Chegg Inc Stock Price on September 30, 2023

CHGG Stock  USD 0.51  0.01  2.00%   
If you're considering investing in Chegg Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chegg stands at 0.51, as last reported on the 18th of April 2025, with the highest price reaching 0.53 and the lowest price hitting 0.49 during the day. Chegg Inc secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the company had a -0.22 % return per unit of standard deviation over the last 3 months. Chegg Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chegg's risk adjusted performance of (0.33), and Mean Deviation of 4.61 to double-check the risk estimate we provide.
The Chegg's current Liabilities And Stockholders Equity is estimated to increase to about 1.1 B, while Common Stock Shares Outstanding is projected to decrease to roughly 100.9 M. . At this time, Chegg's Price To Operating Cash Flows Ratio is most likely to increase significantly in the upcoming years. The Chegg's current Price Cash Flow Ratio is estimated to increase to 1.39, while Price To Sales Ratio is projected to decrease to 0.26. Chegg Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Price Book
0.2778
Enterprise Value Ebitda
2.9713
Price Sales
0.0868
Shares Float
99.7 M
Wall Street Target Price
1.2333

Chegg Valuation on September 30, 2023

It is possible to determine the worth of Chegg on a given historical date. On September 30, 2023 Chegg was worth 9.01 at the beginning of the trading date compared to the closed value of 8.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chegg stock. Still, in general, we apply an absolute valuation method to find Chegg's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Chegg where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chegg's related companies.
 Open High Low Close Volume
  8.74    9.00    8.66    8.94    1,978,440  
09/29/2023
  9.01    9.18    8.88    8.92    2,621,649  
  8.94    9.03    8.65    8.75    1,603,029  
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Open Value
9.01
8.92
Closing Value
29.41
Upside

Chegg Trading Date Momentum on September 30, 2023

On October 02 2023 Chegg Inc was traded for  8.75  at the closing time. The top price for the day was 9.03  and the lowest listed price was  8.65 . The trading volume for the day was 1.6 M. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.91% . The overall trading delta against the current closing price is 7.51% .

Chegg Inc Fundamentals Correlations and Trends

By evaluating Chegg's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Chegg's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chegg financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Chegg Stock history

Chegg investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Chegg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chegg Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Chegg stock prices may prove useful in developing a viable investing in Chegg
Last ReportedProjected for Next Year
Common Stock Shares Outstanding103.3 M100.9 M
Net Income Applicable To Common Shares306.6 M322 M

Chegg Stock Technical Analysis

Chegg technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Chegg technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chegg trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Chegg Period Price Range

Low
April 18, 2025
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High

 0.00 

     

 0.00 

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Chegg April 18, 2025 Market Strength

Market strength indicators help investors to evaluate how Chegg stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chegg shares will generate the highest return on investment. By undertsting and applying Chegg stock market strength indicators, traders can identify Chegg Inc entry and exit signals to maximize returns

Chegg Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Chegg's price direction in advance. Along with the technical and fundamental analysis of Chegg Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chegg to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Chegg Stock analysis

When running Chegg's price analysis, check to measure Chegg's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chegg is operating at the current time. Most of Chegg's value examination focuses on studying past and present price action to predict the probability of Chegg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chegg's price. Additionally, you may evaluate how the addition of Chegg to your portfolios can decrease your overall portfolio volatility.
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