Etsy Inc (NASDAQ:ETSY) shares traded -7.65% lower at $60.16 on Wall Street last session.
ETSY stock price is now -2.08% away from the 50-day moving average and -12.04% away from the 200-day moving average. The market capitalization of the company currently stands at $7.03B.
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, while ‘Loop Capital’ rates the stock as ‘Sell’
In other news, Daniel Nicholas, Officer bought 750 shares of the company’s stock on Aug 01 ’24. The stock was bought for $47,625 at an average price of $63.50. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 12 ’24, CHIEF TECHNOLOGY OFFICER Kumar Rachana sold 250 shares of the business’s stock. A total of $15,000 was realized by selling the stock at an average price of $60.00. This leaves the insider owning 21,939 shares of the company worth $1.32 million. A total of 0.90% of the company’s stock is owned by insiders.
During the past 12 months, Etsy Inc has had a low of $55.08 and a high of $101.80. According to the stock market information, the enterprise value for the company is $8393232896, which is based on a 27.43 price-to-earnings ratio, a 1.50 price-to-earnings-growth ratio, and a beta of 2.02. The fifty day moving average price for ETSY is $61.3608 and a two-hundred day moving average price translates $68.3803 for the stock.
The latest earnings results from Etsy Inc (NASDAQ: ETSY) was released for 2024-06-30. The net profit margin was 10.75% and return on equity was -1224.50% for ETSY. The company reported revenue of $645.95 million for the quarter, compared to $640.88 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.79 percent.
