If you are wondering whether Freshworks shares are priced attractively or not, it helps to step back and look at what the current market value actually reflects.
The stock recently closed at US$11.93, with a 7 day return of a 2.6% decline, a 30 day return of a 7.0% decline, a year to date return of 2.8%, and a 1 year return of a 26.1% decline. Taken together, these figures give mixed signals about how investors are currently viewing its potential and risks.
Recent news around Freshworks has focused on its position within the broader software sector and how investors are reassessing growth oriented names in that space. That context helps explain why the share price has had short term weakness, while the longer term return over 3 years…