Investing In Snap Inc (NYSE: SNAP): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NYSE and operates within the Internet Content & Information industry segment. The current market capitalization of Snap Inc is $18.85B. A total of 16.36 million shares were traded on the day, compared to an average of 28.07M shares.

In the most recent transaction, O’Sullivan Michael J. sold 18,000 shares of SNAP for 10.84 per share on Dec 31 ’24. After the transaction, the General Counsel now owns 498,498 company shares. In a previous transaction on Dec 31 ’24, Michael O’Sullivan Living Trus bought 18,000 shares at 10.77 per share.

Among the insiders who sold shares, Morrow Rebecca disposed of 2,812 shares on Dec 16 ’24 at a per-share price of $11.44. This resulted in the CAO holding 430,252 shares of SNAP after the transaction. In another insider transaction, Andersen Derek sold 94,164 shares at $11.44 per share on Dec 16 ’24. Company shares held by the Chief Financial Officer now total 2,193,806.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, SNAP has a high of $17.75 and a low of $8.29.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on 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 may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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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