During the last session, Marketwise Inc (NASDAQ:MKTW)’s traded shares were 0.71 million, with the beta value of the company hitting 0.43. The 52-week high for the MKTW share is $1.72, that puts it down -244.0 from that peak though still a striking 12.0% gain since the share price plummeted to a 52-week low of $0.44. The company’s market capitalization is $161.66M, and the average intraday trading volume over the past 10 days was 0.48 million shares, and the average trade volume was 655.38K shares over the past three months.
Marketwise Inc (MKTW) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.00. MKTW has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 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.
Marketwise Inc (NASDAQ:MKTW) trade information
Marketwise Inc (MKTW) registered a -0.22% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.22% in intraday trading to $0.50, hitting a weekly high. The stock’s 5-day price performance is -7.79%, and it has moved by -14.98% in 30 days. Based on these gigs, the overall price performance for the year is -69.80%. The short interest in Marketwise Inc (NASDAQ:MKTW) is 1.43 million shares and it means that shorts have 1.59 day(s) to cover.
The consensus price target of analysts on Wall Street is $3.5, which implies an increase of 85.71% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2 and $5 respectively. As a result, MKTW is trading at a discount of -900.0% off the target high and -300.0% off the low.
Marketwise Inc (MKTW) estimates and forecasts
In the rating firms’ projections, revenue will decrease -24.81% compared to the previous financial year.
MKTW Dividends
Marketwise Inc is due to release its next quarterly earnings on 2025-Feb-28. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Marketwise Inc is 0.04, with the dividend yield indicating at 7.75 percent, continuing the trend of increasing dividends in recent years.
Marketwise Inc (NASDAQ:MKTW)’s Major holders
Marketwise Inc insiders own 21.93% of total outstanding shares while institutional holders control 23.81%, with the float percentage being 30.50%. GREENHAVEN ROAD INVESTMENT MANAGEMENT, L.P. is the largest shareholder of the company, while 82.0 institutions own stock in it. As of 2024-06-30, the company held over 4.29 million shares (or 11.6901% of all shares), a total value of $4.98 million in shares.
The next largest institutional holding, with 2.18 million shares, is of BLACKROCK INC.’s that is approximately 5.949% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.53 million.
Also, the Mutual Funds coming in first place with the largest holdings of Marketwise Inc (MKTW) shares are iShares Trust-iShares Russell 2000 ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on Feb 28, 2025 indicates that iShares Trust-iShares Russell 2000 ETF owns about 1.12 shares. This amounts to just over 2.48 percent of the company’s overall shares, with a $0.56 million market value. The same data shows that the other fund manager holds slightly less at 816.13, or about 1.81% of the stock, which is worth about $0.41 million.
