Last month’s performance of 29.03% for FiscalNote Holdings Inc. (NOTE) is certainly impressive

FiscalNote Holdings Inc. (NYSE: NOTE) on May 22, 2023, started off the session at the price of $2.34, soaring 5.26% from the previous trading day. During the day, the shares moved up to $2.435 and dropped to $2.29 before settling in for the closing price of $2.28. Within the past 52 weeks, NOTE’s price has moved between $1.31 and $12.30.

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The company achieved an average annual earnings per share of 21.90%. With a float of $99.14 million, this company’s outstanding shares have now reached $133.94 million.

Let’s look at the performance matrix of the company that is accounted for 720 employees. In terms of profitability, gross margin is +61.65, operating margin of -75.08, and the pretax margin is -194.71.

FiscalNote Holdings Inc. (NOTE) Insider and Institutional Ownership

Observing investor behavior towards Information Technology Services industry stocks is more important than anything else. The insider ownership of FiscalNote Holdings Inc. is 1.40%, while institutional ownership is 40.30%. The most recent insider transaction that took place on May 18, was worth 50,370. In this transaction Director of this company bought 23,000 shares at a rate of $2.19, taking the stock ownership to the 181,436 shares.

FiscalNote Holdings Inc. (NOTE) Latest Financial update

As on 3/30/2023, Multinational firm has announced its last quarter scores, in which it reported -$0.14 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.15) by $0.01. This company achieved a net margin of -191.85 while generating a return on equity of -150.32. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 21.90% per share during the next fiscal year.

FiscalNote Holdings Inc. (NYSE: NOTE) Trading Performance Indicators

FiscalNote Holdings Inc. (NOTE) is currently performing well based on its current performance indicators. A quick ratio of 1.10 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 2.76.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.87, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.47 in one year’s time.

Technical Analysis of FiscalNote Holdings Inc. (NOTE)

FiscalNote Holdings Inc. (NYSE: NOTE) saw its 5-day average volume 1.84 million, a positive change from its year-to-date volume of 1.73 million. As of the previous 9 days, the stock’s Stochastic %D was 83.92%. Additionally, its Average True Range was 0.25.

During the past 100 days, FiscalNote Holdings Inc.’s (NOTE) raw stochastic average was set at 20.60%, which indicates a significant decrease from 95.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 115.17% in the past 14 days, which was lower than the 169.99% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.91, while its 200-day Moving Average is $4.86. Nevertheless, the first resistance level for the watch stands at $2.46 in the near term. At $2.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.61. If the price goes on to break the first support level at $2.32, it is likely to go to the next support level at $2.23. The third support level lies at $2.17 if the price breaches the second support level.

FiscalNote Holdings Inc. (NYSE: NOTE) Key Stats

Market capitalization of the company is 314.42 million based on 133,944K outstanding shares. Right now, sales total 113,770 K and income totals -218,260 K. The company made 31,530 K in profit during its latest quarter, and -19,270 K in sales during its previous quarter.