After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Duolingo Inc. (DUOL) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.68, or 0.41%, to $165.55. The Duolingo Inc. has recorded 91,768 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Duolingo Reports 62% DAU Growth, 44% Revenue Growth, and Stronger Profitability in Second Quarter 2023; Raises Full Year Guidance.
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Stocks Info
This NASDAQ-listed company operates within the Software – Application industry segment, falling under the Technology sector. At the end of the last regular session, the stock closed at $164.87 and fluctuated between $167.34 as its day high and $156.03 as its day low. The current market capitalization of Duolingo Inc. is $6.78B. A total of 0.81 million shares were traded on the day, compared to an average of 518.61K shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, DUOL has seen 0 BUY and 11 SELL insider trades, representing the acquisition of 0 and the disposition of 54,365 shares. Over the last 12 months, there were 66 BUYs and 133 SELLs from insiders. Insiders purchased 1,268,560 shares during that period but sold 514,009.
In the most recent transaction, Chen Stephen C. sold 8,842 shares of DUOL for 160.38 per share on Sep 11. After the transaction, the General Counsel now owns 36,021 company shares. In a previous transaction on Sep 08, Skaruppa Matthew sold 15,853 shares at 157.14 per share. DUOL shares that Chief Financial Officer owns now total 56,141.
Among the insiders who sold shares, Chen Stephen C. disposed of 5,325 shares on Sep 08 at a per-share price of $160.08. This resulted in the General Counsel holding 36,021 shares of DUOL after the transaction. In another insider transaction, Hacker Severin sold 10,000 shares at $148.80 per share on Sep 01. Company shares held by the Chief Tech Officer, Co-Founder now total 0.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for DUOL in the last 3 months, the mean price target is $159.80 with high estimates of $180.00 and low estimates of $140.00. In terms of 52-week highs and lows, DUOL has a high of $168.40 and a low of $64.73.
As of this writing, DUOL has an earnings estimate of -$0.15 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.01 per share and a lower estimate of -$0.44. The company reported an EPS of -$0.06 in the last quarter, which was 73.90% higher than expectations of -$0.23.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. DUOL’s latest balance sheet shows that the firm has $553.92M in Cash & Short Term Investments as of fiscal 2021. There were $29.12M in debt and $119.13M in liabilities at the time. Its Book Value Per Share was $14.47, while its Total Shareholder’s Equity was $513.06M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DUOL is Buy with a score of 3.56.