As of Friday close, Certara Inc.’s (NASDAQ:CERT) stock was down -$0.19, moving down -1.17 percent to $16.04. The average number of shares traded per day over the past five days has been 798,100 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.63 fall in that time frame. In the last twenty days, the average volume was 712,635, while in the previous 50 days, it was 1,028,664.
Since last month, CERT stock retreated -15.71%. Shares of the company fell to $14.71 on 08/10/23, the lowest level in the past month. A 52-week high of $24.96 was reached on 04/21/23 after having rallying from a 52-week low of $10.60. Since the beginning of this year, CERT’s stock price has dropped by -0.19% or -$0.03, and marked a new high 15 times. However, the stock has declined by -35.74% since its 52-week high.
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CERT stock investors should be aware that Certara Inc. (CERT) stock had its last reported insider trading activity 75 days ago on Jun 05. SMITH PATRICK F, the PRESIDENT, INTEGRATED DRUG DEV of the company, disposed of 19,104 shares for $21.55 on Jun 05. It resulted in a $411,691 divestment by the insider. Traynor Richard M. sold 5,000 shares at an average price of $20.82 on May 11. The insider now owns 177,368 shares following the transaction. On Apr 14, SVP AND GENERAL COUNSEL Traynor Richard M. sold 5,000 shares at $23.66 apiece. The transaction was valued at $118,300.
Valuation Metrics
Right now, Certara Inc. (CERT) has a P/E ratio of about 133.67. The stock’s beta is 1.48. Besides these, the trailing price-to-sales (P/S) ratio of 7.23, the price-to-book (PB) ratio of 2.32, and the price-to-cash flow ratio of 34.35 may also be considered.
Financial Health
In the three months ended June 29, Certara Inc.’s quick ratio stood at 3.40, while its current ratio was 3.40, 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 June 29 was 0.26, and the total debt-to-equity ratio was 0.27. On the profitability front, the trailing twelve-month gross margin is 61.50% percent. In the year ended June 29, operating margins totaled 12.10%. Based on annual data, CERT earned $203.07 million in gross profit and brought in $335.64 million 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 2.10%. Return on equity (ROE) for the past 12 months was 1.80%.
In Certara Inc.’s quarter-end financial report for June 29, it reported total debt of $289.1 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. CERT’s revenue rose 8.5% to $90.3 million during the quarter, while net income inched up to $90.45 million. While analysts expected Certara Inc. to report $0.13 quarterly earnings, the actual figure was $0.12 per share, beating the consensus estimate by -7.70%. During the quarter, the company generated $26.95 million in EBITDA. The liabilities of Certara Inc. were 475.05 million at the end of its most recent quarter ended June 29, and its total debt was $305.05 million. The value of shareholders’ equity is $159.78 million.
Technical Picture
This quick technical analysis looks at Certara Inc.’s (CERT) price momentum. With a historical volatility rate of 42.92%, the RSI 9-day stood at 25.80% on 18 August.
With respect to its five-day moving average, the current Certara Inc. price is down by -3.78% percent or -$0.63. At present, CERT shares trade -17.23% below its 20-day simple moving average and -32.75% percent below its 100-day simple moving average. However, the stock is currently trading approximately -14.45% below its SMA50 and +31.15% above its SMA200.
Stochastic coefficient K was 32.73% and Stochastic coefficient D was 38.48%, while ATR was 0.79. Given the Stochastic reading of 28.60% for the 14-day period, the RSI (14) reading has been calculated as 31.55%. As of today, the MACD Oscillator reading stands at -0.65, while the 14-day reading stands at -1.23.
Analyst Ratings
Certara Inc. downgraded its rating on Certara Inc. (NASDAQ: CERT) to a Mkt perform in a note to investors on August 10, 2023. The analysts firm previously had an Outperform rating on the stock.Certara Inc. (CERT) has been rated Overweight by analysts. According to 0 brokerage firms, CERT is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Certara Inc. stock as buy, with 5 recommending it as overweight.
With a median target price of $21.00, the current consensus forecast for the stock is $16.00 – $24.50. Based on these forecasts, analysts predict Certara Inc. (CERT) will achieve an average price target of $20.56.
