Definitive Healthcare Corp (NASDAQ:DH) price on Thursday, April 10, fall -0.40% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $2.48.
A look at the stock’s price movement, the close in the last trading session was $2.49, moving within a range at $2.4001 and $2.5999. The beta value (5-Year monthly) was 1.487. Turning to its 52-week performance, $7.82 and $2.15 were the 52-week high and 52-week low respectively. Overall, DH moved -9.82% over the past month.
Definitive Healthcare Corp’s market cap currently stands at around $377.67 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DH is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
10 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 4 analyst(s) rate the stock as a Hold, 5 recommend DH as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
DH’s current price about -8.87% and -33.02% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 31.73, while 7-day volatility ratio is 11.08% and 7.68% in the 30-day chart. Further, Definitive Healthcare Corp (DH) has a beta value of 1.50, and an average true range (ATR) of 0.24. Analysts have given the company’s stock an average 52-week price target of $7, forecast between a low of $4 and high of $30. Looking at the price targets, the low is -61.29% off current price level while to achieve the yearly target high, price needs to move -1109.68%. Nonetheless, investors will most likely welcome a -182.26% jump to $7 which is the analysts’ median price.
If we refocus on Definitive Healthcare Corp (NASDAQ:DH), historical trading data shows that trading volumes averaged 1.75 over the past 10 days and 1.14 million over the past 3 months. The company’s latest data on shares outstanding shows there are 113.95 million shares.
The 63.68% of Definitive Healthcare Corp’s shares are in the hands of company insiders while institutional holders own 37.73% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.01 million on 2025-03-14, giving us a short ratio of 2.33. The data shows that as of 2025-03-14 short interest in Definitive Healthcare Corp (DH) stood at 609.0000299999999 of shares outstanding, with shares short rising to 2.13 million registered in 2025-02-14. Current price change has pushed the stock -39.66% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DH stock continues to rise going into the next quarter.
