Fiverr International Ltd (NYSE:FVRR) shares traded -0.13% lower at $31.73 on Wall Street last session.
FVRR stock price is now 3.70% away from the 50-day moving average and 26.40% away from the 200-day moving average. The market capitalization of the company currently stands at $1.12B.
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On July 02, 2024, UBS Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock reducing its target price from $37 to quote $25, while ‘Piper Sandler’ rates the stock as ‘Neutral’
In other news, Arnon Gali, Officer bought 5,000 shares of the company’s stock on Dec 09 ’24. The stock was bought for $176,750 at an average price of $35.35. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 02 ’24, Officer Katz Ofer bought 1,624 shares of the business’s stock. A total of $52,959 was incurred on buying the stock at an average price of $32.61. A total of 15.45% of the company’s stock is owned by insiders.
During the past 12 months, Fiverr International Ltd has had a low of $18.83 and a high of $36.11. As of last week, the company has a debt-to-equity ratio of 1.43, a current ratio of 2.99, and a quick ratio of 2.99. The fifty day moving average price for FVRR is $30.4122 and a two-hundred day moving average price translates $25.05105 for the stock.
The latest earnings results from Fiverr International Ltd (NYSE: FVRR) was released for 2024-09-30. The net profit margin was 2.67% and return on equity was 3.12% for FVRR. The company reported revenue of $99.63 million for the quarter, compared to $92.53 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.67 percent. For the current quarter, analysts expect FVRR to generate $101.39M in revenue.
