Similarweb Ltd (NYSE: SMWB) is 134.52% higher on its value in year-to-date trading and has touched a low of $4.58 and a high of $12.31 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 $12.23 in the last trading session, with the day’s gains setting it 0.27%.
Currently trading at $12.50, the stock is 22.88% and 34.51% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.81 million and changing 2.21% at the moment leaves the stock 50.90% off its SMA200. SMWB registered 146.06% gain for a year compared to 6-month gain of 58.83%. The firm has a 50-day simple moving average (SMA 50) of $9.2346 and a 200-day simple moving average (SMA200) of $8.255.
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 43.18% loss in the last 1 month and extending the period to 3 months gives it a 43.68%, and is 5.49% up 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 4.22% over the week and 4.31% over the month.
Similarweb Ltd (SMWB) has around 899 employees, a market worth around $1.06B and $241.08M in sales. Fwd P/E is 44.28. Profit margin for the company is -3.92%. Distance from 52-week low is 172.93% and 1.54% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.08%).
The EPS is expected to grow by 433.78% this year
The shares outstanding are 78.65M, and float is at 43.86M with Short Float at 0.61%.
The top institutional shareholder in the company is NASPERS LTD with over 11.17 million shares valued at $86.82 million. The investor’s holdings represent 14.0789 of the SMWB Shares outstanding. As of 2024-06-30, the second largest holder is PHOENIX HOLDINGS LTD. with 2.9 million shares valued at $22.54 million to account for 3.6547 of the shares outstanding. The other top investors are ULYSSES MANAGEMENT LLC which holds 2.28 million shares representing 2.877 and valued at over $17.74 million, while MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD. holds 2.4774 of the shares totaling 1.97 million with a market value of $15.28 million.
Similarweb Ltd (SMWB) Insider Activity
Still, SEC filings show that on Nov 18 ’24, Seror Benjamin (Officer) Proposed Sale 50,000 shares at an average price of $11.51 for $0.58 million. The insider now directly holds shares of Similarweb Ltd (SMWB).
