In recent trading session, Marketwise Inc (NASDAQ:MKTW) saw 0.77 million shares changing hands at last check today with its beta currently measuring 0.50. Company’s recent per share price level of $0.61 trading at -$0.01 or -1.89% at last check today assigns it a market valuation of $192.20M. That most recent trading price of MKTW’s stock is at a discount of -493.44% from its 52-week high price of $3.62 and is indicating a premium of 13.11% from its 52-week low price of $0.53. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.31 million shares which gives us an average trading volume of 459.19K if we extend that period to 3-months.
For Marketwise Inc (MKTW), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.03 in the current quarter.
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Marketwise Inc (NASDAQ:MKTW) trade information
Upright in the red during last session for losing -1.89%, in the last five days MKTW remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $0.61 price level, adding 12.05% to its value on the day. Marketwise Inc’s shares saw a change of -77.72% in year-to-date performance and have moved 4.88% in past 5-day. Marketwise Inc (NASDAQ:MKTW) showed a performance of 10.88% in past 30-days. Number of shares sold short was 0.32 million shares which calculate 1.1 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 3.5 to the stock, which implies a rise of 82.57% to its recent value today. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would drop -227.87% in reaching the projected high whereas dropping to the targeted low would mean a loss of -227.87% for stock’s current value.
Marketwise Inc (MKTW) estimates and forecasts
This year revenue growth is estimated to fall -14.60% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 82.1M for the same. And 1 analysts are in estimates of company making revenue of 86.72M in the next quarter. Company posted 106.15M and 112.16M of sales in current and next quarters respectively a year earlier.
Marketwise Inc (NASDAQ:MKTW)’s Major holders
Insiders are in possession of 35.89% of company’s total shares while institution are holding 31.37 percent of that, with stock having share float percentage of 48.94%. Investors also watch the number of corporate investors in a company very closely, which is 31.37% institutions for Marketwise Inc that are currently holding shares of the company. GREENHAVEN ROAD INVESTMENT MANAGEMENT, L.P. is the top institutional holder at MKTW for having 4.29 million shares of worth $4.98 million. And as of 2024-06-30, it was holding 11.6901 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 2.18 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.949 of outstanding shares, having a total worth of $2.53 million.
