Katapult Holdings Inc. (NASDAQ:KPLT) trading with a subtraction of -$0.11 to $5.06 on Thursday, a downside of -2.13 percent. An average of 3,196,779 shares of common stock have been traded in the last five days. There was a gain of $0.45 in the past week, and it reached a new high 23 times over the past 12 months. The last 20 days have seen an average of 5,900,930 shares traded, while the 50-day average volume stands at 12,598,086.
KPLT stock has decreased by -21.67% in the last month. The company shares reached their 1-month lowest point of $4.36 on 10/06/21. With the stock rallying to its 52-week high on 01/13/21, shares of the company touched a low of $3.10 and a high of $19.65 in 52 weeks. It has reached a new high 6 times so far this year and lost -58.64% or -$7.36 in price. In spite of this, the price is down -74.25% from the 52-week high.
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Katapult Holdings Inc. (KPLT) has a trailing price-to-earnings (P/E) ratio of 29.20 for the broader industry and 37.83 for the sector. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.26, the price-to-book (PB) ratio at 15.21, and the price-to-cash flow ratio at 79.38.
The quick ratio of Katapult Holdings Inc. for the recent quarter was 8.60, and the current ratio was 8.60, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 6.89 and a total debt to equity ratio of 0.00 for the recent quarter.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Katapult Holdings Inc.’s return on assets was -13.70%.
From a technical analysis perspective, let’s take a brief look at Katapult Holdings Inc. (KPLT) price momentum. RSI 9-day as of the close on 13 October was 48.81%, suggesting the stock is Neutral, with historical volatility in this time frame at 77.82%.
As of today, KPLT’s price is $4.92 +9.59% or $0.45 from its 5-day moving average. KPLT is currently trading -18.80% lower than its 20-day SMA and -57.49% lower than its 100-day SMA. However, the stock’s current price level is -42.57% below the SMA50 and -61.09% below the SMA200.
The stochastic %K and %D were 33.72% and 26.99%, respectively, and the average true range (ATR) was 0.50. With the 14-day stochastic at 37.14% and the average true range at 0.57, the RSI (14) stands at 46.76%. The stock has reached 0.22 on the 9-day MACD Oscillator while the 14-day reading was at -0.03.
Cantor Fitzgerald launched coverage on Katapult Holdings Inc. (NASDAQ: KPLT) in its analyst report released on October 05, 2021. The firm assigned the stock a a Neutral rating.The consensus rating for Katapult Holdings Inc. (KPLT) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell KPLT, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is KPLT’s price target for the next 12 months?
Analysts predict a range of price targets between $6.00 and $7.00, with a median target of $6.50. Taking a look at these predictions, the average price target given by analysts for Katapult Holdings Inc. (KPLT) stock is $6.50.