On June 23, 2022, Rockley Photonics Holdings Limited (NYSE: RKLY) opened at $2.23, higher 15.70% from the last session. During the day, the shares moved up to $2.64 and dropped to $2.23 before settling in for the closing price of $2.23. Price fluctuations for RKLY have ranged from $1.83 to $16.99 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -161.80% at the time writing. With a float of $84.55 million, this company’s outstanding shares have now reached $128.44 million.
Let’s look at the performance matrix of the company that is accounted for 302 employees. In terms of profitability, gross margin is -95.49, operating margin of -1409.38, and the pretax margin is -2029.01.
Rockley Photonics Holdings Limited (RKLY) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of Rockley Photonics Holdings Limited is 14.70%, while institutional ownership is 8.20%. The most recent insider transaction that took place on Mar 18, was worth 197,370. In this transaction Director of this company bought 47,060 shares at a rate of $4.19, taking the stock ownership to the 22,000 shares. Before that another transaction happened on Mar 15, when Company’s Chief Operating Officer sold 5,098 for $3.90, making the entire transaction worth $19,882. This insider now owns 473,067 shares in total.
Rockley Photonics Holdings Limited (RKLY) Latest Financial update
If we go through the results of last quarter, which was made public on 3/30/2022, the company posted -$0.28 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.25) by -$0.03. This company achieved a net margin of -2045.70 while generating a return on equity of -123.80. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -161.80% per share during the next fiscal year.
Rockley Photonics Holdings Limited (NYSE: RKLY) Trading Performance Indicators
Check out the current performance indicators for Rockley Photonics Holdings Limited (RKLY). In the past quarter, the stock posted a quick ratio of 1.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 44.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.22, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach -0.61 in one year’s time.
Technical Analysis of Rockley Photonics Holdings Limited (RKLY)
Rockley Photonics Holdings Limited (NYSE: RKLY) saw its 5-day average volume 1.2 million, a positive change from its year-to-date volume of 0.75 million. As of the previous 9 days, the stock’s Stochastic %D was 62.82%. Additionally, its Average True Range was 0.29.
During the past 100 days, Rockley Photonics Holdings Limited’s (RKLY) raw stochastic average was set at 22.66%, which indicates a significant decrease from 51.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 143.30% in the past 14 days, which was higher than the 111.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.94, while its 200-day Moving Average is $4.90. Nevertheless, the first resistance level for the watch stands at $2.74 in the near term. At $2.89, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.15. If the price goes on to break the first support level at $2.33, it is likely to go to the next support level at $2.07. The third support level lies at $1.92 if the price breaches the second support level.
Rockley Photonics Holdings Limited (NYSE: RKLY) Key Stats
There are currently 129,005K shares outstanding in the company with a market cap of 329.78 million. Presently, the company’s annual sales total 8,210 K according to its annual income of -168,010 K. Last quarter, the company’s sales amounted to 960 K and its income totaled -41,780 K.
