While LiveRamp Holdings Inc has underperformed by -1.14%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, RAMP rose by 41.93%, with highs and lows ranging from $42.66 to $22.52, whereas the simple moving average fell by -2.94% in the last 200 days.
On February 01, 2024, Evercore ISI started tracking LiveRamp Holdings Inc (NYSE: RAMP) recommending Outperform. A report published by The Benchmark Company on June 21, 2023, Upgraded its rating to ‘Buy’ for RAMP. Berenberg initiated its ‘Buy’ rating for RAMP, as published in its report on September 22, 2021. BMO Capital Markets’s report from March 04, 2021 suggests a price prediction of $65 for RAMP shares, giving the stock a ‘Market Perform’ rating. Craig Hallum also rated the stock as ‘Buy’.
Analysis of LiveRamp Holdings Inc (RAMP)
Further, the quarter-over-quarter increase in sales is 9.62%, showing a positive trend in the upcoming months.
LiveRamp Holdings Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -2.12% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 3.69, 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.
The average volume for any stock is also a very valuable indicator of volatility, and RAMP has an average volume of 602.96K. On a monthly basis, the volatility of the stock is set at 2.70%, whereas on a weekly basis, it is put at 2.44%, with a loss of -0.59% over the past seven days. Furthermore, long-term investors anticipate a median target price of $46.89, showing growth from the present price of $31.99, which can serve as yet another indication of whether RAMP is worth investing in or should be passed over.
How Do You Analyze LiveRamp Holdings Inc Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. 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 3.20%. 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 92.39% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
RAMP shares are owned by institutional investors to the tune of 92.39% at present.
