Clarivate Plc (NYSE:CLVT) shares, rose in value, with the stock price down by -1.15% to the previous day’s close as strong demand from buyers drove the stock to $3.44.
Actively observing the price movement in the recent trading, the stock is buoying the session at $3.48, falling within a range of $3.42 and $3.485. The value of beta (5-year monthly) is 1.486. Referring to stock’s 52-week performance, its high was $7.30, and the low was $3.04. On the whole, CLVT has fluctuated by -21.64% over the past month.
With the market capitalization of Clarivate Plc currently standing at about $2.37 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-18.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.35B, with a low estimate of 561M and a high estimate of 584M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 574.03M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CLVT’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of CLVT currently trading nearly -6.65% and -17.52% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.97, while the 7-day volatility ratio is showing 7.75% which for the 30-day chart, stands at 7.04%. Furthermore, Clarivate Plc (CLVT)’s beta value is 1.51, and its average true range (ATR) is 0.25.
A comparison of Clarivate Plc (CLVT) with its peers suggests the former has fared considerably weaker in the market. CLVT showed an intraday change of -1.15% in today’s session so far, and over the past year, it shrunk by -49.34%%.
Data on historical trading for Clarivate Plc (NYSE:CLVT) indicates that the trading volumes over the past 10 days have averaged 8.03 and over the past 3 months, they’ve averaged 6.46 million. According to company’s latest data on outstanding shares, there are 691.40 million shares outstanding.
Nearly 43.26% of Clarivate Plc’s shares belong to company insiders and institutional investors own 65.59% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 42.49 million shares as on 2025-03-31, resulting in a short ratio of 7.34. According to the data, the short interest in Clarivate Plc (CLVT) stood at 929.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 41.03 million. The stock has fallen by -32.28% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CLVT stock heading into the next quarter.
