Snap Inc. shares have been robust recently. With a current price of EUR 11.56 (as of November 2, 2024), the paper has recorded an increase of 0.26% compared to the previous day. The positive development year-on-year is particularly noteworthy: the share rose by a remarkable 22.08%. This underscores investors’ continued interest in the social media company, best known for its popular app Snapchat.
Financial key figures in focus
Despite the share price increase, the company’s financial metrics remain a challenge. The current price-to-sales ratio (P/S) of 3.53 suggests possible overvaluation. In addition, the price-cash flow ratio (P/CV) of 65.91 indicates a high valuation compared to the cash flow generated. Investors should consider these factors when making investment decisions.
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Snap shares: buy or sell?! New Snap analysis from November 3rd 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 November 3rd you will find out what to do now.
Snap: Buy or Sell? Read more here…
