Is Snap Inc (NYSE: SNAP) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

SNAP belongs to the Communication Services sector of the NYSE while operating in the Internet Content & Information industry. The current market capitalization of Snap Inc is $20.66B. A total of 27.98 million shares were traded on the day, compared to an average of 27.68M shares.

In the most recent transaction, Michael O’Sullivan Living Trus bought 18,000 shares of SNAP for 11.61 per share on Nov 29 ’24. In a previous transaction on Nov 21 ’24, Young Eric sold 50,000 shares at 10.54 per share. SNAP shares that SVP of Engineering owns now total 752,110.

Among the insiders who bought shares, Young Eric acquired of 50,000 shares on Nov 21 ’24 at a per-share price of $10.54. In another insider transaction, Young Eric sold 112,020 shares at $10.55 per share on Nov 18 ’24. Company shares held by the SVP of Engineering now total 2,791,048.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, SNAP has a high of $17.90 and a low of $8.29.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. SNAP’s latest balance sheet shows that the firm has $3.69B in Cash & Short Term Investments as of fiscal 2021. There were $2.63B in debt and $851.79M in liabilities at the time. Its Book Value Per Share was $1.32, while its Total Shareholder’s Equity was $3.79B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SNAP is Buy with a score of 3.47.

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