Fiverr International Ltd (NYSE: FVRR) is -11.65% lower on its value in year-to-date trading and has touched a low of $18.83 and a high of $31.61 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 FVRR stock was last observed hovering at around $24.50 in the last trading session, with the day’s loss setting it -0.45%.
Currently trading at $24.05, the stock is -4.00% and -2.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.69 million and changing -1.84% at the moment leaves the stock -0.23% off its SMA200. FVRR registered -0.46% loss for a year compared to 6-month gain of 19.95%. The firm has a 50-day simple moving average (SMA 50) of $24.6038 and a 200-day simple moving average (SMA200) of $24.0848.
The stock witnessed a 1.39% loss in the last 1 month and extending the period to 3 months gives it a 2.56%, and is -5.17% 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 4.62% over the week and 3.63% over the month.
Fiverr International Ltd (FVRR) has around 775 employees, a market worth around $848.72M and $372.22M in sales. Current P/E ratio is 81.00 and Fwd P/E is 9.44. Profit margin for the company is 3.17%. Distance from 52-week low is 27.72% and -23.92% from its 52-week high. The company has generated returns on investments over the last 12 months (1.51%).
The EPS is expected to grow by 16.44% this year
The shares outstanding are 38.65M, and float is at 29.84M with Short Float at 17.46%.
The top institutional shareholder in the company is CAPITAL INTERNATIONAL INVESTORS with over 1.52 million shares valued at $35.59 million. The investor’s holdings represent 3.9193 of the FVRR Shares outstanding. As of 2024-06-30, the second largest holder is WELLINGTON MANAGEMENT GROUP LLP with 1.35 million shares valued at $31.68 million to account for 3.4883 of the shares outstanding. The other top investors are AVORY & COMPANY, LLC which holds 1.08 million shares representing 2.7924 and valued at over $25.36 million, while BLACKROCK INC. holds 2.1833 of the shares totaling 0.85 million with a market value of $19.83 million.
