The price of DoubleVerify Holdings Inc (NYSE:DV) shares last traded on Wall Street rose 0.74% to $18.94.
DV stock price is now -35.58% away from the 50-day moving average and -41.55% away from the 200-day moving average. The market capitalization of the company currently stands at $3.25B.
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With the price target reduced from $45 to $18, BofA Securities Downgraded its rating from Buy to Underperform for DoubleVerify Holdings Inc (NYSE: DV). , while ‘Macquarie’ rates the stock as ‘Outperform’
In other news, Allais Nicola T, Chief Financial Officer sold 1,764 shares of the company’s stock on May 21 ’24. The stock was sold for $33,152 at an average price of $18.79. Upon completion of the transaction, the Chief Financial Officer now directly owns 73,030 shares in the company, valued at $1.38 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 20 ’24, Chief Financial Officer Allais Nicola T sold 1,764 shares of the business’s stock. A total of $34,524 was realized by selling the stock at an average price of $19.57. This leaves the insider owning 73,030 shares of the company worth $1.38 million. A total of 18.91% of the company’s stock is owned by insiders.
During the past 12 months, DoubleVerify Holdings Inc has had a low of $17.74 and a high of $43.00. As of last week, the company has a debt-to-equity ratio of 0.08, a current ratio of 7.30, and a quick ratio of 7.30. According to the stock market information, the enterprise value for the company is $3009447680, which is based on a 49.72 price-to-earnings ratio, a 2.56 price-to-earnings-growth ratio, and a beta of 0.89. The fifty day moving average price for DV is $29.1262 and a two-hundred day moving average price translates $32.3326 for the stock.
The latest earnings results from DoubleVerify Holdings Inc (NYSE: DV) was released for 2024-03-31. According to the Software – Application Company, earnings per share came in at 0.07, beating analysts’ expectations of 0.06 by 0.01. This compares to $0.07 EPS in the same period last year. The net profit margin was 11.25% and return on equity was 6.64% for DV. The company reported revenue of $140.78 million for the quarter, compared to $122.59 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14.84 percent. For the current quarter, analysts expect DV to generate $153.86M in revenue.
