DoubleVerify Holdings Inc (DV) 20 Days SMA touches 2.48%: The odds favor the bear

On Monday, DoubleVerify Holdings Inc (NYSE: DV) was 2.04% up from the session before settling in for the closing price of $17.17. A 52-week range for DV has been $16.11 – $43.00.

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During the last 5-year period, the sales growth of Technology Sector giant was 41.52%. When this article was written, the company’s average yearly earnings per share was at 15.22%. With a float of $142.76 million, this company’s outstanding shares have now reached $171.15 million.

Let’s determine the extent of company efficiency that accounts for 1101 employees. In terms of profitability, gross margin is 76.72%, operating margin of 12.05%, and the pretax margin is 13.57%.

DoubleVerify Holdings Inc (DV) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward DoubleVerify Holdings Inc stocks. The insider ownership of DoubleVerify Holdings Inc is 16.04%, while institutional ownership is 86.08%. The most recent insider transaction that took place on Oct 22 ’24, was worth 30,430. In this transaction Chief Financial Officer of this company sold 1,764 shares at a rate of $17.25, taking the stock ownership to the 81,598 shares. Before that another transaction happened on Oct 23 ’24, when Company’s Chief Financial Officer sold 1,764 for $16.41, making the entire transaction worth $28,951. This insider now owns 81,598 shares in total.

DoubleVerify Holdings Inc (DV) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.08 earnings per share (EPS) during the time that was better than consensus figure (set at 0.06) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 15.22% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.00% 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

You can see what DoubleVerify Holdings Inc (DV) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 7.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.90. Likewise, its price to free cash flow for the trailing twelve months is 22.67.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.35, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 0.98 in one year’s time.

Technical Analysis of DoubleVerify Holdings Inc (DV)

Looking closely at DoubleVerify Holdings Inc (NYSE: DV), its last 5-days average volume was 2.1 million, which is a drop from its year-to-date volume of 2.35 million. As of the previous 9 days, the stock’s Stochastic %D was 62.77%. Additionally, its Average True Range was 0.54.

During the past 100 days, DoubleVerify Holdings Inc’s (DV) raw stochastic average was set at 24.33%, which indicates a significant decrease from 77.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.63% in the past 14 days, which was higher than the 30.97% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.55, while its 200-day Moving Average is $24.82. However, in the short run, DoubleVerify Holdings Inc’s stock first resistance to watch stands at $17.82. Second resistance stands at $18.12. The third major resistance level sits at $18.47. If the price goes on to break the first support level at $17.17, it is likely to go to the next support level at $16.82. Should the price break the second support level, the third support level stands at $16.52.

DoubleVerify Holdings Inc (NYSE: DV) Key Stats

There are 170,045K outstanding shares of the company, which has a market capitalization of 3.00 billion. As of now, sales total 572,540 K while income totals 71,470 K. Its latest quarter income was 155,890 K while its last quarter net income were 7,470 K.