Despegar.com Corp (NYSE:DESP) price on Friday, April 19, rose 2.92% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $11.65.
A look at the stock’s price movement, the close in the last trading session was $11.32. The PE ratio in trailing twelve months stood at 38833.33. Turning to its 52-week performance, $13.23 and $4.92 were the 52-week high and 52-week low respectively. Overall, DESP moved -1.27% over the past month.
Despegar.com Corp’s market cap currently stands at around $769.60 million.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that DESP is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
DESP’s current price about -3.12% and 13.02% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 52.28, while 7-day volatility ratio is 4.64% and 4.84% in the 30-day chart. Further, Despegar.com Corp (DESP) has a beta value of 2.05, and an average true range (ATR) of 0.55.
If we refocus on Despegar.com Corp (NYSE:DESP), historical trading data shows that trading volumes averaged 650.37K over the past 3 months. The company’s latest data on shares outstanding shows there are 66.06 million shares.
The 16.37% of Despegar.com Corp’s shares are in the hands of company insiders while institutional holders own 61.81% of the company’s shares. Current price change has pushed the stock 23.15% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DESP stock continues to rise going into the next quarter.
