Embark Technology Inc. (NASDAQ: EMBK) kicked off on June 22, 2022, at the price of $0.5754, up 4.81% from the previous trading day. During the day, the shares moved up to $0.667 and dropped to $0.5754 before settling in for the closing price of $0.59. Over the past 52 weeks, EMBK has traded in a range of $0.51-$10.49.
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While this was happening, its average annual earnings per share was recorded -476.70%. With a float of $322.21 million, this company’s outstanding shares have now reached $452.62 million.
The firm has a total of 231 workers. Let’s measure their productivity.
Embark Technology Inc. (EMBK) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Embark Technology Inc. is 11.32%, while institutional ownership is 55.00%.
Embark Technology Inc. (EMBK) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 3/30/2022, the organization reported -$0.04 earnings per share (EPS), higher than consensus estimate (set at -$0.08) by $0.04. This company achieved a return on equity of -105.87. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -476.70% per share during the next fiscal year.
Embark Technology Inc. (NASDAQ: EMBK) Trading Performance Indicators
Take a look at Embark Technology Inc.’s (EMBK) current performance indicators. Last quarter, stock had a quick ratio of 20.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.14, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.45 in one year’s time.
Technical Analysis of Embark Technology Inc. (EMBK)
Analysing the last 5-days average volume posted by the [Embark Technology Inc., EMBK], we can find that recorded value of 7.74 million was better than the volume posted last year of 2.2 million. As of the previous 9 days, the stock’s Stochastic %D was 15.56%. Additionally, its Average True Range was 0.18.
During the past 100 days, Embark Technology Inc.’s (EMBK) raw stochastic average was set at 1.71%, which indicates a significant decrease from 11.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 165.96% in the past 14 days, which was lower than the 197.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.8314, while its 200-day Moving Average is $6.2071. Now, the first resistance to watch is $0.6638. This is followed by the second major resistance level at $0.7112. The third major resistance level sits at $0.7554. If the price goes on to break the first support level at $0.5722, it is likely to go to the next support level at $0.5280. Now, if the price goes above the second support level, the third support stands at $0.4806.
Embark Technology Inc. (NASDAQ: EMBK) Key Stats
The company with the Market Capitalisation of 262.78 million has total of 362,833K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -124,210 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -18,450 K.
