DoubleVerify Holdings Inc (NYSE:DV) price on Wednesday, May 09, fall -38.57% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $18.78.
A look at the stock’s price movement, the close in the last trading session was $30.57. The PE ratio in trailing twelve months stood at 49.30. Turning to its 52-week performance, $43.00 and $26.23 were the 52-week high and 52-week low respectively. Overall, DV moved -43.57% over the past month.
DoubleVerify Holdings Inc’s market cap currently stands at around $3.22 billion.
Analysts have a consensus estimate of 140.78M for the company’s revenue for the quarter, with a low and high estimate of 136.47M and 140.21M respectively. The average forecast suggests up to a 14.80% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 696.11M, representing a 21.60% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DV is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
The technical evaluation for the stock shows the PEG ratio is 2.54, with DV’s current price about -38.67% and -41.65% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 16.29, while 7-day volatility ratio is 3.59% and 3.05% in the 30-day chart. Further, DoubleVerify Holdings Inc (DV) has a beta value of 1.11, and an average true range (ATR) of 1.81.
If we refocus on DoubleVerify Holdings Inc (NYSE:DV), historical trading data shows that trading volumes averaged 2.03 million over the past 3 months. The company’s latest data on shares outstanding shows there are 171.15 million shares.
The 18.91% of DoubleVerify Holdings Inc’s shares are in the hands of company insiders while institutional holders own 87.07% of the company’s shares. Current price change has pushed the stock -48.94% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DV stock continues to rise going into the next quarter.
