Contextlogic Stock Today

LOGC Stock  USD 7.42  0.08  1.07%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 12

 
High
 
Low
Low
Contextlogic is trading at 7.42 as of the 30th of January 2025, a 1.07 percent decrease since the beginning of the trading day. The stock's open price was 7.5. Contextlogic has less than a 12 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Contextlogic symbol was changed from WISH on 13th of May 2024. The performance scores are derived for the period starting the 31st of December 2024 and ending today, the 30th of January 2025. 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 2.71 M shares are now shorted by private and institutional investors with about 12.75 trading days to cover. More on Contextlogic

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Contextlogic Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Older SymbolWISH
Chairperson CEORishi Bajaj
Thematic IdeaMarketing (View all Themes)
Business ConcentrationBroadline Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NASDAQ Composite, Marketing, Consumer Discretionary, Broadline Retail, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.120.78
Way Up
Pretty Stable
Gross Profit Margin0.450.24
Way Up
Slightly volatile
Total Current Liabilities167.6 M176.4 M
Notably Down
Slightly volatile
Non Current Liabilities Total8.6 MM
Notably Down
Slightly volatile
Total Assets361.7 M380.7 M
Notably Down
Slightly volatile
Total Current Assets350.6 M369 M
Notably Down
Slightly volatile
Debt Levels
Contextlogic 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.
Liquidity
Contextlogic currently holds 6 M in liabilities with Debt to Equity (D/E) ratio of 0.54, which is about average as compared to similar companies. Contextlogic has a current ratio of 2.21, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Contextlogic's use of debt, we should always consider it together with its cash and equity.

Investments

136.45 Million
Contextlogic (LOGC) is traded on NASDAQ Exchange in USA. It is located in 2648 International Blvd, Oakland, CA, United States, 94601 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 197.01 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 2.71 M shares are now shorted by private and institutional investors with about 12.75 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 Allocation
Contextlogic 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

InstituionRecorded OnShares
Shay Capital Llc2024-09-30
273.1 K
Geode Capital Management, Llc2024-09-30
266.7 K
Amvescap Plc.2024-09-30
234.1 K
Citigroup Inc2024-09-30
230.6 K
Capricorn Fund Managers Ltd2024-09-30
220 K
Millennium Management Llc2024-09-30
161.5 K
Jane Street Group Llc2024-09-30
157 K
Bank Of America Corp2024-09-30
148.6 K
Citadel Advisors Llc2024-09-30
145.2 K
Steel Partners Holdings Lp2024-09-30
1.3 M
Vanguard Group Inc2024-09-30
1.1 M
View Contextlogic Diagnostics

Contextlogic Historical Income Statement

At present, Contextlogic's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 127.4 M, whereas Tax Provision is forecasted to decline to about 2.8 M. View More Fundamentals

Contextlogic Stock Against Markets

Contextlogic Corporate Management

Joanna ForsterGeneral OfficerProfile
Daniel MDChief OfficerProfile
Ralph FongHead RelationsProfile
Mariana NachtChief OfficerProfile
Leszek MBACoFounder BoardProfile
When determining whether Contextlogic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Contextlogic's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Contextlogic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Contextlogic Stock:
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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.