Fiverr International (NYSE:FVRR) Given Consensus Rating of "Hold" by Analysts

Fiverr International (NYSE:FVRR - Get Free Report) has earned a consensus rating of "Hold" from the eleven ratings firms that are covering the company, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $36.00.

Several analysts recently issued reports on the stock. Scotiabank boosted their price objective on shares of Fiverr International from $31.00 to $34.00 and gave the company a "sector outperform" rating in a report on Thursday, May 8th. Wall Street Zen lowered shares of Fiverr International from a "strong-buy" rating to a "buy" rating in a research note on Sunday, June 29th. JPMorgan Chase & Co. boosted their price target on shares of Fiverr International from $27.00 to $32.00 and gave the stock a "neutral" rating in a research note on Friday, May 9th. The Goldman Sachs Group boosted their price target on shares of Fiverr International from $41.00 to $47.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Finally, Citigroup boosted their price objective on Fiverr International from $39.00 to $40.00 and gave the stock a "buy" rating in a research report on Friday, May 23rd.

Fiverr International Price Performance

Fiverr International stock traded down $0.60 during trading on Friday, reaching $26.41. The company had a trading volume of 276,030 shares, compared to its average volume of 678,348. Fiverr International has a 1-year low of $20.83 and a 1-year high of $36.11. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.20 and a current ratio of 1.20. The firm's 50-day simple moving average is $30.57 and its 200 day simple moving average is $28.96. The firm has a market capitalization of $946.46 million, a PE ratio of 56.48 and a beta of 1.54.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FVRR. Jones Financial Companies Lllp increased its position in Fiverr International by 134.9% during the 4th quarter. Jones Financial Companies Lllp now owns 1,031 shares of the company's stock worth $33,000 after purchasing an additional 592 shares in the last quarter. Huntington National Bank boosted its holdings in shares of Fiverr International by 38.3% during the fourth quarter. Huntington National Bank now owns 1,465 shares of the company's stock valued at $46,000 after acquiring an additional 406 shares during the period. KLP Kapitalforvaltning AS acquired a new position in shares of Fiverr International during the fourth quarter valued at $187,000. Quantbot Technologies LP boosted its holdings in shares of Fiverr International by 5,825.9% during the first quarter. Quantbot Technologies LP now owns 11,911 shares of the company's stock valued at $282,000 after acquiring an additional 11,710 shares during the period. Finally, Legato Capital Management LLC acquired a new position in shares of Fiverr International during the first quarter valued at $516,000. Hedge funds and other institutional investors own 59.00% of the company's stock.

Fiverr International Company Profile

Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company's platform includes various categories in ten verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and tech, business, data, lifestyle, and photography.