LiveRamp Holdings Inc. (NYSE:RAMP) shares traded higher over the last trading session, gaining 2.41% on 02/19/21. The shares fell to a low of $68.72 before closing at $70.63. Intraday shares traded counted 0.47 million, which was 32.16% higher than its 30-day average trading volume of 685.73K. RAMP’s previous close was $68.97 while the outstanding shares total 66.52M. The firm has a beta of 1.19. The stock’s Relative Strength Index (RSI) is 39.77, with weekly volatility at 3.75% and ATR at 3.40. The RAMP stock’s 52-week price range has touched low of $23.44 and a $87.38 high.
Investors have identified the Information Technology Services company LiveRamp Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $4.62 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
LiveRamp Holdings Inc. (RAMP) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 858.65 million total, with 157.33 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record -0.79 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on RAMP sounds very interesting.
Is the stock of RAMP attractive?
In related news, Director, KOKICH CLARK M sold 5,000 shares of the company’s stock in a transaction that recorded on Feb 17. The sale was performed at an average price of 69.48, for a total value of 347,400. As the sale deal closes, the Director, TOMLIN DEBORA B now sold 150 shares of the company’s stock, valued at 10,712. Also, PRESIDENT AND CCO, Arra James F. sold 9,500 shares of the company’s stock in a deal that was recorded on Feb 01. The shares were price at an average price of 76.57 per share, with a total market value of 727,422. Following this completion of acquisition, the Director, TOMLIN DEBORA B now holds 150 shares of the company’s stock, valued at 12,618. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.60%.
10 out of 12 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on LiveRamp Holdings Inc.. 1 analysts has assigned a Sell rating on the RAMP stock. The 12-month mean consensus price target for the company’s shares has been set at $83.25.