Can DoubleVerify Holdings Inc’s (DV) hike of 6.33% in a week be considered a lucky break?

DoubleVerify Holdings Inc (NYSE: DV) on Tuesday, plunged -0.63% from the previous trading day, before settling in for the closing price of $20.63. Within the past 52 weeks, DV’s price has moved between $16.11 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 23.21%. With a float of $142.02 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. In terms of profitability, gross margin is 77.18%, operating margin of 12.74%, and the pretax margin is 14.59%.

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 16.05%, while institutional ownership is 85.68%. The most recent insider transaction that took place on Nov 21 ’24, was worth 749,318. In this transaction Director of this company sold 37,500 shares at a rate of $19.98, taking the stock ownership to the 132,197 shares. Before that another transaction happened on Nov 21 ’24, when Company’s Chief Financial Officer sold 2,274 for $20.01, making the entire transaction worth $45,513. This insider now owns 81,598 shares in total.

DoubleVerify Holdings Inc (DV) Latest Financial update

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.24 earnings per share (EPS) for the period topping the consensus outlook (set at 0.22) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 23.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.15% 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 6.57 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 5.43. Likewise, its price to free cash flow for the trailing twelve months is 23.14.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.38, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 1.02 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 1.49 million. That was inferior than the volume of 2.36 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 82.84%. Additionally, its Average True Range was 0.64.

During the past 100 days, DoubleVerify Holdings Inc’s (DV) raw stochastic average was set at 75.93%, which indicates a significant decrease from 86.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.21% in the past 14 days, which was lower than the 34.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.94, while its 200-day Moving Average is $23.12. However, in the short run, DoubleVerify Holdings Inc’s stock first resistance to watch stands at $20.77. Second resistance stands at $21.03. The third major resistance level sits at $21.38. If the price goes on to break the first support level at $20.16, it is likely to go to the next support level at $19.81. The third support level lies at $19.55 if the price breaches the second support level.

DoubleVerify Holdings Inc (NYSE: DV) Key Stats

Market capitalization of the company is 3.47 billion based on 169,165K outstanding shares. Right now, sales total 572,540 K and income totals 71,470 K. The company made 169,560 K in profit during its latest quarter, and 18,200 K in sales during its previous quarter.