Fiverr International Ltd. (NYSE:FVRR) Receives Average Rating of “Hold” from Brokerages

Fiverr International Ltd. (NYSE:FVRR) has earned a consensus recommendation of “Hold” from the nine research firms that are currently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $34.63.

A number of analysts have commented on FVRR shares. Citizens Jmp cut shares of Fiverr International from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 20th. UBS Group raised their target price on Fiverr International from $31.00 to $32.00 and gave the stock a “neutral” rating in a report on Tuesday, December 3rd. JMP Securities downgraded Fiverr International from an “outperform” rating to a “market perform” rating in a research report on Thursday, February 20th. Royal Bank of Canada restated a “sector perform” rating and issued a $35.00 price target on shares of Fiverr International in a research report on Thursday, February 20th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $36.00 price objective on shares of Fiverr International in a research report on Wednesday, February 19th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Huntington National Bank lifted its position in shares of Fiverr International by 35,200.0% in the third quarter. Huntington National Bank now owns 1,059 shares of the company’s stock worth $27,000 after buying an additional 1,056 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Fiverr International by 134.9% during the 4th quarter. Jones Financial Companies Lllp now owns 1,031 shares of the company’s stock worth $33,000 after acquiring an additional 592 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in shares of Fiverr International during the 4th quarter valued at approximately $57,000. KLP Kapitalforvaltning AS bought a new position in shares of Fiverr International during the 4th quarter valued at approximately $187,000. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Fiverr International in the third quarter valued at $683,000. Hedge funds and other institutional investors own 59.00% of the company’s stock.

Fiverr International Trading Up 0.5 %

Fiverr International stock opened at $25.36 on Friday. The business has a 50-day simple moving average of $30.60 and a two-hundred day simple moving average of $28.83. Fiverr International has a 52-week low of $18.83 and a 52-week high of $36.11. The company has a quick ratio of 2.99, a current ratio of 1.10 and a debt-to-equity ratio of 0.06. The company has a market cap of $908.93 million, a P/E ratio of 53.95 and a beta of 1.93.

About Fiverr International

Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company's platform includes various categories in ten verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and tech, business, data, lifestyle, and photography.