The stock of DoubleVerify Holdings Inc (NYSE:DV) last traded at $18.78, down -38.57% from the previous session.
DV stock price is now -41.65% away from the 50-day moving average and -43.73% away from the 200-day moving average. The market capitalization of the company currently stands at $3.22B.
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On March 11, 2024, Macquarie Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock keeping its target price maintained at $40, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, Allais Nicola T, Chief Financial Officer sold 5,292 shares of the company’s stock on Apr 24 ’24. The stock was sold for $163,289 at an average price of $30.86. Upon completion of the transaction, the Chief Financial Officer now directly owns 73,030 shares in the company, valued at $1.37 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 23 ’24, Chief Financial Officer Allais Nicola T sold 5,292 shares of the business’s stock. A total of $157,110 was realized by selling the stock at an average price of $29.69. This leaves the insider owning 73,030 shares of the company worth $1.37 million. A total of 18.91% of the company’s stock is owned by insiders.
During the past 12 months, DoubleVerify Holdings Inc has had a low of $26.23 and a high of $43.00. As of last week, the company has a debt-to-equity ratio of 0.08, a current ratio of 7.30, and a quick ratio of 7.30.
According to the Software – Application Company, earnings per share came in at 0.07, beating analysts’ expectations of 0.04 by 0.03. This compares to $0.07 EPS in the same period last year. The net profit margin was 11.25% and return on equity was 6.64% for DV. The company reported revenue of $140.78 million for the quarter, compared to $122.59 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14.84 percent. For the current quarter, analysts expect DV to generate $140.78M in revenue.
