The CLVT Stock Puzzle: Unraveling Clarivate Plc’s Fluctuating Performance

Currently, the stock price of Clarivate Plc (CLVT) is $7.30. In the most recent trading session, the stock underwent a significant upswing, peaking at $7.41 after opening at $7.14. The stock touched a low of $7.09 before closing at $7.21.

Clarivate Plc’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $11.99 on 03/01/23, with the lowest value being $6.07 on 10/04/23.

52-week price history of CLVT Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Clarivate Plc’s current trading price is -39.12% away from its 52-week high, while its distance from the 52-week low is 20.26%. The stock’s price range during this period has fluctuated between $6.07 and $11.99. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 7.1 million for the day, which was evidently higher than the average daily volume of 5.85 million over the last three months.

Financial Performance and Market Capitalization

Clarivate Plc (CLVT) has experienced a quarterly rise of 3.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.85B and boasts a workforce of 11600 employees.

Analysts’ Ratings For Clarivate Plc

As of right now, 5 analysts are rating Clarivate Plc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 7.53, with a change in price of -2.12. Similarly, Clarivate Plc recorded 6,212,759 in trading volume during the last 100 days, posting a change of -22.51%.

CLVT Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CLVT stands at 0.74. Similarly, the long-term debt-to-equity ratio is also 0.74.

CLVT Stock Stochastic Average

The raw stochastic average for Clarivate Plc over the last 50 days is presently at 84.83%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 83.64%. Further, the company’s Stochastic %K and %D values for the last 20 days were 79.93% and 79.90%, respectively.

CLVT Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -12.47%. However, over the past six months, we’ve seen a stronger performance of -3.44%. The price of CLVT fallen by 8.15% over the last 30 days. And in the last five days, it has surged by 12.48%.

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