As on February 22, 2021, Socket Mobile Inc. (NASDAQ: SCKT) started slowly as it slid -9.17% to $11.10. During the day, the stock rose to $12.62 and sunk to $10.92 before settling in for the price of $12.22 at the close. Taking a more long-term approach, SCKT posted a 52-week range of $0.76-$35.00.
The Technology Sector giants’ yearly sales growth during the last 5-year period was 2.50%. Meanwhile, its Annual Earning per share during the time was -10.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 149.30%. This publicly-traded company’s shares outstanding now amounts to $6.04 million, simultaneously with a float of $4.70 million. The organization now has a market capitalization sitting at $76.15 million. At the time of writing, stock’s 50-day Moving Average stood at $3.83, while the 200-day Moving Average is $2.20.
While finding the extent of efficiency of the company that is accounted for 56 employees. It has generated 343,805 per worker during the last fiscal year. Meanwhile, its income per employee was 5,118. The stock had 7.40 Receivables turnover and 1.04 Total Asset turnover. For the Profitability, stocks gross margin was +52.46, operating margin was +3.15 and Pretax Margin of +2.63.
Socket Mobile Inc. (SCKT) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Computer Hardware industry. Socket Mobile Inc.’s current insider ownership accounts for 5.10%, in contrast to 5.80% institutional ownership. According to the most recent insider trade that took place on Feb 16, this organization’s Director sold 31,500 shares at the rate of 10.00, making the entire transaction reach 315,000 in total value, affecting insider ownership by 8,546. Preceding that transaction, on Feb 16, Company’s EVP of Engineering and CTO sold 55,442 for 9.93, making the whole transaction’s value amount to 550,539. This particular insider is now the holder of 56,323 in total.
Socket Mobile Inc. (SCKT) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 3/30/2018, the company posted -$0.03 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.07) by -$0.1. This company achieved a net margin of +1.49 while generating a return on equity of 2.24. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Socket Mobile Inc.’s EPS increase for this current 12-month fiscal period is 149.30%.
Socket Mobile Inc. (NASDAQ: SCKT) Trading Performance Indicators
Let’s observe the current performance indicators for Socket Mobile Inc. (SCKT). It’s Quick Ratio in the last reported quarter now stands at 0.80. The Stock has managed to achieve an average true range (ATR) of 2.82. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.88. Similarly, its price to free cash flow for trailing twelve months is now 253.82.
In the same vein, SCKT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.80.
Technical Analysis of Socket Mobile Inc. (SCKT)
Through scrutinizing the latest numbers posted by the [Socket Mobile Inc., SCKT], it can be observed that its last 5-days Average volume of 49.73 million was better the volume of 7.54 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 29.77% While, its Average True Range was 3.72.
Raw Stochastic average of Socket Mobile Inc. (SCKT) in the period of the previous 100 days is set at 29.33%, which indicates a major rise in contrast to 26.42% 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 795.76% that was higher than 342.72% volatility it exhibited in the past 100-days period.