Within its last year performance, ADTH rose by 103.16%, with highs and lows ranging from $3.98 to $1.11, whereas the simple moving average jumped by 74.36% in the last 200 days.
On March 13, 2024, Needham Reiterated AdTheorent Holding Company Inc (NASDAQ: ADTH) to Buy. A report published by Noble Capital Markets on November 30, 2023, Initiated its previous ‘Outperform’ rating for ADTH. Cowen also Downgraded ADTH shares as ‘Market Perform’, setting a target price of $2.50 on the company’s shares in a report dated November 22, 2022. BofA Securities November 10, 2022d the rating to Underperform on November 10, 2022, and set its price target from $8 to $2. Needham resumed its ‘Buy’ rating for ADTH, as published in its report on March 04, 2022. BofA Securities’s report from February 18, 2022 suggests a price prediction of $10 for ADTH shares, giving the stock a ‘Buy’ rating. Needham also rated the stock as ‘Buy’.
Analysis of AdTheorent Holding Company Inc (ADTH)
Further, the quarter-over-quarter increase in sales is 15.21%, showing a positive trend in the upcoming months.
To gain a thorough understanding of AdTheorent Holding Company Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 0.00% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 4.20, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and ADTH is recording an average volume of 646.62K. On a monthly basis, the volatility of the stock is set at 7.53%, whereas on a weekly basis, it is put at 1.40%, with a loss of -0.31% over the past seven days. Furthermore, long-term investors anticipate a median target price of $5.12, showing growth from the present price of $3.21, which can serve as yet another indication of whether ADTH is worth investing in or should be passed over.
How Do You Analyze AdTheorent Holding Company Inc Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 67.41%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 14.74% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ADTH shares are owned by institutional investors to the tune of 14.74% at present.
