its price to free cash flow for the trailing twelve months is 8.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.30, a number that is poised to hit 0.59 in the next quarter and is forecasted to reach 2.53 in one year’s time.
Technical Analysis of Fiverr International Ltd (FVRR)
Fiverr International Ltd (NYSE: FVRR) saw its 5-day average volume 0.54 million, a negative change from its year-to-date volume of 0.83 million. As of the previous 9 days, the stock’s Stochastic %D was 14.97%. Additionally, its Average True Range was 0.89.
During the past 100 days, Fiverr International Ltd’s (FVRR) raw stochastic average was set at 23.45%, which indicates a significant increase from 12.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.75% in the past 14 days, which was lower than the 55.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.61, while its 200-day Moving Average is $23.85. Nevertheless, the first resistance level for the watch stands at $22.80 in the near term. At $23.23, the stock is likely to face the second major resistance level. The third major resistance level sits at $23.68. If the price goes on to break the first support level at $21.93, it is likely to go to the next support level at $21.48. Assuming the price breaks the second support level, the third support level stands at $21.05.
Fiverr International Ltd (NYSE: FVRR) Key Stats
With a market capitalization of 789.79 million, the company has a total of 38,654K Shares Outstanding. Currently, annual sales are 361,380 K while annual income is 3,680 K. The company’s previous quarter sales were 94,660 K while its latest quarter income was 3,270 K.
