Snap shares experienced a positive upswing on Friday afternoon and were one of the best-ranked stocks of the day. This positive movement comes against the backdrop of overall solid development in recent months. With a market capitalization of 13.6 billion euros and a current price of 9.65 euros, the share increased by 5.12% year-on-year.
Financial key figures in focus
Despite the recent price increase, the valuation of Snap shares remains challenging. The price-to-sales ratio is currently 2.94, while the price-to-cash flow ratio is considered relatively high at 55.01. A price-earnings ratio of 52.57 is forecast for the coming year, indicating an ambitious valuation.
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Snap shares: buy or sell?! New Snap analysis from October 20th provides the answer:
The latest Snap numbers speak for themselves: there is an urgent need for action for Snap shareholders. Is it worth getting started or should you sell? In the current free analysis from October 20th you will find out what to do now.
Snap: Buy or sell? Read more here…
