A new trading day began on January 24, 2023, with LiveRamp Holdings Inc. (NYSE: RAMP) stock priced at $25.339, down -0.16% from the previous day of trading. During the day, the shares moved up to $25.49 and dropped to $23.93 before settling in for the closing price of $25.36. RAMP’s price has ranged from $15.37 to $45.29 over the past 52 weeks.
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Annual sales at Technology sector company grew by 24.80% over the past five years. Meanwhile, its annual earnings per share averaged 63.60%. With a float of $64.43 million, this company’s outstanding shares have now reached $67.10 million.
Let’s look at the performance matrix of the company that is accounted for 1400 employees. In terms of profitability, gross margin is +72.11, operating margin of -12.12, and the pretax margin is -6.63.
LiveRamp Holdings Inc. (RAMP) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Information Technology Services Industry. The insider ownership of LiveRamp Holdings Inc. is 2.40%, while institutional ownership is 94.80%. The most recent insider transaction that took place on Nov 16, was worth 162,184. In this transaction CHIEF TECHNOLOGY OFFICER of this company sold 7,332 shares at a rate of $22.12, taking the stock ownership to the 112,988 shares. Before that another transaction happened on Sep 23, when Company’s Director bought 528 for $18.92, making the entire transaction worth $9,990. This insider now owns 22,748 shares in total.
LiveRamp Holdings Inc. (RAMP) Latest Financial update
In its latest quarterly report, released on 6/29/2022, the company reported earnings of $0.05 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of -6.40 while generating a return on equity of -3.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 63.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.50% during the next five years compared to 14.80% growth over the previous five years of trading.
LiveRamp Holdings Inc. (NYSE: RAMP) Trading Performance Indicators
Here are LiveRamp Holdings Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.86. Likewise, its price to free cash flow for the trailing twelve months is 25.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.51, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 1.02 in one year’s time.
Technical Analysis of LiveRamp Holdings Inc. (RAMP)
LiveRamp Holdings Inc. (NYSE: RAMP) saw its 5-day average volume 0.35 million, a negative change from its year-to-date volume of 0.42 million. As of the previous 9 days, the stock’s Stochastic %D was 96.24%. Additionally, its Average True Range was 0.77.
During the past 100 days, LiveRamp Holdings Inc.’s (RAMP) raw stochastic average was set at 98.32%, which indicates a significant increase from 93.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.60% in the past 14 days, which was lower than the 50.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.74, while its 200-day Moving Average is $24.00. Nevertheless, the first resistance level for the watch stands at $25.90 in the near term. At $26.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $27.46. If the price goes on to break the first support level at $24.34, it is likely to go to the next support level at $23.35. The third support level lies at $22.78 if the price breaches the second support level.
LiveRamp Holdings Inc. (NYSE: RAMP) Key Stats
With a market capitalization of 1.63 billion, the company has a total of 66,476K Shares Outstanding. Currently, annual sales are 528,660 K while annual income is -33,830 K. The company’s previous quarter sales were 147,100 K while its latest quarter income was -30,440 K.