The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
The company's current financial score is 9.61, which is higher than the Software & IT Services industry's average of 7.27. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 21.77M, representing a year-over-year increase of 14.26%, while its net profit experienced a year-over-year increase of 1.86%.
The company’s current valuation score is 2.47, which is higher than the Software & IT Services industry's average of 2.10. Its current P/E ratio is 79.83, which is 28.25% below the recent high of 102.38 and 69.02% above the recent low of 24.73.
The company’s current earnings forecast score is 8.00, which is higher than the Software & IT Services industry's average of 7.60. The average price target for Red Violet Inc is 56.00, with a high of 60.00 and a low of 52.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 8.94, which is higher than the Software & IT Services industry's average of 7.42. Sideways: Currently, the stock price is trading between the resistance level at 54.92 and the support level at 43.98, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 7.00, which is higher than the Software & IT Services industry's average of 6.81. The latest institutional shareholding proportion is 87.38%, representing a quarter-over-quarter increase of 0.69%. The largest institutional shareholder is The Vanguard, holding a total of 895.09K shares, representing 6.40% of shares outstanding, with 46.65% increase in holdings.
The company’s current risk assessment score is 6.04, which is higher than the Software & IT Services industry's average of 4.01. The company's beta value is 1.70. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.
