The trading price of Cricut Inc (NASDAQ:CRCT) floating higher at last check on Wednesday, August 07, closing at $6.41, 9.66% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 20.67. In examining the 52-week price action we see that the stock hit a 52-week high of $10.61 and a 52-week low of $4.11. Over the past month, the stock has gained 16.85% in value.
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Cricut Inc, whose market valuation is $1.39 billion at the time of this writing. The dividend yield on the company stock is 1.56%, while its Forward Dividend ratio is 0.10. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.05 per share this quarter, however they have predicted annual earnings per share of 0.23 for current year and 0.28 for next year.
Analysts have forecast the company to bring in revenue of 167.95M for the current quarter, with the likely lows of 162.24M and highs of 171.62M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 731.62M.
On the technical side, indicators suggest CRCT has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 75% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.
A quick review shows that CRCT’s price is currently 7.08% off the SMA20 and 8.88% off the SMA50. The RSI metric on the 14-day chart is currently showing 59.85, and weekly volatility stands at 5.38%. When measured over the past 30 days, the indicator reaches 4.39%. Cricut Inc (NASDAQ:CRCT)’s beta value is currently sitting at 0.14, while the Average True Range indicator is currently displaying 0.32.
To see how Cricut Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: CRCT stock’s performance was 9.66% at last check in today’s session, and -31.55% in the past year. Cricut Inc has a P/E ratio of 20.67.
An evaluation of the daily trading volume of Cricut Inc (NASDAQ:CRCT) indicates that the 3-month average is 844.86K.
Currently, records show that 51.41 million of the company’s shares remain outstanding. The insiders hold 79.82% of outstanding shares, whereas institutions hold 9.97%. However, since the stock’s price has seen 4.91% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
