Chegg Inc Stock Price History

CHGG Stock  USD 6.81  0.02  0.29%   
Below is the normalized historical share price chart for Chegg Inc extending back to November 13, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Chegg stands at 6.81, as last reported on the 25th of April, with the highest price reaching 6.91 and the lowest price hitting 6.63 during the day.
IPO Date
13th of November 2013
200 Day MA
9.279
50 Day MA
7.9248
Beta
1.275
 
Yuan Drop
 
Covid
If you're considering investing in Chegg Stock, it is important to understand the factors that can impact its price. Chegg Inc secures Sharpe Ratio (or Efficiency) of -0.25, which signifies that the company had a -0.25% return per unit of standard deviation over the last 3 months. Chegg Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chegg's mean deviation of 2.0, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide.
  
The Chegg's current Stock Based Compensation is estimated to increase to about 140.2 M, while Common Stock Shares Outstanding is projected to decrease to roughly 100.1 M. . At this time, Chegg's Price To Operating Cash Flows Ratio is most likely to increase significantly in the upcoming years. The Chegg's current Price To Book Ratio is estimated to increase to 2.24, while Price Earnings To Growth Ratio is forecasted to increase to (0.75). Chegg Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2537

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Estimated Market Risk

 2.52
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.64
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.25
  actual daily
0
Most of other assets perform better
Based on monthly moving average Chegg is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Chegg by adding Chegg to a well-diversified portfolio.
Price Book
0.7792
Enterprise Value Ebitda
5.571
Price Sales
1.0276
Shares Float
84.3 M
Wall Street Target Price
9.42

Chegg Stock Price History Chart

There are several ways to analyze Chegg Stock price data. The simplest method is using a basic Chegg candlestick price chart, which shows Chegg price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceJanuary 29, 202410.16
Lowest PriceApril 16, 20246.81

Chegg April 25, 2024 Stock Price Synopsis

Various analyses of Chegg's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Chegg Stock. It can be used to describe the percentage change in the price of Chegg from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Chegg Stock.
Chegg Price Rate Of Daily Change 1.00 
Chegg Price Daily Balance Of Power(0.07)
Chegg Price Action Indicator 0.03 
Chegg Accumulation Distribution 85,012 

Chegg April 25, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Chegg Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Chegg intraday prices and daily technical indicators to check the level of noise trading in Chegg Stock and then apply it to test your longer-term investment strategies against Chegg.

