In last trading session, Marketwise Inc (NASDAQ:MKTW) saw 0.47 million shares changing hands with its beta currently measuring 0.43. Company’s recent per share price level of $0.50 trading at -$0.01 or -2.74% at ring of the bell on the day assigns it a market valuation of $162.16M. That closing price of MKTW’s stock is at a discount of -534.0% from its 52-week high price of $3.17 and is indicating a premium of 6.0% from its 52-week low price of $0.47. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.25 million shares which gives us an average trading volume of 591.98K 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 in the current quarter.
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Marketwise Inc (NASDAQ:MKTW) trade information
Upright in the red during last session for losing -2.74%, in the last five days MKTW remained trading in the red while hitting it’s week-highest on Friday, 12/20/24 when the stock touched $0.50 price level, adding 9.83% to its value on the day. Marketwise Inc’s shares saw a change of -81.68% in year-to-date performance and have moved -1.36% in past 5-day. Marketwise Inc (NASDAQ:MKTW) showed a performance of -7.36% in past 30-days. Number of shares sold short was 1.16 million shares which calculate 2.24 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 85.71% to its current value. 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 -300.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -300.0% for stock’s current value.
Marketwise Inc (MKTW) estimates and forecasts
This year revenue growth is estimated to fall -13.30% 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 77.36M for the same.
Marketwise Inc (NASDAQ:MKTW)’s Major holders
Insiders are in possession of 34.76% of company’s total shares while institution are holding 31.13 percent of that, with stock having share float percentage of 47.72%. Investors also watch the number of corporate investors in a company very closely, which is 31.13% 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.
