ContextLogic Inc (NASDAQ: LOGC) Has Been Rising 3.13% Year-To-Date. Troubles Yet To Come?

During the last session, ContextLogic Inc (NASDAQ:LOGC)’s traded shares were 0.53 million, with the beta value of the company hitting 2.00. At the end of the trading day, the stock’s price was $7.25, reflecting an intraday loss of -3.78% or -$0.28. The 52-week high for the LOGC share is $9.34, that puts it down -28.83 from that peak though still a striking 35.45% gain since the share price plummeted to a 52-week low of $4.68. The company’s market capitalization is $190.57M, and the average trade volume was 261.57K shares over the past three months.

ContextLogic Inc (LOGC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.00. LOGC has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.04.

ContextLogic Inc (NASDAQ:LOGC) trade information

ContextLogic Inc (LOGC) registered a -3.78% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.78% in intraday trading to $7.25, hitting a weekly high. The stock’s 5-day price performance is -11.48%, and it has moved by -8.23% in 30 days. Based on these gigs, the overall price performance for the year is 14.17%.

ContextLogic Inc (LOGC) estimates and forecasts

In the rating firms’ projections, revenue will decrease -85.02% compared to the previous financial year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -4.67%. While earnings are projected to return 77.29% in 2025.

LOGC Dividends

ContextLogic Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Also, the Mutual Funds coming in first place with the largest holdings of ContextLogic Inc (LOGC) shares are Vanguard Total Stock Market Index Fund and Schwab Strategic Tr-Schwab Fundamental U.S. Small Company Index ETF . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 647.24 shares. This amounts to just over 2.46 percent of the company’s overall shares, with a $4.69 million market value. The same data shows that the other fund manager holds slightly less at 457.62, or about 1.74% of the stock, which is worth about $3.32 million.