stoxline Quote Chart Rank Option Currency Glossary
  
Reddit, Inc. (RDDT)
131.44  10.36 (8.56%)    11-07 16:04
Open: 121.57
High: 133.22
Volume: 7,559,036
  
Pre. Close: 121.08
Low: 121.57
Market Cap: 23,262(M)
Technical analysis
2024-11-07 4:55:35 PM
Short term     
Mid term     
Targets 6-month :  155.6 1-year :  181.74
Resists First :  133.22 Second :  155.6
Pivot price 97.88
Supports First :  93.4 Second :  68.8
MAs MA(5) :  119.41 MA(20) :  92.25
MA(100) :  68.41 MA(250) :  0
MACD MACD :  14.3 Signal :  10.2
%K %D K(14,3) :  95.6 D(3) :  88.4
RSI RSI(14): 80.5
52-week High :  133.22 Low :  37.34
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and BULLISH in mid-long term.
[ RDDT ] has closed below upper band by 8.6%. Bollinger Bands are 388% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 6 days. This is a sign that the current trend might continue.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 133.34 - 134.28 134.28 - 135.01
Low: 119.93 - 120.86 120.86 - 121.58
Close: 130.15 - 131.68 131.68 - 132.87
Company Description

Reddit, Inc. operates a website that organizes digital communities. It organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. The company was founded in 2005 and is headquartered in San Francisco, California. Reddit, Inc. operates as a subsidiary of Advance Publications, Inc.

Headline News

Wed, 06 Nov 2024
Reddit Overtakes Snap In Market Value After Election Day Rally - Benzinga

Mon, 04 Nov 2024
Is Reddit Inc. (RDDT) a Buy as Wall Street Analysts Look Optimistic? - MSN

Sun, 03 Nov 2024
Campbell Capital Management Inc. Purchases New Position in Reddit, Inc. (NYSE:RDDT) - MarketBeat

Sat, 02 Nov 2024
26,603 Shares in Reddit, Inc. (NYSE:RDDT) Bought by Biechele Royce Advisors - MarketBeat

Fri, 01 Nov 2024
Bernstein Raises Reddit Inc (RDDT) Price Target, Citing AI Potential Amid Contrasting Valuation Concerns - Insider Monkey

Thu, 31 Oct 2024
Reddit Inc (RDDT) Surges with AI Data Licensing and Advertising Growth, Citi Ups Price Target Amid Strong Q3 Profit and Revenue Forecast - Yahoo Finance

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Underperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Underperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Outperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Neutral
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Outperform
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Communication Services
Industry:
Internet Content & Information
Shares Out 120 (M)
Shares Float 76 (M)
Held by Insiders 18.2 (%)
Held by Institutions 33.4 (%)
Shares Short 7,110 (K)
Shares Short P.Month 5,230 (K)
Stock Financials
EPS -3.08
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 11.35
Profit Margin -47.9 %
Operating Margin 1.9 %
Return on Assets (ttm) -20.5 %
Return on Equity (ttm) -31.8 %
Qtrly Rev. Growth 67.9 %
Gross Profit (p.s.) 0
Sales Per Share 9.35
EBITDA (p.s.) -4.98
Qtrly Earnings Growth 0 %
Operating Cash Flow 115 (M)
Levered Free Cash Flow 292 (M)
Stock Valuations
PE Ratio -42.68
PEG Ratio -0.8
Price to Book value 11.58
Price to Sales 14.05
Price to Cash Flow 137.27
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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