DoubleVerify Holdings Inc (DV) average volume reaches $2.28M: Is Wall Street expecting a rally?

DoubleVerify Holdings Inc (NYSE: DV) kicked off on Tuesday, up 0.64% from the previous trading day, before settling in for the closing price of $20.34. Over the past 52 weeks, DV has traded in a range of $16.11-$43.00.

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During the last 5-year period, the sales growth of Technology Sector giant was 41.52%. While this was happening, its average annual earnings per share was recorded 23.21%. With a float of $142.04 million, this company’s outstanding shares have now reached $170.63 million.

Let’s determine the extent of company efficiency that accounts for 1101 employees. 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 Activity

Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of DoubleVerify Holdings Inc is 16.04%, while institutional ownership is 85.74%. 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) Earnings and Forecasts

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

Take a look at DoubleVerify Holdings Inc’s (DV) current performance indicators. Last quarter, stock had a quick ratio of 6.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.42. Likewise, its price to free cash flow for the trailing twelve months is 23.11.

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)

Looking closely at DoubleVerify Holdings Inc (NYSE: DV), its last 5-days average volume was 1.06 million, which is a drop from its year-to-date volume of 2.31 million. As of the previous 9 days, the stock’s Stochastic %D was 39.05%. Additionally, its Average True Range was 0.60.

During the past 100 days, DoubleVerify Holdings Inc’s (DV) raw stochastic average was set at 75.41%, which indicates a significant increase from 61.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.91% in the past 14 days, which was lower than the 34.81% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $18.55, while its 200-day Moving Average is $22.17. However, in the short run, DoubleVerify Holdings Inc’s stock first resistance to watch stands at $20.70. Second resistance stands at $20.94. The third major resistance level sits at $21.23. If the price goes on to break the first support level at $20.18, it is likely to go to the next support level at $19.89. Should the price break the second support level, the third support level stands at $19.65.

DoubleVerify Holdings Inc (NYSE: DV) Key Stats

The company with the Market Capitalisation of 3.46 billion has total of 169,165K Shares Outstanding. Its annual sales at the moment are 572,540 K in contrast with the sum of 71,470 K annual income. Company’s last quarter sales were recorded 169,560 K and last quarter income was 18,200 K.