In yesterday’s Wall Street session, Getty Images Holdings Inc (NYSE:GETY) shares traded at $2.39, up 13.27% from the previous session.
GETY stock price is now -21.87% away from the 50-day moving average and -32.16% away from the 200-day moving average. The market capitalization of the company currently stands at $1.11B.
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On October 03, 2023, Redburn Atlantic Downgraded its previous ‘Overweight’ rating to ‘Neutral’ on the stock keeping its target price maintained at $6, while ‘Imperial Capital’ rates the stock as ‘Outperform’
In other news, Farhall Grant, Chief Product Officer sold 8,218 shares of the company’s stock on Dec 24 ’24. The stock was sold for $18,080 at an average price of $2.20. Upon completion of the transaction, the Chief Product Officer now directly owns 251,615 shares in the company, valued at $0.6 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 24 ’24, Chief Marketing Officer Foca Gene sold 6,174 shares of the business’s stock. A total of $13,583 was realized by selling the stock at an average price of $2.20. This leaves the insider owning 445,773 shares of the company worth $1.07 million. A total of 53.23% of the company’s stock is owned by insiders.
During the past 12 months, Getty Images Holdings Inc has had a low of $2.06 and a high of $5.77. As of last week, the company has a debt-to-equity ratio of 2.04, a current ratio of 0.79, and a quick ratio of 0.79. The fifty day moving average price for GETY is $3.059 and a two-hundred day moving average price translates $3.5231 for the stock.
The latest earnings results from Getty Images Holdings Inc (NYSE: GETY) was released for 2024-09-30. The net profit margin was 5.91% and return on equity was 8.73% for GETY. The company reported revenue of $240.54 million for the quarter, compared to $229.3 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.9 percent.
