Fiverr International Ltd (NYSE:FVRR) shares, rose in value on Friday, January 03, with the stock price up by 1.87% to the previous day’s close as strong demand from buyers drove the stock to $32.64.
Actively observing the price movement in the last trading, the stock closed the session at $32.04, falling within a range of $31.85 and $32.64. The value of beta (5-year monthly) was 1.674 whereas the PE ratio was 124.96 over 12-month period. Referring to stock’s 52-week performance, its high was $36.11, and the low was $18.83. On the whole, FVRR has fluctuated by -5.28% over the past month.
With the market capitalization of Fiverr International Ltd currently standing at about $1.15 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FVRR’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of FVRR currently trading nearly -1.84% and 5.21% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.26, while the 7-day volatility ratio is showing 3.20% which for the 30-day chart, stands at 3.79%. Furthermore, Fiverr International Ltd (FVRR)’s beta value is 1.69, and its average true range (ATR) is 1.27.
A comparison of Fiverr International Ltd (FVRR) with its peers suggests the former has fared considerably weaker in the market. FVRR showed an intraday change of 1.87% in last session, and over the past year, it grew by 30.04%%.
Data on historical trading for Fiverr International Ltd (NYSE:FVRR) indicates that the trading volumes over the past 10 days have averaged 0.47 and over the past 3 months, they’ve averaged 726.64K. According to company’s latest data on outstanding shares, there are 35.29 million shares outstanding.
Nearly 15.45% of Fiverr International Ltd’s shares belong to company insiders and institutional investors own 58.25% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 7.13 million shares as on 2024-12-13, resulting in a short ratio of 11.17. According to the data, the short interest in Fiverr International Ltd (FVRR) stood at 2407.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 6.07 million. The stock has risen by 2.87% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FVRR stock heading into the next quarter.
