Varonis Systems Inc. (NASDAQ: VRNS) on January 24, 2023, started off the session at the price of $25.43, plunging -0.89% from the previous trading day. During the day, the shares moved up to $26.33 and dropped to $25.19 before settling in for the closing price of $25.80. Within the past 52 weeks, VRNS’s price has moved between $15.61 and $51.60.
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During the last 5-year period, the sales growth of Technology Sector giant was 18.70%. The company achieved an average annual earnings per share of -11.40%. With a float of $108.56 million, this company’s outstanding shares have now reached $110.00 million.
Let’s determine the extent of company efficiency that accounts for 2065 employees. In terms of profitability, gross margin is +84.77, operating margin of -27.58, and the pretax margin is -28.41.
Varonis Systems Inc. (VRNS) Breakdown of a Key Holders of the stock
Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of Varonis Systems Inc. is 1.90%, while institutional ownership is 98.56%. The most recent insider transaction that took place on Jan 05, was worth 35,670. In this transaction Director of this company sold 1,500 shares at a rate of $23.78, taking the stock ownership to the 72,410 shares. Before that another transaction happened on Dec 08, when Company’s CFO and COO bought 24,400 for $20.50, making the entire transaction worth $500,200. This insider now owns 490,351 shares in total.
Varonis Systems Inc. (VRNS) Recent Fiscal highlights
As on 6/29/2022, Multinational firm has announced its last quarter scores, in which it reported $0 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.01) by $0.01. This company achieved a net margin of -29.95 while generating a return on equity of -33.84. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -11.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 46.80% during the next five years compared to -44.00% drop over the previous five years of trading.
Varonis Systems Inc. (NASDAQ: VRNS) Trading Performance Indicators
Varonis Systems Inc. (VRNS) is currently performing well based on its current performance indicators. A quick ratio of 4.40 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.27, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.26 in one year’s time.
Technical Analysis of Varonis Systems Inc. (VRNS)
Looking closely at Varonis Systems Inc. (NASDAQ: VRNS), its last 5-days average volume was 0.86 million, which is a drop from its year-to-date volume of 0.96 million. As of the previous 9 days, the stock’s Stochastic %D was 86.34%. Additionally, its Average True Range was 1.06.
During the past 100 days, Varonis Systems Inc.’s (VRNS) raw stochastic average was set at 65.06%, which indicates a significant decrease from 82.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.88% in the past 14 days, which was lower than the 92.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.72, while its 200-day Moving Average is $28.74. However, in the short run, Varonis Systems Inc.’s stock first resistance to watch stands at $26.20. Second resistance stands at $26.84. The third major resistance level sits at $27.34. If the price goes on to break the first support level at $25.06, it is likely to go to the next support level at $24.56. Now, if the price goes above the second support level, the third support stands at $23.92.
Varonis Systems Inc. (NASDAQ: VRNS) Key Stats
Market capitalization of the company is 2.76 billion based on 110,220K outstanding shares. Right now, sales total 390,130 K and income totals -116,860 K. The company made 123,310 K in profit during its latest quarter, and -28,720 K in sales during its previous quarter.