In the current trading session, Definitive Healthcare Corp.’s (DH) stock is trading at the price of $22.21, a fall of -24.28% over last night’s close. So, the stock is trading at a price that is -55.84% less than its 52-week high of $50.30 and 50.47% better than its 52-week low of $14.76. Based on the past 30-day period, the stock price is -25.27% below the high and +3.69% above the low.
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The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, DH’s SMA-200 is $25.31.
Furthermore, one should take into account the price to sales ratio of a company for the last year, which is 25.64. DH’s price to book ratio for the most recent quarter was 3.26, resulting in an 12.57 price to cash per share for the period.
How does Definitive Healthcare Corp. (DH) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 10 brokerage firms that recommend the stock as a Moderate Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 4.00 in simple terms.
Definitive Healthcare Corp. (DH): Earnings History
If we examine Definitive Healthcare Corp.’s recent earnings history, in the last quarter ended on 3/30/2022, it posted adjusted earnings per share of $0.05, slashing the consensus of $0.03. In other words, it topped the consensus by $0.02, resulting in a 66.70% surprise. In the 3 months period before the previous quarter which was closed on 3/30/2022, the stock recorded adjusted earnings per share of $0.05 in contrast with the Outlook of $0.03. That was a difference of $0.02 and a surprise of 66.70%.
Definitive Healthcare Corp. (NASDAQ: DH) Ownership Details
I will give a breakdown of the key shareholders in Definitive Healthcare Corp. (DH). Recent figures show that the company’s insiders hold 2.08% of shares. A total of 147 institutional investors hold shares in the company, making 106.03% of its stock and 108.28% of its float.
Mar 30, 2022, it was reported that the Company’s largest institutional holder is Advent International Corporation holding total of 62.49 million shares that make 63.99% of the company’s total number of shares and are currently priced at 1.54 billion.
The securities firm Echo Street Capital Management LLC holds 5.51 million shares of DH, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 5.64%, and the holding percentage of shares is valued at 135.88 million.
An overview of Definitive Healthcare Corp.’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Definitive Healthcare Corp. (DH) traded 388,301 shares per day, with a moving average of $25.38 and price change of -2.88. With the moving average of $22.87 and a price change of +5.39, about 516,320 shares changed hands on average over the past 50 days. Finally, DH’s 100-day average volume is 545,978 shares, alongside a moving average of $22.62 and a price change of +3.98.