In the current trading session, Despegar.com Corp’s (DESP) stock is trading at the price of $18.43, a gain of 4.07% over last night’s close. So, the stock is trading at a price that is 2.39% less than its 52-week high of $18.00 and 135.38% better than its 52-week low of $7.83. Based on the past 30-day period, the stock price is -0.08% below the high and +33.14% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, DESP’s SMA-200 is $12.45.
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It is also essential to consider DESP stock ratios like the price-to-sales ratio, which is 1.62 for the last year.Likewise, its price to free cash flow for the last twelve months stands at 179.32.
How does Despegar.com Corp (DESP) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 5 brokerage firms that recommend the stock as a Moderate Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 4.20 in simple terms.
Despegar.com Corp (NYSE: DESP) Ownership Details
I will give a breakdown of the key shareholders in Despegar.com Corp (DESP). Recent figures show that the company’s insiders hold 26.89% of shares. A total of 219 institutional investors hold shares in the company, making 99.39% of its stock and 135.95% of its float.
Sep 30, 2024, it was reported that the Company’s largest institutional holder is Catterton Management Company, L.L.C. holding total of 7.99 shares that make 12.10% of the company’s total number of shares and are currently priced at 147.51 million.
The securities firm Neuberger Berman Group, LLC holds 5.51 shares of DESP, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 8.34%, and the holding percentage of shares is valued at 101.72 million.
An overview of Despegar.com Corp’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Despegar.com Corp (DESP) traded 1,191,661 shares per day, with a moving average of $15.47 and price change of +3.50. With the moving average of $14.04 and a price change of +6.14, about 955,154 shares changed hands on average over the past 50 days. Finally, DESP’s 100-day average volume is 961,534 shares, alongside a moving average of $12.96 and a price change of +5.76.
