Stocks of Etsy Inc (NASDAQ:ETSY) traded higher last session on Wall Street, down -2.65% to $53.98.
ETSY stock price is now -11.64% away from the 50-day moving average and -20.93% away from the 200-day moving average. The market capitalization of the company currently stands at $6.19B.
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, while ‘Loop Capital’ rates the stock as ‘Sell’
In other news, Nadal Toni Thompson, Officer bought 2,973 shares of the company’s stock on Aug 05 ’24. The stock was bought for $167,588 at an average price of $56.37. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 01 ’24, Officer Daniel Nicholas bought 750 shares of the business’s stock. A total of $47,625 was incurred on buying the stock at an average price of $63.50. 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 $54.61 and a high of $89.58. According to the stock market information, the enterprise value for the company is $7583010816, which is based on a 25.08 price-to-earnings ratio, a 1.65 price-to-earnings-growth ratio, and a beta of 2.00. The fifty day moving average price for ETSY is $60.9304 and a two-hundred day moving average price translates $68.20205 for the stock.
The latest earnings results from Etsy Inc (NASDAQ: ETSY) was released for 2024-06-30. The net profit margin was 10.36% and return on equity was -1224.50% for ETSY. The company reported revenue of $647.81 million for the quarter, compared to $628.88 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.01 percent. For the current quarter, analysts expect ETSY to generate $653.53M in revenue.
