Thryv Holdings Inc (NASDAQ:THRY) shares, rose in value on Friday, March 07, with the stock price down by -1.18% to the previous day’s close as strong demand from buyers drove the stock to $16.69.
Actively observing the price movement in the last trading, the stock closed the session at $16.89. Referring to stock’s 52-week performance, its high was $26.42, and the low was $13.06. On the whole, THRY has fluctuated by -10.03% over the past month.
With the market capitalization of Thryv Holdings Inc currently standing at about $723.87 million, investors are eagerly awaiting this quarter’s results, scheduled for in April.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 779.01M, with a low estimate of 173.1M and a high estimate of 174.71M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 173.82M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that THRY’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 Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of THRY currently trading nearly -8.94% and -0.88% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.13, while the 7-day volatility ratio is showing 5.23% which for the 30-day chart, stands at 5.30%. Furthermore, Thryv Holdings Inc (THRY)’s average true range (ATR) is 0.92.
A comparison of Thryv Holdings Inc (THRY) with its peers suggests the former has fared considerably weaker in the market. THRY showed an intraday change of -1.18% in last session, and over the past year, it shrunk by -21.50%%.
Data on historical trading for Thryv Holdings Inc (NASDAQ:THRY) indicates that the trading volumes over the past 3 months, they’ve averaged 513.93K. According to company’s latest data on outstanding shares, there are 43.03 million shares outstanding.
Nearly 8.09% of Thryv Holdings Inc’s shares belong to company insiders and institutional investors own 97.99% of the company’s shares. The stock has risen by 12.77% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the THRY stock heading into the next quarter.
