Cyxtera Technologies Inc. (NASDAQ: CYXT) kicked off on January 23, 2023, at the price of $2.48, up 8.13% from the previous trading day. During the day, the shares moved up to $2.76 and dropped to $2.40 before settling in for the closing price of $2.46. Over the past 52 weeks, CYXT has traded in a range of $1.53-$15.42.
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While this was happening, its average annual earnings per share was recorded -161.80%. With a float of $133.01 million, this company’s outstanding shares have now reached $179.12 million.
Considering the fact that the conglomerate employs 745 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +10.66, operating margin of -5.37, and the pretax margin is -43.44.
Cyxtera Technologies Inc. (CYXT) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Information Technology Services Industry. The insider ownership of Cyxtera Technologies Inc. is 0.20%, while institutional ownership is 61.50%. The most recent insider transaction that took place on Aug 10, was worth 18,220. In this transaction Principal Accounting Officer of this company sold 1,548 shares at a rate of $11.77, taking the stock ownership to the 5,944 shares. Before that another transaction happened on Aug 10, when Company’s Chief Legal Officer sold 8,292 for $11.77, making the entire transaction worth $97,597. This insider now owns 29,202 shares in total.
Cyxtera Technologies Inc. (CYXT) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/29/2022, the organization reported -$0.27 earnings per share (EPS), lower than consensus estimate (set at -$0.2) by -$0.07. This company achieved a net margin of -36.65 while generating a return on equity of -54.46. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.21 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.
Cyxtera Technologies Inc. (NASDAQ: CYXT) Trading Performance Indicators
Take a look at Cyxtera Technologies Inc.’s (CYXT) current performance indicators. Last quarter, stock had a quick ratio of 0.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.71, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach -0.88 in one year’s time.
Technical Analysis of Cyxtera Technologies Inc. (CYXT)
Compared to the last year’s volume of 0.44 million, its volume of 0.56 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 78.15%. Additionally, its Average True Range was 0.20.
During the past 100 days, Cyxtera Technologies Inc.’s (CYXT) raw stochastic average was set at 22.20%, which indicates a significant decrease from 88.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.51% in the past 14 days, which was lower than the 95.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.05, while its 200-day Moving Average is $7.53. Nevertheless, the first resistance level for the watch stands at $2.81 in the near term. At $2.97, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.17. If the price goes on to break the first support level at $2.45, it is likely to go to the next support level at $2.25. Now, if the price goes above the second support level, the third support stands at $2.09.
Cyxtera Technologies Inc. (NASDAQ: CYXT) Key Stats
The company with the Market Capitalisation of 501.06 million has total of 179,618K Shares Outstanding. Its annual sales at the moment are 703,700 K in contrast with the sum of -257,900 K annual income. Company’s last quarter sales were recorded 186,600 K and last quarter income was -55,900 K.