Clarivate Plc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $9.60 on 02/12/24, while the lowest price for the same period was registered at $4.97 on 08/08/24.
52-week price history of CLVT Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Clarivate Plc’s current trading price is -32.64% away from its 52-week high, while its distance from the 52-week low is 30.18%. The stock’s price range during this period has spanned from $4.97 to $9.60. In the Technology sector, the Clarivate Plc’s shares surpassed a trading volume of approximately 2.0 million for the day, which was noticeably lower compared to the average daily volume of 9.3.92 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Clarivate Plc (CLVT) has experienced a quarterly decline of -7.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.69B and boasts a workforce of 12000 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.29, with a change in price of +0.68. Similarly, Clarivate Plc recorded 3,940,323 in trading volume during the last 100 days, posting a change of +11.74%.
Examining CLVT’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for CLVT stands at 0.84. Similarly, the long-term debt-to-equity ratio is also 0.84.
CLVT Stock Stochastic Average
Today, Clarivate Plc’s raw stochastic average for the past 50 days stands at 26.88%, indicating a rise from the raw stochastic average of the last 20 days, which was 4.90%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 15.62% and 23.54% respectively.
CLVT Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -30.13%. However, over the past six months, we’ve seen a stronger performance of -7.57%. The price of CLVT leaped by -3.14% over the last 30 days. And in the last five days, it has fallen by -3.43%.
