Stocks of FiscalNote Holdings Inc. (NYSE:NOTE) traded higher last session on Wall Street, up 11.61% to $1.73.
According to the data, FiscalNote Holdings Inc. (NYSE:NOTE) has 4 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $9.00 and a low of $2.50, we find $8.00. Given the previous closing price of $1.55, this indicates a potential upside of 416.13 percent. NOTE stock price is now -56.24% away from the 50-day moving average and -74.48% away from the 200-day moving average. The market capitalization of the company currently stands at $232.20M.
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A total of 1 analysts have issued a hold rating and 3 have given it a buy rating. Brokers who have rated the stock have averaged $6.88 as their price target over the next twelve months.
On August 30, 2022, BTIG Research recently initiated its ‘Buy’ rating on the stock quoting a target price of $14.
Insiders disposed of 2,517,671 shares of company stock worth roughly $4.36 million over the past 1 year. A total of 1.40% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in NOTE stock. A new stake in FiscalNote Holdings Inc. shares was purchased by LMR PARTNERS LLP during the first quarter worth $6,132,000. ACCOMPLICE MANAGEMENT, LLC invested $349,000 in shares of NOTE during the first quarter. In the first quarter, MILLENNIUM MANAGEMENT LLC acquired a new stake in FiscalNote Holdings Inc. valued at approximately $44,000. SUSQUEHANNA INTERNATIONAL GROUP, LLP acquired a new stake in NOTE for approximately $29,000. VICTORY CAPITAL MANAGEMENT INC purchased a new stake in NOTE valued at around $20,000 in the second quarter. In total, there are 30 active investors with 40.30% ownership of the company’s stock.
Tuesday’s opening bell rang with an opening price of $1.6700 for FiscalNote Holdings Inc. (NYSE: NOTE). During the past 12 months, FiscalNote Holdings Inc. has had a low of $1.53 and a high of $12.30. As of last week, the company has a debt-to-equity ratio of 0.88, a current ratio of 1.70, and a quick ratio of 1.70. The fifty day moving average price for NOTE is $3.8772 and a two-hundred day moving average price translates $6.7370 for the stock.
The latest earnings results from FiscalNote Holdings Inc. (NYSE: NOTE) was released for Sep, 2022. According to the Information Technology Services Company, earnings per share came in at -$1.39, missing analysts’ expectations of -$0.13 by -1.26. This compares to -$1.67 EPS in the same period last year. The company reported revenue of $29.07 million for the quarter, compared to $21.77 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 33.51 percent. For the current quarter, analysts expect NOTE to generate $30.82M in revenue.
FiscalNote Holdings Inc.(NOTE) Company Profile
FiscalNote Holdings Inc. operates as technology and data company that delivers critical legal data and insights worldwide. It combines artificial intelligence technology, machine learning, and other technologies with analytics, workflow tools, and expert research. The company delivers that intelligence through its suite of public policy and issues management products, as well as powerful tools to manage workflows, advocacy campaigns, and constituent relationships. It serves a customer base that includes businesses comprising the Fortune 100 companies, government agencies, law firms, professional services organizations, trade groups, and non-profits. The company is headquartered in Washington, District of Columbia.
