What Are Vimeo Inc’s Short-Term Prospects?

Vimeo Inc (NASDAQ:VMEO) price closed lower on Monday, April 15, dropping -2.49% below its previous close.

A look at the daily price movement shows that the last close reads $3.61. The company’s P/E ratio in the trailing 12-month period read 27.12. Taking into account the 52-week price action we note that the stock hit a 52-week high of $5.77 and 52-week low of $3.02. The stock subtracted -34.21% on its value in the past month.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give VMEO a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 50% Sell.

The overview shows that VMEO’s price is at present -19.21% off the SMA20 and -19.60% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 32.35, with weekly volatility standing at 5.44%. The indicator jumps to 7.56% when calculated based on the past 30 days. Vimeo Inc (NASDAQ:VMEO)’s beta value is holding at 2.04, while the average true range (ATR) indicator is currently reading 0.27.

An analysis of the Vimeo Inc (NASDAQ:VMEO) stock in terms of its daily trading volume indicates that the 3-month average is 3.34 million.

Current records show that the company has 157.93M in outstanding shares. The insiders’ percentage holdings are 14.28% of outstanding shares while the percentage share held by institutions stands at 82.67%. But the -10.20% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.

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