ChargePoint Holdings Inc (NYSE:CHPT) shares traded -8.87% lower at $1.13 on Wall Street last session.
CHPT stock price is now -7.79% away from the 50-day moving average and -27.66% away from the 200-day moving average. The market capitalization of the company currently stands at $543.69M.
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, while ‘Wolfe Research’ rates the stock as ‘Peer Perform’
In other news, Chavez Rebecca, CLO and Corp Secretary sold 60,849 shares of the company’s stock on Dec 23 ’24. The stock was sold for $69,648 at an average price of $1.14. Upon completion of the transaction, the CLO and Corp Secretary now directly owns 1,198,062 shares in the company, valued at $1.35 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 23 ’24, CCXO Singh Jagdeep CA sold 36,574 shares of the business’s stock. A total of $41,863 was realized by selling the stock at an average price of $1.14. This leaves the insider owning 1,161,430 shares of the company worth $1.31 million. A total of 10.02% of the company’s stock is owned by insiders.
During the past 12 months, ChargePoint Holdings Inc has had a low of $1.05 and a high of $2.68. As of last week, the company has a debt-to-equity ratio of 1.74, a current ratio of 1.94, and a quick ratio of 1.24. The fifty day moving average price for CHPT is $1.2296 and a two-hundred day moving average price translates $1.5661 for the stock.
The latest earnings results from ChargePoint Holdings Inc (NYSE: CHPT) was released for 2024-07-31. The net profit margin was -72.62% and return on equity was -109.15% for CHPT. The company reported revenue of $108.54 million for the quarter, compared to $150.49 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -27.88 percent.
