Definitive Healthcare Corp (NASDAQ:DH) shares, rose in value, without any change to the previous day’s close as strong demand from buyers drove the stock to $2.53.
Actively observing the price movement in the last trading, the stock closed the session at $2.53, falling within a range of $2.495 and $2.56. The value of beta (5-year monthly) was 1.487. Referring to stock’s 52-week performance, its high was $7.57, and the low was $2.15. On the whole, DH has fluctuated by -10.28% over the past month.
With the market capitalization of Definitive Healthcare Corp currently standing at about $385.29 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 234.24M, with a low estimate of 55M and a high estimate of 57.3M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 56.2M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DH’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of DH currently trading nearly -5.41% and -26.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.31, while the 7-day volatility ratio is showing 4.14% which for the 30-day chart, stands at 6.85%. Furthermore, Definitive Healthcare Corp (DH)’s beta value is 1.47, and its average true range (ATR) is 0.20.
A comparison of Definitive Healthcare Corp (DH) with its peers suggests the former has fared considerably weaker in the market. DH showed an intraday change of 0.00% in last session, and over the past year, it shrunk by -65.39%%.
Data on historical trading for Definitive Healthcare Corp (NASDAQ:DH) indicates that the trading volumes over the past 10 days have averaged 1.66 and over the past 3 months, they’ve averaged 1.21 million. According to company’s latest data on outstanding shares, there are 113.95 million shares outstanding.
Nearly 63.81% of Definitive Healthcare Corp’s shares belong to company insiders and institutional investors own 37.70% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.71 million shares as on 2025-03-31, resulting in a short ratio of 2.79. According to the data, the short interest in Definitive Healthcare Corp (DH) stood at 752.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 2.77 million. The stock has fallen by -38.44% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DH stock heading into the next quarter.
