In yesterday’s Wall Street session, Couchbase Inc (NASDAQ:BASE) shares traded at $16.00, up 1.07% from the previous session.
BASE stock price is now -7.84% away from the 50-day moving average and -16.90% away from the 200-day moving average. The market capitalization of the company currently stands at $837.57M.
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With the price target of $21, Truist recently initiated with Buy rating for Couchbase Inc (NASDAQ: BASE). , while ‘Barclays’ rates the stock as ‘Overweight’
In other news, Owen Huw, SVP & Chief Revenue Officer sold 2,993 shares of the company’s stock on Jan 06 ’25. The stock was sold for $47,960 at an average price of $16.02. Upon completion of the transaction, the SVP & Chief Revenue Officer now directly owns 325,993 shares in the company, valued at $5.22 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 02 ’25, Director Carpenter Carol W. sold 900 shares of the business’s stock. A total of $13,948 was realized by selling the stock at an average price of $15.50. This leaves the insider owning 21,727 shares of the company worth $0.35 million. A total of 23.59% of the company’s stock is owned by insiders.
During the past 12 months, Couchbase Inc has had a low of $13.53 and a high of $32.00. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 1.99, and a quick ratio of 1.99. The fifty day moving average price for BASE is $17.367 and a two-hundred day moving average price translates $19.308125 for the stock.
The latest earnings results from Couchbase Inc (NASDAQ: BASE) was released for 2024-07-31. The net profit margin was -39.31% and return on equity was -61.40% for BASE. The company reported revenue of $51.59 million for the quarter, compared to $43.14 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.59 percent. For the current quarter, analysts expect BASE to generate $53.25M in revenue.
