Udemy Inc (NASDAQ: UDMY) is -43.79% lower on its value in year-to-date trading and has touched a low of $7.91 and a high of $16.01 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UDMY stock was last observed hovering at around $8.12 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $8.28, the stock is -0.90% and -8.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.97 million and changing 1.97% at the moment leaves the stock -26.51% off its SMA200. UDMY registered -25.61% loss for a year compared to 6-month loss of -36.75%.
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The stock witnessed a -5.37% gain in the last 1 month and extending the period to 3 months gives it a -18.98%, and is -4.17% 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 4.07% over the week and 3.33% over the month.
Udemy Inc (UDMY) has around 1443 employees, a market worth around $1.27B and $749.35M in sales. Fwd P/E is 32.53. Profit margin for the company is -10.82%. Distance from 52-week low is 4.61% and -48.28% from its 52-week high. The company has generated returns on investments over the last 12 months (-27.26%).
The EPS is expected to grow by 615.76% this year
The shares outstanding are 157.17M, and float is at 73.92M with Short Float at 8.51%.
Udemy Inc (UDMY) Insider Activity
The most recent transaction is an insider sale by Venugopal Venu, the company’s Chief Technology Officer. SEC filings show that Venugopal Venu sold 1,000 shares of the company’s common stock on Jul 01 ’24 at a price of $8.60 per share for a total of $8600.0. Following the sale, the insider now owns 0.42 million shares.
Udemy Inc disclosed in a document filed with the SEC on Jun 28 ’24 that Brown Gregory Scott (President and CEO) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Jun 28 ’24 and was made at $8.50 per share for $85000.0. Following the transaction, the insider now directly holds 1.27 million shares of the UDMY stock.
Still, SEC filings show that on Jun 17 ’24, Venugopal Venu (Chief Technology Officer) disposed off 1,000 shares at an average price of $8.31 for $8310.0. The insider now directly holds 422,269 shares of Udemy Inc (UDMY).
