In the last trading session, 0.35 million shares of the Marketwise Inc (NASDAQ:MKTW) were traded, and its beta was 0.30. Most recently the company’s share price was $0.80, and it changed around $0.05 or 6.55% from the last close, which brings the market valuation of the company to $267.97M. MKTW currently trades at a discount to its 52-week high of $2.02, offering almost -152.5% off that amount. The share price’s 52-week low was $0.44, which indicates that the current value has risen by an impressive 45.0% since then.
Marketwise Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended MKTW as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Marketwise Inc is expected to report earnings per share of 0 for the current quarter.
Marketwise Inc (NASDAQ:MKTW) trade information
Instantly MKTW has showed a green trend with a performance of 6.55% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.8400 on recent trading dayincreased the stock’s daily price by 4.76%. The company’s shares are currently up 48.68% year-to-date, but still up 32.64% over the last five days. On the other hand, Marketwise Inc (NASDAQ:MKTW) is 44.92% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $3.5, which translates to bulls needing to increase their stock price by 77.14% from its current value. Analyst projections state that MKTW is forecast to be at a low of $2 and a high of $5.
MKTW Dividends
Marketwise Inc’s next quarterly earnings report is expected to be released in April. The annual dividend yield of the stock is 4.74 percent and its annual dividend per share was 0.04. It is important to note, however, that the 4.74% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Marketwise Inc (NASDAQ:MKTW)’s Major holders
BLACKROCK INC., with 5.949% or 2.18 million shares worth $2.53 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 1.18 shares worth $0.95 million, making up 2.65% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 816.13 shares worth around $0.66 million, which represents about 1.84% of the total shares outstanding.
