In Monday’s Wall Street session, Snap Inc (NYSE:SNAP) shares traded at $7.61, down -3.43% from the previous session.
SNAP stock price is now -18.14% away from the 50-day moving average and -29.45% away from the 200-day moving average. The market capitalization of the company currently stands at $12.91B.
, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, O’Sullivan Michael J., General Counsel sold 24,000 shares of the company’s stock on Mar 31 ’25. The stock was sold for $206,386 at an average price of $8.60. Upon completion of the transaction, the General Counsel now directly owns 507,660 shares in the company, valued at $3.86 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 31 ’25, Officer Michael O’Sullivan bought 24,000 shares of the business’s stock. A total of $209,040 was incurred on buying the stock at an average price of $8.71. 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 $7.08 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 $9.2968 and a two-hundred day moving average price translates $10.78615 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.