Chegg Stock Price History Data

The price series of Chegg for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 has a statistical range of 3.52 with a coefficient of variation of 12.11. The prices are distributed with arithmetic mean of 8.33. The median price for the last 90 days is 8.24.
OpenHighLowCloseVolume
04/24/2024 6.79  6.91  6.63  6.81  2,097,967 
04/23/2024 6.80  6.98  6.70  6.83  1,902,004 
04/22/2024 7.11  7.18  6.82  6.82  1,470,352 
04/19/2024 6.92  7.26  6.92  7.09  2,227,881 
04/18/2024 6.93  7.20  6.92  7.03  2,076,157 
04/17/2024 6.84  6.92  6.74  6.90  3,411,212 
04/16/2024 6.80  6.88  6.63  6.81  1,977,153 
04/15/2024 7.13  7.22  6.75  6.87  2,173,948 
04/12/2024 7.38  7.42  7.10  7.15  1,489,224 
04/11/2024 7.54  7.68  7.29  7.45  1,929,695 
04/10/2024 7.37  7.53  7.31  7.50  2,394,476 
04/09/2024 7.25  7.59  7.22  7.59  2,383,272 
04/08/2024 7.18  7.32  7.18  7.22  1,295,187 
04/05/2024 7.01  7.16  6.98  7.13  2,089,099 
04/04/2024 7.29  7.41  7.04  7.06  1,270,601 
04/03/2024 7.10  7.23  7.08  7.19  1,489,608 
04/02/2024 7.12  7.21  7.06  7.13  2,025,469 
04/01/2024 7.63  7.75  7.21  7.22  2,538,246 
03/28/2024 7.59  7.69  7.48  7.57  1,319,588 
03/27/2024 7.37  7.60  7.30  7.58  2,580,980 
03/26/2024 7.59  7.65  7.37  7.37  2,127,118 
03/25/2024 7.69  7.80  7.43  7.49  2,634,275 
03/22/2024 8.04  8.12  7.70  7.81  1,238,981 
03/21/2024 8.05  8.15  7.95  8.02  1,896,622 
03/20/2024 7.75  8.05  7.72  8.00  1,485,201 
03/19/2024 7.77  7.89  7.71  7.83  1,979,349 
03/18/2024 7.93  7.97  7.74  7.83  2,483,074 
03/15/2024 7.80  8.00  7.80  7.97  2,855,289 
03/14/2024 7.97  8.04  7.72  7.87  2,830,916 
03/13/2024 7.96  8.15  7.95  8.03  1,799,693 
03/12/2024 8.23  8.23  7.96  8.02  1,478,709 
03/11/2024 8.34  8.41  8.18  8.20  1,872,887 
03/08/2024 8.26  8.37  8.09  8.18  1,658,814 
03/07/2024 7.98  8.28  7.95  8.24  2,243,974 
03/06/2024 8.29  8.31  7.86  7.95  2,919,156 
03/05/2024 8.75  8.76  8.20  8.24  3,484,204 
03/04/2024 9.03  9.14  8.76  8.86  1,905,524 
03/01/2024 8.93  9.14  8.91  9.04  2,816,690 
02/29/2024 8.70  8.99  8.69  8.94  2,386,122 
02/28/2024 8.74  8.83  8.51  8.55  3,274,217 
02/27/2024 8.79  9.02  8.77  8.84  1,833,820 
02/26/2024 8.84  8.95  8.68  8.71  3,869,456 
02/23/2024 8.74  8.99  8.71  8.92  2,307,802 
02/22/2024 8.74  8.90  8.68  8.76  4,022,981 
02/21/2024 8.70  8.81  8.56  8.72  3,810,337 
02/20/2024 9.06  9.11  8.74  8.74  2,865,108 
02/16/2024 9.23  9.32  8.99  9.09  2,817,897 
02/15/2024 9.08  9.34  9.07  9.31  3,319,700 
02/14/2024 8.82  9.08  8.74  9.05  3,450,692 
02/13/2024 8.56  8.82  8.47  8.69  4,992,840 
02/12/2024 8.73  8.96  8.73  8.83  2,509,544 
02/09/2024 8.60  8.96  8.52  8.73  2,927,665 
02/08/2024 8.60  8.70  8.47  8.60  2,527,179 
02/07/2024 8.76  8.82  8.39  8.60  4,796,032 
02/06/2024 8.55  9.75  8.55  8.73  10,543,731 
02/05/2024 9.54  9.54  9.15  9.30  7,021,800 
02/02/2024 9.75  9.84  9.53  9.57  4,077,297 
02/01/2024 9.92  10.13  9.83  9.85  1,790,309 
01/31/2024 9.78  10.29  9.75  9.85  2,797,272 
01/30/2024 10.14  10.18  9.75  9.78  2,124,661 
01/29/2024 10.28  10.32  9.88  10.16  3,317,051 

About Chegg Stock history

Chegg investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Chegg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chegg Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Chegg stock prices may prove useful in developing a viable investing in Chegg
Last ReportedProjected for Next Year
Common Stock Shares Outstanding128.6 M100.1 M
Net Income Applicable To Common Shares306.6 M322 M

Chegg Stock Technical Analysis

Chegg technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Chegg technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chegg trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Chegg Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Chegg's price direction in advance. Along with the technical and fundamental analysis of Chegg Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chegg to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Chegg Inc is a strong investment it is important to analyze Chegg's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chegg's future performance. For an informed investment choice regarding Chegg Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chegg Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Chegg Inc information on this page should be used as a complementary analysis to other Chegg's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Chegg's price analysis, check to measure Chegg'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 Chegg is operating at the current time. Most of Chegg's value examination focuses on studying past and present price action to predict the probability of Chegg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chegg's price. Additionally, you may evaluate how the addition of Chegg to your portfolios can decrease your overall portfolio volatility.
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Is Chegg's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chegg. If investors know Chegg will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chegg listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.996
Earnings Share
0.16
Revenue Per Share
6.148
Quarterly Revenue Growth
(0.08)
Return On Assets
(0)
The market value of Chegg Inc is measured differently than its book value, which is the value of Chegg that is recorded on the company's balance sheet. Investors also form their own opinion of Chegg's value that differs from its market value or its book value, called intrinsic value, which is Chegg's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chegg's market value can be influenced by many factors that don't directly affect Chegg's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chegg's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chegg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chegg's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.