In Friday’s Wall Street session, Clarivate Plc (NYSE:CLVT) shares traded at $3.40, down -7.10% from the previous session.
CLVT stock price is now -25.03% away from the 50-day moving average and -39.32% away from the 200-day moving average. The market capitalization of the company currently stands at $2.34B.
On December 15, 2023, Wells Fargo Downgraded its previous ‘Equal Weight’ rating to ‘Underweight’ on the stock keeping its target price maintained at $8, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, Snyder Andrew Miles, Director bought 237,176 shares of the company’s stock on Mar 14 ’25. The stock was bought for $989,024 at an average price of $4.17. Upon completion of the transaction, the Director now directly owns 787,510 shares in the company, valued at $2.68 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 12 ’25, Director Bomba Jane L Okun bought 49,750 shares of the business’s stock. A total of $200,492 was incurred on buying the stock at an average price of $4.03. This leaves the insider owning 49,750 shares of the company worth $0.17 million. A total of 43.25% of the company’s stock is owned by insiders.
During the past 12 months, Clarivate Plc has had a low of $3.66 and a high of $7.77. As of last week, the company has a debt-to-equity ratio of 0.89, a current ratio of 0.87, and a quick ratio of 0.87. The fifty day moving average price for CLVT is $4.535 and a two-hundred day moving average price translates $5.6031 for the stock.
The latest earnings results from Clarivate Plc (NYSE: CLVT) was released for 2024-12-31. The net profit margin was -26.13% and return on equity was -11.44% for CLVT. The company reported revenue of $663.0 million for the quarter, compared to $683.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.03 percent.
