Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate CLARIVATE PLC before investing.

In this article, we go over a few key elements for understanding CLARIVATE PLC’s stock price such as:

• CLARIVATE PLC’s current stock price and volume
• Why CLARIVATE PLC’s stock price changed recently
• Upgrades and downgrades for CLVT from analysts
• CLVT’s stock price momentum as measured by its relative strength

About CLARIVATE PLC (CLVT)

Before we jump into CLARIVATE PLC’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Clarivate Plc is a global provider of transformative intelligence. The Company offers enriched data, insights and analytics, workflow solutions and expert services in the areas of Academia & Government (A&G;), Intellectual Property (IP) and Life Sciences & Healthcare (LS&H;). Within the A&G; segment, the Company provides research and analytics, content aggregation, and workflow software solutions. Within the IP segment, the Company provides IP Maintenance, IP Intelligence, and IP Management solutions. Within the LS&H; segment, the Company provides research and development, regulatory and safety, and commercialization solutions. It is also a provider of cloud-based solutions that enable life sciences clients to automate regulatory reporting and compliance management. It is also engaged in providing comprehensive and integrated solutions to support patent preparation, filing and prosecution, offering patent practitioners with automation and artificial intelligence (AI)-enabled solutions.

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CLARIVATE PLC’s Stock Price as of Market Close

As of August 13, 2024, 4:00 PM, CST, CLARIVATE PLC’s stock price was $6.20.

CLARIVATE PLC is up 12.52% from its previous closing price of $5.51.

During the last market session, CLARIVATE PLC’s stock traded between $5.50 and $5.72. Currently, there are 685.60 million shares of CLARIVATE PLC stock available for purchase.

Unfortunately, CLARIVATE PLC’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

CLARIVATE PLC Stock Price History

CLARIVATE PLC’s (CLVT) price is currently down 8.01% so far this month.

During the month of August, CLARIVATE PLC’s stock price has reached a high of $6.77 and a low of $4.97.

Over the last year, CLARIVATE PLC has hit prices as high as $9.61 and as low as $4.97. Year to date, CLARIVATE PLC’s stock is down 25.66%.

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What Caused CLARIVATE PLC Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 12, 2024, there were 5 analysts who downgraded CLARIVATE PLC’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate CLARIVATE PLC’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on CLARIVATE PLC’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

CLARIVATE PLC’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about CLARIVATE PLC (CLVT) by visiting AAII Stock Evaluator.

Relative Price Strength of CLARIVATE PLC

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 12, 2024, CLARIVATE PLC has a weighted four-quarter relative price strength of -8.77%, which translates to a Momentum Score of 37 and is considered to be Weak.

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CLARIVATE PLC Stock Price: Bottom Line

As of August 13, 2024, CLARIVATE PLC’s stock price is $6.20, which is up 12.52% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like CLARIVATE PLC stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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