Similarweb Ltd (NYSE: SMWB) is 68.86% higher on its value in year-to-date trading and has touched a low of $4.58 and a high of $9.76 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SMWB stock was last observed hovering at around $8.99 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $9.00, the stock is -0.48% and 16.32% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 0.11% at the moment leaves the stock 41.02% off its SMA200. SMWB registered 38.67% gain for a year compared to 6-month gain of 67.29%. The firm has a 50-day simple moving average (SMA 50) of $3.23 and a 200-day simple moving average (SMA200) of -$37.96.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 7.91% loss in the last 1 month and extending the period to 3 months gives it a 69.49%, and is -0.88% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.12% over the week and 5.25% over the month.
Similarweb Ltd (SMWB) has around 899 employees, a market worth around $708.48M and $218.02M in sales. Fwd P/E is 45.46. Profit margin for the company is -13.47%. Distance from 52-week low is 96.51% and -7.79% from its 52-week high. The company has generated returns on investments over the last 12 months (-57.73%).
Similarweb Ltd quarterly earnings per share for the current quarter are estimated at $0.02 with sales reaching $58.96M over the same period.The EPS is expected to grow by 250.96% this year, but quarterly earnings will post 14.60% year-over-year. Quarterly sales are estimated to grow 11.80% in year-over-year returns.
70 institutions hold shares in Similarweb Ltd (SMWB), with institutional investors hold 73.78% of the company’s shares. The shares outstanding are 78.65M, and float is at 31.78M with Short Float at 0.52%. Institutions hold 57.95% of the Float.
The top institutional shareholder in the company is Viola Ventures V.c. Management 4 Ltd. with over 11.23 million shares valued at $73.67 million. The investor’s holdings represent 14.62% of the SMWB Shares outstanding. As of Jun 29, 2023, the second largest holder is Naspers Ltd. with 11.17 million shares valued at $73.3 million to account for 14.55% of the shares outstanding. The other top investors are ION Crossover Partners Ltd which holds 5.77 million shares representing 7.52% and valued at over $37.87 million, while Portolan Capital Management, LLC holds 3.50% of the shares totaling 2.68 million with a market value of $17.61 million.
