Reddit, Stock Today

RDDT Stock   140.04  0.00  0.00%   

Performance

18 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 21

 
High
 
Low
Low
Reddit, is selling for under 140.04 as of the 28th of November 2024; that is No Change since the beginning of the trading day. The stock's last reported lowest price was 134.46. Reddit, has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Equity ratings for Reddit, are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
21st of March 2024
Category
Communication Services
Reddit, is entity of United States. It is traded as Stock on NYSE exchange. The company has 94.96 M outstanding shares of which 7.11 M shares are at this time shorted by private and institutional investors with about 1.61 trading days to cover. More on Reddit,

Moving together with Reddit, Stock

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Moving against Reddit, Stock

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Reddit, Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO, CoFounderSteven Huffman
Business ConcentrationInteractive Media & Services, Internet Content & Information, Communication Services, Communication Services, Interactive Media & Services, Internet Content & Information, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.330.5036
Way Down
Slightly volatile
Gross Profit Margin0.660.8619
Way Down
Pretty Stable
Total Current Liabilities99.1 M133.6 M
Way Down
Slightly volatile
Non Current Liabilities Total21.2 M22.3 M
Notably Down
Very volatile
Total Assets1.5 B1.6 B
Significantly Down
Slightly volatile
Total Current Assets1.4 B1.5 B
Notably Down
Slightly volatile
Debt Levels
Reddit, can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Reddit,'s financial leverage. It provides some insight into what part of Reddit,'s total assets is financed by creditors.
Liquidity
Reddit, currently holds 25.75 M in liabilities. Note, when we think about Reddit,'s use of debt, we should always consider it together with its cash and equity.

Depreciation

7.27 Million
Reddit, (RDDT) is traded on New York Stock Exchange in USA. It is located in 303 2nd Street, San Francisco, CA, United States, 94107 and employs 14 people. Reddit, is listed under Interactive Media & Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 19.25 B. Reddit, conducts business under Interactive Media & Services sector and is part of Communication Services industry. The entity has 94.96 M outstanding shares of which 7.11 M shares are at this time shorted by private and institutional investors with about 1.61 trading days to cover. Reddit, generates negative cash flow from operations
Check Reddit, Probability Of Bankruptcy
Ownership Allocation
Reddit, owns a total of 94.96 Million outstanding shares. Reddit, has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Reddit, Ownership Details

Reddit, Historical Income Statement

At this time, Reddit,'s Tax Provision is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 55.8 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 183.8 M in 2024. View More Fundamentals

Reddit, Stock Against Markets

Reddit, Corporate Management

Additional Tools for Reddit, Stock Analysis

When running Reddit,'s price analysis, check to measure Reddit,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reddit, is operating at the current time. Most of Reddit,'s value examination focuses on studying past and present price action to predict the probability of Reddit,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reddit,'s price. Additionally, you may evaluate how the addition of Reddit, to your portfolios can decrease your overall portfolio volatility.