In yesterday’s Wall Street session, FiscalNote Holdings Inc (NYSE:NOTE) shares traded at $0.82, down -8.43% from the previous session.
6 analysts cover FiscalNote Holdings Inc (NYSE:NOTE), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $7.00 and a low of $0.65, we find $2.50. Given the previous closing price of $0.90, this indicates a potential upside of 177.78 percent. NOTE stock price is now -54.67% away from the 50-day moving average and -66.05% away from the 200-day moving average. The market capitalization of the company currently stands at $105.66M.
The stock has received a hold rating from 2 analysts and a buy rating from 4. Brokers who have rated the stock have averaged $3.78 as their price target over the next twelve months.
In other news, Slabaugh Jon, insider sold 3,968 shares of the company’s stock on Nov 07. The stock was sold for $5,428 at an average price of $1.37. Upon completion of the transaction, the insider now directly owns 147,749 shares in the company, valued at $0.12 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 07, Resnik Josh sold 828 shares of the business’s stock. A total of $1,133 was realized by selling the stock at an average price of $1.37. This leaves the insider owning 475,686 shares of the company worth $0.39 million. Insiders disposed of 4,254,965 shares of company stock worth roughly $3.49 million over the past 1 year. A total of 21.05% of the company’s stock is owned by insiders.
On Wednesday morning FiscalNote Holdings Inc (NYSE: NOTE) stock kicked off with the opening price of $0.9119. During the past 12 months, FiscalNote Holdings Inc has had a low of $0.65 and a high of $6.87. As of last week, the company has a debt-to-equity ratio of 2.91, a current ratio of 0.69, and a quick ratio of 0.69. The fifty day moving average price for NOTE is $1.8091 and a two-hundred day moving average price translates $2.4153 for the stock.
The latest earnings results from FiscalNote Holdings Inc (NYSE: NOTE) was released for Sep, 2023. According to the Information Technology Services Company, earnings per share came in at -$0.11, beating analysts’ expectations of -$0.16 by 0.05. This compares to -$1.13 EPS in the same period last year. The net profit margin was -82.61% and return on equity was -81.08% for NOTE. The company reported revenue of $34.01 million for the quarter, compared to $29.07 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 16.99 percent. For the current quarter, analysts expect NOTE to generate $36.66M in revenue.
FiscalNote Holdings Inc(NOTE) Company Profile
FiscalNote Holdings, Inc. operates as technology company. 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.