As of Friday close, Farfetch Limited’s (NYSE:FTCH) stock was down -$0.06, moving down -1.15 percent to $5.15. The average number of shares traded per day over the past five days has been 9,794,900 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.43 fall in that time frame. In the last twenty days, the average volume was 10,618,775, while in the previous 50 days, it was 10,184,892.
Since last month, FTCH stock retreated -5.85%. Shares of the company fell to $5.11 on 08/03/23, the lowest level in the past month. A 52-week high of $12.89 was reached on 02/02/23 after having rallying from a 52-week low of $3.64. Since the beginning of this year, FTCH’s stock price has risen by 8.88% or $0.42, and marked a new high 15 times. However, the stock has declined by -60.05% since its 52-week high.
Valuation Metrics
The stock’s beta is 2.96. Besides these, the trailing price-to-sales (P/S) ratio of 0.72, the price-to-book (PB) ratio of 3.16.
Financial Health
In the three months ended March 30, Farfetch Limited’s quick ratio stood at 1.30, while its current ratio was 1.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 1.70, and the total debt-to-equity ratio was 1.76. On the profitability front, the trailing twelve-month gross margin is 43.80% percent. In the year ended March 30, EBITDA margin amounted to -14.83%, whereas operating margins totaled -36.70%. Based on annual data, FTCH earned $1.02 billion in gross profit and brought in $2.32 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 -45.50%. Return on equity (ROE) for the past 12 months was -70.80%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. FTCH’s revenue rose 2.59% during the quarter, while net income inched up to $2.32 billion. While analysts expected Farfetch Limited to report -$0.44 quarterly earnings, the actual figure was -$0.43 per share, beating the consensus estimate by 2.30%. During the quarter, the company generated -$90.69 million in EBITDA. The liabilities of Farfetch Limited were 2.68 billion at the end of its most recent quarter ended March 30, and its total debt was $1.14 billion.
Technical Picture
This quick technical analysis looks at Farfetch Limited’s (FTCH) price momentum. With a historical volatility rate of 57.34%, the RSI 9-day stood at 37.64% on 04 August.
With respect to its five-day moving average, the current Farfetch Limited price is down by -7.71% percent or -$0.43. At present, FTCH shares trade -9.81% below its 20-day simple moving average and +10.75% percent above its 100-day simple moving average. However, the stock is currently trading approximately -3.20% below its SMA50 and -33.63% below its SMA200.
Stochastic coefficient K was 8.11% and Stochastic coefficient D was 15.52%, while ATR was 0.33. Given the Stochastic reading of 3.46% for the 14-day period, the RSI (14) reading has been calculated as 41.85%. As of today, the MACD Oscillator reading stands at -0.15, while the 14-day reading stands at -0.24.
