NYSE:FVRR - Get Free Report )'s share price gapped up prior to trading on Thursday . The stock had previously closed at $20.32, but opened at $22.00. Fiverr International shares last traded at $23.38, with a volume of 582,295 shares.
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Analyst Upgrades and Downgrades FVRR has been the subject of several recent research reports. Piper Sandler lowered Fiverr International from an "overweight" rating to a "neutral" rating and dropped their price target for the stock from $30.00 to $25.00 in a research report on Thursday, February 22nd. Citigroup decreased their price target on Fiverr International from $37.00 to $32.00 and set a "buy" rating on the stock in a report on Friday, February 23rd. Needham & Company LLC reaffirmed a "buy" rating and set a $33.00 price objective on shares of Fiverr International in a research note on Thursday. Royal Bank of Canada reduced their target price on shares of Fiverr International from $30.00 to $26.00 and set a "sector perform" rating on the stock in a research note on Friday, February 23rd. Finally, JMP Securities restated a "market outperform" rating and issued a $40.00 target price on shares of Fiverr International in a report on Tuesday, January 30th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $33.73.
Get Our Latest Stock Analysis on FVRR
Fiverr International Trading Up 10.2 % The stock's fifty day moving average price is $21.12 and its 200 day moving average price is $24.08. The stock has a market capitalization of $865.46 million, a P/E ratio of 249.00 and a beta of 1.70. The company has a debt-to-equity ratio of 1.30, a current ratio of 2.89 and a quick ratio of 2.89.
Fiverr International (NYSE:FVRR - Get Free Report ) last issued its earnings results on Thursday, February 22nd. The company reported $0.56 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.04. Fiverr International had a net margin of 1.02% and a return on equity of 3.71%. The business had revenue of $91.50 million for the quarter, compared to the consensus estimate of $97.00 million. During the same period in the prior year, the firm earned ($0.19) EPS. The company's revenue for the quarter was up 10.1% compared to the same quarter last year. Research analysts forecast that Fiverr International Ltd. will post 0.69 earnings per share for the current year.
Institutional Trading of Fiverr International Institutional investors and hedge funds have recently made changes to their positions in the company. Migdal Insurance & Financial Holdings Ltd. grew its holdings in Fiverr International by 144.5% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 862,955 shares of the company's stock worth $23,490,000 after acquiring an additional 510,000 shares in the last quarter. Engine Capital Management LP bought a new position in shares of Fiverr International during the fourth quarter valued at approximately $19,193,000. Lord Abbett & CO. LLC purchased a new position in Fiverr International during the third quarter valued at approximately $3,291,000. Arkadios Wealth Advisors raised its stake in Fiverr International by 28.0% in the first quarter. Arkadios Wealth Advisors now owns 117,105 shares of the company's stock worth $2,467,000 after buying an additional 25,613 shares in the last quarter. Finally, Essex Investment Management Co. LLC lifted its holdings in Fiverr International by 12.9% during the fourth quarter. Essex Investment Management Co. LLC now owns 84,770 shares of the company's stock worth $2,307,000 after buying an additional 9,694 shares during the period. 59.00% of the stock is currently owned by institutional investors.
About Fiverr International (
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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.
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