In the last trading session, 1.0 million Weave Communications Inc (NYSE:WEAV) shares changed hands as the company’s beta touched 2.15. With the company’s per share price at $9.01 changed hands at $0.68 or 8.16% during last session, the market valuation stood at $639.53M. WEAV’s last price was a discount, traded about -53.16% off its 52-week high of $13.80. The share price had its 52-week low at $5.17, which suggests the last value was 42.62% up since then. When we look at Weave Communications Inc’s average trading volume, we note the 3-month average coming to 457.62K.
Weave Communications Inc (NYSE:WEAV) trade information
Instantly WEAV was in green as seen at the end of in last trading. With action -15.72%, the performance over the past five days has been red. The jump to weekly highs of 11.31 added 8.16% to the stock’s daily price. The company’s shares are showing year-to-date downside of -21.45%, with the 5-day performance at -15.72% in the red. However, in the 30-day time frame, Weave Communications Inc (NYSE:WEAV) is -24.41% down.
Weave Communications Inc (WEAV) estimates and forecasts
Data shows that the Weave Communications Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 5.38% over the past 6 months, a 83.33% in annual growth rate that is considerably higher than the industry average of 30.10%. Year-over-year growth is forecast to reach 16.50% up from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 48.67M. 7 analysts are of the opinion that Weave Communications Inc’s revenue for the current quarter will be 50.36M.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 4.39%. The 2024 estimates are for Weave Communications Inc earnings to increase by 75.33%.
WEAV Dividends
Weave Communications Inc is expected to release its next quarterly earnings report in June.
