Contextlogic Stock Today
| LOGC Stock | USD 7.10 0.14 2.01% |
Performance18 of 100
| Odds Of DistressLess than 14
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Contextlogic is trading at 7.10 as of the 25th of November 2024, a 2.01 percent increase since the beginning of the trading day. The stock's open price was 6.96. Contextlogic has less than a 14 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Contextlogic symbol was changed from WISH on 13th of May 2024. Equity ratings for Contextlogic are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | IPO Date 16th of December 2020 | Category Consumer Cyclical | Classification Consumer Discretionary |
LogicBio Therapeutics, Inc., a genetic medicine company, focuses on developing and commercializing genome editing and gene therapy treatments using its GeneRide and sAAVy platforms. The company was incorporated in 2014 and is headquartered in Lexington, Massachusetts. The company has 26.29 M outstanding shares of which 3.27 M shares are now shorted by private and institutional investors with about 10.65 trading days to cover. More on Contextlogic
Moving against Contextlogic Stock
Contextlogic Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Older Symbol | WISH | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Chairperson CEO | Rishi Bajaj | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Broadline Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NASDAQ Composite, Consumer Discretionary, Broadline Retail, Biotechnology, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsContextlogic can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Contextlogic's financial leverage. It provides some insight into what part of Contextlogic's total assets is financed by creditors.
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Contextlogic (LOGC) is traded on NASDAQ Exchange in USA. It is located in One Sansome Street, San Francisco, CA, United States, 94104 and employs 452 people. Contextlogic was previously known as WISH Old and was traded on NASDAQ Exchange under the symbol WISH. Contextlogic is listed under Broadline Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 186.62 M. Contextlogic conducts business under Broadline Retail sector and is part of Consumer Discretionary industry. The entity has 26.29 M outstanding shares of which 3.27 M shares are now shorted by private and institutional investors with about 10.65 trading days to cover.
Contextlogic currently holds about 38.85 M in cash with (341 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.18.
Check Contextlogic Probability Of Bankruptcy
Ownership AllocationContextlogic holds a total of 26.29 Million outstanding shares. Over half of Contextlogic's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Contextlogic Ownership Details
Contextlogic Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Comprehensive Financial Management Llc | 2024-09-30 | 280.2 K | |
| Geode Capital Management, Llc | 2024-09-30 | 266.7 K | |
| Amvescap Plc. | 2024-06-30 | 233.1 K | |
| Citigroup Inc | 2024-09-30 | 230.6 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 224.4 K | |
| Capricorn Fund Managers Ltd | 2024-09-30 | 220 K | |
| Jane Street Group Llc | 2024-06-30 | 196.5 K | |
| Shay Capital Llc | 2024-06-30 | 182.7 K | |
| Citadel Advisors Llc | 2024-09-30 | 145.2 K | |
| Steel Partners Holdings Lp | 2024-09-30 | 1.3 M | |
| Vanguard Group Inc | 2024-09-30 | 1.1 M |
Contextlogic Historical Income Statement
Contextlogic Stock Against Markets
Contextlogic Corporate Management
| Joanna Forster | General Officer | Profile | |
| Daniel MD | Chief Officer | Profile | |
| Ralph Fong | Head Relations | Profile | |
| Mariana Nacht | Chief Officer | Profile | |
| Leszek MBA | CoFounder Board | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Contextlogic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade Contextlogic Stock refer to our How to Trade Contextlogic Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Contextlogic. If investors know Contextlogic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Contextlogic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.67) | Revenue Per Share 3.818 | Quarterly Revenue Growth (0.91) | Return On Assets (0.26) | Return On Equity (0.66) |
The market value of Contextlogic is measured differently than its book value, which is the value of Contextlogic that is recorded on the company's balance sheet. Investors also form their own opinion of Contextlogic's value that differs from its market value or its book value, called intrinsic value, which is Contextlogic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Contextlogic's market value can be influenced by many factors that don't directly affect Contextlogic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Contextlogic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Contextlogic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Contextlogic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.