Enfusion Inc (NYSE: ENFN) is 6.02% higher on its value in year-to-date trading and has touched a low of $7.52 and a high of $11.38 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 ENFN stock was last observed hovering at around $10.81 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $10.92, the stock is 4.29% and 7.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.65 million and changing 1.02% at the moment leaves the stock 18.66% off its SMA200. ENFN registered 24.37% gain for a year compared to 6-month gain of 18.70%. The firm has a 50-day simple moving average (SMA 50) of $10.0746 and a 200-day simple moving average (SMA200) of $9.19415.
The stock witnessed a 3.41% loss in the last 1 month and extending the period to 3 months gives it a 22.83%, and is 7.48% 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 3.29% over the week and 4.21% over the month.
Enfusion Inc (ENFN) has around 1102 employees, a market worth around $1.41B and $195.16M in sales. Current P/E ratio is 416.79 and Fwd P/E is 38.02. Profit margin for the company is 1.71%. Distance from 52-week low is 45.21% and -4.00% from its 52-week high. The company has generated returns on investments over the last 12 months (3.92%).
The EPS is expected to grow by 62.17% this year
161.0 institutions hold shares in Enfusion Inc (ENFN), with institutional investors hold 102.02% of the company’s shares. The shares outstanding are 93.26M, and float is at 48.78M with Short Float at 1.14%. Institutions hold 96.42% of the Float.
The top institutional shareholder in the company is FTV MANAGEMENT COMPANY, L.P. with over 32.44 million shares valued at $276.39 million. The investor’s holdings represent 36.2427 of the ENFN Shares outstanding. As of 2024-06-30, the second largest holder is ICONIQ CAPITAL, LLC with 14.04 million shares valued at $119.62 million to account for 15.6851 of the shares outstanding. The other top investors are BROWN CAPITAL MANAGEMENT LLC which holds 8.57 million shares representing 9.5795 and valued at over $73.05 million, while HHLR ADVISORS, LTD. holds 5.5583 of the shares totaling 4.98 million with a market value of $42.39 million.
Enfusion Inc (ENFN) Insider Activity
The most recent transaction is an insider sale by Somers Deirdre, the company’s Director. SEC filings show that Somers Deirdre sold 1,637 shares of the company’s common stock on Jan 13 ’25 at a price of $10.53 per share for a total of $17238.0. Following the sale, the insider now owns 41675.0 shares.
Still, SEC filings show that on Jan 07 ’25, Movchan Oleg (Chief Executive Officer) disposed off 2,771 shares at an average price of $10.13 for $28070.0. The insider now directly holds 526,702 shares of Enfusion Inc (ENFN).
