DoubleVerify Holdings Inc [NYSE: DV] slipped around -0.66 points on Wednesday, while shares priced at $19.71 at the close of the session, down -3.24%.
Compared to the average trading volume of 3.03M shares, DV reached a trading volume of 3798773 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about DoubleVerify Holdings Inc [DV]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DV shares is $28.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DV stock is a recommendation set at 1.71. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for DoubleVerify Holdings Inc shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on June 25, 2024. While these analysts kept the previous recommendation, BofA Securities dropped their target price from $45 to $18. The new note on the price target was released on May 09, 2024, representing the official price target for DoubleVerify Holdings Inc stock.
The Average True Range (ATR) for DoubleVerify Holdings Inc is set at 0.58, with the Price to Sales ratio for DV stock in the period of the last 12 months amounting to 5.73. The Price to Book ratio for the last quarter was 3.09, with the Price to Cash per share for the same quarter was set at 1.95. Price to Free Cash Flow for DV in the course of the last twelve months was 30.56 with Quick ratio for the last quarter at 7.30.
How has DV stock performed recently?
DoubleVerify Holdings Inc [DV] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.55. With this latest performance, DV shares gained by 3.46% in over the last four-week period, additionally sinking by -50.96% over the last 6 months – not to mention a drop of -51.18% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DV stock in for the last two-week period is set at 47.08, with the RSI for the last a single of trading hit 45.87, and the three-weeks RSI is set at 44.39 for DoubleVerify Holdings Inc [DV]. The present Moving Average for the last 50 days of trading for this stock 19.19, while it was recorded at 19.99 for the last single week of trading, and 29.92 for the last 200 days.
DoubleVerify Holdings Inc [DV]: Deeper insight into the fundamentals
DoubleVerify Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 7.30 and a Current Ratio set at 7.30.
Earnings analysis for DoubleVerify Holdings Inc [DV]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DV. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for DoubleVerify Holdings Inc go to 21.00%.
Insider trade positions for DoubleVerify Holdings Inc [DV]
The top three institutional holders of DV stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in DV stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in DV stock with ownership which is approximately 5.1238%.
