Fiverr International Ltd (NYSE: FVRR) is 7.53% higher on its value in year-to-date trading and has touched a low of $18.83 and a high of $36.11 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 FVRR stock was last observed hovering at around $32.70 in the last trading session, with the day’s gains setting it 1.42%.
Currently trading at $34.12, the stock is 4.94% and 6.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing 4.34% at the moment leaves the stock 33.01% off its SMA200. FVRR registered 35.61% gain for a year compared to 6-month gain of 40.01%. The firm has a 50-day simple moving average (SMA 50) of $32.0622 and a 200-day simple moving average (SMA200) of $25.585.
The stock witnessed a 0.15% loss in the last 1 month and extending the period to 3 months gives it a 45.13%, and is 6.56% 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 4.75% over the week and 4.14% over the month.
Fiverr International Ltd (FVRR) has around 775 employees, a market worth around $1.20B and $379.32M in sales. Current P/E ratio is 130.63 and Fwd P/E is 12.77. Profit margin for the company is 2.67%. Distance from 52-week low is 81.20% and -5.51% from its 52-week high. The company has generated returns on investments over the last 12 months (1.29%).
The EPS is expected to grow by 22.47% this year
The shares outstanding are 35.29M, and float is at 29.84M with Short Float at 24.29%.
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.
Fiverr International Ltd (FVRR) Insider Activity
Still, SEC filings show that on Dec 02 ’24, Kaufman Micha (Officer) Proposed Sale 1,804 shares at an average price of $32.61 for $58828.0. The insider now directly holds shares of Fiverr International Ltd (FVRR).
