Analyzing Clarivate Plc (CLVT) By Technical Indicators

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As of Wednesday close, Clarivate Plc’s (NYSE:CLVT) stock was up $0.6, moving up 6.49 percent to $9.84. The average number of shares traded per day over the past five days has been 8,713,020 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.40 fall in that time frame. In the last twenty days, the average volume was 6,862,935, while in the previous 50 days, it was 8,362,974.

Since last month, CLVT stock retreated -2.86%. Shares of the company fell to $8.00 on 11/08/22, the lowest level in the past month. A 52-week high of $25.63 was reached on 01/03/22 after having rallying from a 52-week low of $8.00. Since the beginning of this year, CLVT’s stock price has dropped by -58.16% or -$13.68, and marked a new high 1 time. However, the stock has declined by -61.61% since its 52-week high.


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CLVT stock investors should be aware that Clarivate Plc (CLVT) stock had its last reported insider trading activity 10 days ago on Nov 15. Samson James Gordon, the Chief Product Officer of the company, disposed of 100,000 shares for $10.48 on Nov 15. It resulted in a $1,048,110 divestment by the insider. Snyder Andrew Miles added 51,063 shares at an average price of $11.58 on Sep 15. The insider now owns 259,396 shares following the transaction. On Sep 14, Director Snyder Andrew Miles bought 208,333 shares at $11.61 apiece. The transaction was valued at $2,418,746.

Valuation Metrics

The stock’s beta is 0.97. Besides these, the trailing price-to-sales (P/S) ratio of 2.73, the price-to-book (PB) ratio of 1.42, and the price-to-cash flow ratio of 34.45 may also be considered.

Financial Health

In the three months ended September 29, Clarivate Plc’s quick ratio stood at 0.90, while its current ratio was 0.90, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 1.16, and the total debt-to-equity ratio was 1.17. On the profitability front, the trailing twelve-month gross margin is 64.50% percent. Based on annual data, CLVT earned $1.25 billion in gross profit and brought in $1.88 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -0.10%. Return on equity (ROE) for the past 12 months was -50.80%.

In Clarivate Plc’s quarter-end financial report for September 29, it reported total debt of $5.42 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. CLVT’s revenue rose 30.45% to $686.6 million during the quarter, while net income inched up to $635.7 million. While analysts expected Clarivate Plc to report $0.18 quarterly earnings, the actual figure was $0.2 per share, beating the consensus estimate by 11.10%. During the quarter, the company generated -$4.21 billion in EBITDA. The liabilities of Clarivate Plc were 7.67 billion at the end of its most recent quarter ended September 29, and its total debt was $5.58 billion. The value of shareholders’ equity is $674.19 million.

Technical Picture

This quick technical analysis looks at Clarivate Plc’s (CLVT) price momentum. With a historical volatility rate of 69.61%, the RSI 9-day stood at 50.90% on 23 November.

With respect to its five-day moving average, the current Clarivate Plc price is down by -3.91% percent or -$0.40. At present, CLVT shares trade -3.62% below its 20-day simple moving average and -30.31% percent below its 100-day simple moving average. However, the stock is currently trading approximately -15.03% below its SMA50 and -38.65% below its SMA200.

Stochastic coefficient K was 53.38% and Stochastic coefficient D was 50.60%, while ATR was 0.61. Given the Stochastic reading of 66.67% for the 14-day period, the RSI (14) reading has been calculated as 49.74%. As of today, the MACD Oscillator reading stands at -0.40, while the 14-day reading stands at -0.36.

Analyst Ratings

Wells Fargo launched its rating on Clarivate Plc (NYSE: CLVT) to an Overweight in a note to investors on July 13, 2022. Clarivate Plc (CLVT) has been rated Buy by analysts. According to 0 brokerage firms, CLVT is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Clarivate Plc stock as buy, with 7 recommending it as overweight.

With a median target price of $12.50, the current consensus forecast for the stock is $10.00 – $14.50. Based on these forecasts, analysts predict Clarivate Plc (CLVT) will achieve an average price target of $12.44.

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