Watch List Stock News: Shutterstock (NYSE:SSTK)

Shutterstock (NYSE:SSTK) is now trading -9.24% off 52-week high price. On the other end, the stock has been noted 143.22% away from the low price over the last 52-weeks. The stock changed -6.61% to recent value of $69.95. The stock transacted 272475 shares during most recent day however it has an average volume of 338.21K shares. The company has 35.96M of outstanding shares and 22.20M shares were floated in the market.

On Jan. 15, 2021, Shutterstock (NYSE:SSTK) a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, reported it will extend its exclusive agreement with the european pressphoto agency b.v. (epa) to distribute its unique collection of visual content to North America, the U.K. and Ireland, with epa retaining the distribution rights to its photo and video offering in Germany.

Since January 2017, Shutterstock has leveraged epa’s daily output of around 2,200 images, providing its editorial customers, which include some of the largest media companies and publishing houses in the world, access to epa’s comprehensive global coverage of news and events, as well as their robust archive of almost nine million images.

We are delighted to continue our exclusive partnership with epa after an initial four years of what has been a very successful collaboration, said Candice Murray, VP, Editorial at Shutterstock. As one of the world’s leading photo agencies delivering premium global news coverage and compelling video content, epa’s remarkable collection is an asset to our platform, and resonates with Shutterstock customers globally.

Its earnings per share (EPS) expected to touch remained -63.40% for this year while earning per share for the next 5-years is expected to reach at 20.55%. SSTK has a gross margin of 59.40% and an operating margin of 9.70% while its profit margin remained 7.70% for the last 12 months.

According to the most recent quarter its current ratio was 1.8 that represents company’s ability to meet its current financial obligations. The price moved ahead of -1.34% from the mean of 20 days, 0.27% from mean of 50 days SMA and performed 37.32% from mean of 200 days price. Company’s performance for the week was -0.07%, 2.61% for month and YTD performance remained -2.44%.

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