Weave Communications Stock Today

WEAV Stock  USD 13.91  0.47  3.50%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 20

 
High
 
Low
Low
Weave Communications is selling for under 13.91 as of the 24th of November 2024; that is 3.50 percent increase since the beginning of the trading day. The stock's lowest day price was 12.81. Weave Communications has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat ok performance during the last 90 days. Equity ratings for Weave Communications are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
11th of November 2021
Category
Healthcare
Classification
Information Technology
Weave Communications, Inc. provides a customer communications and engagement software platform in the United States and Canada. Weave Communications, Inc. was founded in 2008 and is headquartered in Lehi, Utah. Weave Communications operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. The company has 72.77 M outstanding shares of which 946.31 K shares are at this time shorted by private and institutional investors with about 1.22 trading days to cover. More on Weave Communications

Moving against Weave Stock

  0.79KDLYW Kindly MD, WarrantsPairCorr
  0.76VSEEW VSee Health, Symbol ChangePairCorr

Weave Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chief Executive OfficerRoy Banks
Business ConcentrationApplication Software, Health Information Services, Information Technology, NYSE Composite, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.540.848
Way Down
Slightly volatile
Gross Profit Margin0.490.681
Way Down
Very volatile
Total Current Liabilities60.9 M72.9 M
Fairly Down
Slightly volatile
Non Current Liabilities Total31.9 M49.2 M
Way Down
Slightly volatile
Total Assets176 M201 M
Fairly Down
Slightly volatile
Total Current Assets126.3 M129.8 M
Fairly Down
Slightly volatile
Debt Levels
Weave Communications 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 Weave Communications' financial leverage. It provides some insight into what part of Weave Communications' total assets is financed by creditors.
Liquidity
Weave Communications currently holds 59.54 M in liabilities with Debt to Equity (D/E) ratio of 0.82, which is about average as compared to similar companies. Weave Communications has a current ratio of 2.16, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Weave Communications' use of debt, we should always consider it together with its cash and equity.

Total Cashflows From Investing Activities

(46.19 Million)
Weave Communications (WEAV) is traded on New York Stock Exchange in USA. It is located in 1331 West Powell Way, Lehi, UT, United States, 84043 and employs 844 people. Weave Communications is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.01 B. Weave Communications conducts business under Software sector and is part of Information Technology industry. The entity has 72.77 M outstanding shares of which 946.31 K shares are at this time shorted by private and institutional investors with about 1.22 trading days to cover. Weave Communications currently holds about 124.33 M in cash with 10.22 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.91.
Check Weave Communications Probability Of Bankruptcy
Ownership Allocation
Weave Communications retains a total of 72.77 Million outstanding shares. The majority of Weave Communications outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Weave Communications to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Weave Communications. Please pay attention to any change in the institutional holdings of Weave Communications as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Weave Ownership Details

Weave Stock Institutional Holders

InstituionRecorded OnShares
Renaissance Technologies Corp2024-09-30
635.8 K
Lord, Abbett & Co Llc2024-06-30
634.2 K
Oberweis Asset Management Inc2024-06-30
609.4 K
Fidelity International Ltd2024-06-30
588.6 K
Silvercrest Asset Management Group Llc2024-06-30
584.6 K
Pathway Capital Management Llc2024-09-30
571 K
Nuveen Asset Management, Llc2024-06-30
534.9 K
Nishkama Capital, Llc2024-06-30
486.5 K
Charles Schwab Investment Management Inc2024-09-30
435.1 K
Crosslink Capital Inc2024-06-30
9.6 M
Pelion, Inc.2024-09-30
5.5 M
View Weave Communications Diagnostics

Weave Communications Historical Income Statement

At this time, Weave Communications' Tax Provision is fairly stable compared to the past year. Depreciation And Amortization is likely to climb to about 19.3 M in 2024, whereas Interest Expense is likely to drop slightly above 1.4 M in 2024. View More Fundamentals

Weave Stock Against Markets

Weave Communications Corporate Management

Already Invested in Weave Communications?

The danger of trading Weave Communications is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Weave Communications is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Weave Communications. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Weave Communications is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Weave Stock Analysis

When running Weave Communications' price analysis, check to measure Weave Communications' 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 Weave Communications is operating at the current time. Most of Weave Communications' value examination focuses on studying past and present price action to predict the probability of Weave Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weave Communications' price. Additionally, you may evaluate how the addition of Weave Communications to your portfolios can decrease your overall portfolio volatility.