Fiverr International Ltd [NYSE: FVRR] closed the trading session at $32.02.
The stocks have a year to date performance of 0.91 percent and weekly performance of 0.91 percent. The stock has been moved at 43.52 percent over the last six months. The stock has performed -9.42 percent around the most recent 30 days and changed 35.56 percent over the most recent 3-months.
If compared to the average trading volume of 776.43K shares, FVRR reached to a volume of 446744 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Fiverr International Ltd [FVRR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FVRR shares is $35.70 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FVRR stock is a recommendation set at 1.91. 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.
BTIG Research have made an estimate for Fiverr International Ltd shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 04, 2024. While these analysts kept the previous recommendation, UBS dropped their target price from $37 to $25. The new note on the price target was released on July 02, 2024, representing the official price target for Fiverr International Ltd stock. Previously, the target price had yet another drop from $30 to $25, while Piper Sandler kept a Neutral rating on FVRR stock.
The Average True Range (ATR) for Fiverr International Ltd is set at 1.41, with the Price to Sales ratio for FVRR stock in the period of the last 12 months amounting to 2.98. The Price to Book ratio for the last quarter was 3.48, with the Price to Cash per share for the same quarter was set at 14.20. Price to Free Cash Flow for FVRR in the course of the last twelve months was 14.46 with Quick ratio for the last quarter at 2.99.
FVRR stock trade performance evaluation
Fiverr International Ltd [FVRR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.91. With this latest performance, FVRR shares dropped by -9.42% in over the last four-week period, additionally plugging by 43.52% over the last 6 months – not to mention a rise of 15.60% 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 FVRR stock in for the last two-week period is set at 47.53, with the RSI for the last a single of trading hit 44.04, and the three-weeks RSI is set at 50.51 for Fiverr International Ltd [FVRR]. The present Moving Average for the last 50 days of trading for this stock 31.67, while it was recorded at 32.91 for the last single week of trading, and 25.37 for the last 200 days.
Fiverr International Ltd [FVRR]: An insightful look at the core fundamentals
Fiverr International Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.99 and a Current Ratio set at 2.99.
Fiverr International Ltd [FVRR]: Institutional Ownership
The top three institutional holders of FVRR stocks are: CAPITAL INTERNATIONAL INVESTORS with ownership of 1.52 million shares, which is approximately 3.9193%. WELLINGTON MANAGEMENT GROUP LLP, holding 1.35 million shares of the stock with an approximate value of $$31.68 million in FVRR stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $$25.36 million in FVRR stock with ownership which is approximately 2.7924%.
