The price of Snap Inc (NYSE:SNAP) shares last traded on Wall Street rose 0.94% to $9.63.
SNAP stock price is now -6.78% away from the 50-day moving average and -16.06% away from the 200-day moving average. The market capitalization of the company currently stands at $16.34B.
, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, Morrow Rebecca, CAO sold 2,560 shares of the company’s stock on Mar 17 ’25. The stock was sold for $22,593 at an average price of $8.83. Upon completion of the transaction, the CAO now directly owns 427,332 shares in the company, valued at $4.12 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 17 ’25, Chief Financial Officer Andersen Derek sold 33,618 shares of the business’s stock. A total of $296,813 was realized by selling the stock at an average price of $8.83. This leaves the insider owning 3,507,897 shares of the company worth $33.78 million. A total of 35.59% of the company’s stock is owned by insiders.
During the past 12 months, Snap Inc has had a low of $8.29 and a high of $17.33. As of last week, the company has a debt-to-equity ratio of 1.73, a current ratio of 3.95, and a quick ratio of 3.95. The fifty day moving average price for SNAP is $10.33 and a two-hundred day moving average price translates $11.47195 for the stock.
The latest earnings results from Snap Inc (NYSE: SNAP) was released for 2024-12-31. The net profit margin was -13.02% and return on equity was -28.69% for SNAP. The company reported revenue of $1.56 billion for the quarter, compared to $1.36 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14.4 percent.
