Contextlogic Inc

Company Profile

Contextlogic Inc had its IPO on 2020-12-16 under the ticker symbol WISH.

The company operates in the Consumer Cyclical sector and Internet Retail industry. Contextlogic Inc has a staff strength of 495 employees.

Stock update

Shares of Contextlogic Inc opened at $4.89 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $4.76 - $5.04, and closed at $4.78.

This is a -2.85% slip from the previous day's closing price.

A total volume of 503,049 shares were traded at the close of the day’s session.

In the last one week, shares of Contextlogic Inc have slipped by -9.13%.

Contextlogic Inc's Key Ratios

Contextlogic Inc has a market cap of $127.95 million, indicating a price to book ratio of 0.753 and a price to sales ratio of 0.6123.

In the last 12-months Contextlogic Inc’s revenue was $422 million with a gross profit of $166 million and an EBITDA of $-382000000. The EBITDA ratio measures Contextlogic Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Contextlogic Inc’s operating margin was -91.47% while its return on assets stood at -29.93% with a return of equity of -79.1%.

In Q2, Contextlogic Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 41.8%.

Contextlogic Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-17.23 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Contextlogic Inc’s profitability.

Contextlogic Inc stock is trading at a EV to sales ratio of 0.134 and a EV to EBITDA ratio of 1.0499. Its price to sales ratio in the trailing 12-months stood at 0.6123.

Contextlogic Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$584.00 million

Total Liabilities

$236.00 million

Operating Cash Flow

$0

Capital Expenditure

$3000

Dividend Payout Ratio

0%

Contextlogic Inc ended 2024 with $584.00 million in total assets and $0 in total liabilities. Its intangible assets were valued at $584.00 million while shareholder equity stood at $337.00 million.

Contextlogic Inc ended 2024 with $0 in deferred long-term liabilities, $236.00 million in other current liabilities, in common stock, $-3098000000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $318.00 million and cash and short-term investments were $531.00 million. The company’s total short-term debt was $183,000,000 while long-term debt stood at $0.

Contextlogic Inc’s total current assets stands at $565.00 million while long-term investments were $0 and short-term investments were $213.00 million. Its net receivables were $4.00 million compared to accounts payable of $36.00 million and inventory worth $0.

In 2024, Contextlogic Inc's operating cash flow was $0 while its capital expenditure stood at $3000.

Comparatively, Contextlogic Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$4.78

52-Week High

$35.4

52-Week Low

$4.76

Analyst Target Price

$7.56

Contextlogic Inc stock is currently trading at $4.78 per share. It touched a 52-week high of $35.4 and a 52-week low of $35.4. Analysts tracking the stock have a 12-month average target price of $7.56.

Its 50-day moving average was $6.7 and 200-day moving average was $11.73 The short ratio stood at 2.42 indicating a short percent outstanding of 0%.

Around 954.4% of the company’s stock are held by insiders while 4090.6% are held by institutions.