Witnessing the stock’s movement on the chart, on February 18, 2021, Corsair Gaming Inc. (NASDAQ: CRSR) had a quiet start as it plunged -5.08% to $38.47. During the day, the stock rose to $39.95 and sunk to $37.60 before settling in for the price of $40.53 at the close. Taking a more long-term approach, CRSR posted a 52-week range of $14.09-$51.37.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 38.80%. This publicly-traded company’s shares outstanding now amounts to $84.87 million, simultaneously with a float of $26.25 million. The organization now has a market capitalization sitting at $3.47 billion. At the time of writing, stock’s 50-day Moving Average stood at $38.97.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 1990 employees. It has generated 648,065 per worker during the last fiscal year. Meanwhile, its income per employee was -4,958. The stock had 6.76 Receivables turnover and 1.17 Total Asset turnover. For the Profitability, stocks gross margin was +17.71, operating margin was +2.79 and Pretax Margin of -1.22.
Corsair Gaming Inc. (CRSR) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Computer Hardware industry. Corsair Gaming Inc.’s current insider ownership accounts for 3.80%, in contrast to 90.10% institutional ownership. According to the most recent insider trade that took place on Jan 26, this organization’s 10% Owner sold 8,260,000 shares at the rate of 35.00, making the entire transaction reach 289,100,000 in total value, affecting insider ownership by 61,900,059. Preceding that transaction, on Jan 26, Company’s Director sold 8,260,000 for 35.00, making the whole transaction’s value amount to 289,100,000. This particular insider is now the holder of 61,900,059 in total.
Corsair Gaming Inc. (CRSR) Earnings and Revenue Records
As on 12/30/2020, Multinational firm has announced its last quarter scores, in which it reported $0.53 earnings per share (EPS) for the period topping the consensus outlook (set at $0.46) by $0.07. This company achieved a net margin of -0.77 while generating a return on equity of -4.42. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.36 per share during the current fiscal year.
Corsair Gaming Inc.’s EPS increase for this current 12-month fiscal period is 38.80% and is forecasted to reach 1.81 in the upcoming year.
Corsair Gaming Inc. (NASDAQ: CRSR) Trading Performance Indicators
Let’s observe the current performance indicators for Corsair Gaming Inc. (CRSR). It’s Quick Ratio in the last reported quarter now stands at 0.90. The Stock has managed to achieve an average true range (ATR) of 3.80. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.04.
In the same vein, CRSR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.09, a figure that is expected to reach 0.32 in the next quarter, and analysts are predicting that it will be 1.81 at the market close of one year from today.
Technical Analysis of Corsair Gaming Inc. (CRSR)
Going through the that latest performance of [Corsair Gaming Inc., CRSR]. Its last 5-days volume of 2.92 million was inferior to the volume of 4.11 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 12.18% While, its Average True Range was 3.68.
Raw Stochastic average of Corsair Gaming Inc. (CRSR) in the period of the previous 100 days is set at 63.77%, which indicates a major rise in contrast to 19.76% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 70.80% that was lower than 89.42% volatility it exhibited in the past 100-days period.