The stock of GoodRx Holdings Inc (NASDAQ:GDRX) last traded at $6.93, down -8.94% from the previous session.
GDRX stock price is now -1.57% away from the 50-day moving average and 8.63% away from the 200-day moving average. The market capitalization of the company currently stands at $2.74B.
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With the price target maintained at $9, KeyBanc Capital Markets recently Upgraded its rating from Sector Weight to Overweight for GoodRx Holdings Inc (NASDAQ: GDRX). On March 25, 2024, Wells Fargo Upgraded its previous ‘Equal Weight’ rating to ‘Overweight’ on the stock increasing its target price from $7.50 to quote $10, while ‘JP Morgan’ rates the stock as ‘Overweight’
In other news, Wagner Scott, insider bought 21,652 shares of the company’s stock on Nov 30 ’23. The stock was bought for $124,806 at an average price of $5.76. Upon completion of the transaction, the insider now directly owns 182,900 shares in the company, valued at $1.27 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 29 ’23, Wagner Scott bought 26,348 shares of the business’s stock. A total of $155,482 was incurred on buying the stock at an average price of $5.90. This leaves the insider owning 161,248 shares of the company worth $1.12 million. A total of 80.44% of the company’s stock is owned by insiders.
During the past 12 months, GoodRx Holdings Inc has had a low of $4.14 and a high of $9.37. As of last week, the company has a debt-to-equity ratio of 1.13, a current ratio of 6.29, and a quick ratio of 7.12.
The net profit margin was -0.86% and return on equity was -0.90% for GDRX. The company reported revenue of $196.64 million for the quarter, compared to $184.11 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.81 percent.
