On November 20, 2023, Beachbody Company Inc (NYSE: BODY) opened at $0.1596, lower -4.78% from the last session. During the day, the shares moved up to $0.164 and dropped to $0.139 before settling in for the closing price of $0.15. Price fluctuations for BODY have ranged from $0.13 to $0.90 over the past 52 weeks.
During the last 5-year period, the sales drop of Communication Services Sector giant was -9.80%. Company’s average yearly earnings per share was noted 45.24% at the time writing. With a float of $149.90 million, this company’s outstanding shares have now reached $170.91 million.
Let’s determine the extent of company efficiency that accounts for 737 employees. In terms of profitability, gross margin is +47.38, operating margin of -24.13, and the pretax margin is -28.50.
Beachbody Company Inc (BODY) Insider Activity
A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of Beachbody Company Inc is 52.07%, while institutional ownership is 17.36%. The most recent insider transaction that took place on Sep 29, was worth 33,312. In this transaction 10% Owner of this company sold 111,040 shares at a rate of $0.30, taking the stock ownership to the 17,579,959 shares. Before that another transaction happened on Jun 26, when Company’s 10% Owner sold 134,730 for $0.44, making the entire transaction worth $59,887. This insider now owns 17,690,999 shares in total.
Beachbody Company Inc (BODY) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/29/2023, the company posted -$0.11 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.07) by -$0.04. This company achieved a net margin of -28.05 while generating a return on equity of -65.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 45.24% per share during the next fiscal year.
Beachbody Company Inc (NYSE: BODY) Trading Performance Indicators
Check out the current performance indicators for Beachbody Company Inc (BODY). In the past quarter, the stock posted a quick ratio of 0.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.43, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.23 in one year’s time.
Technical Analysis of Beachbody Company Inc (BODY)
Looking closely at Beachbody Company Inc (NYSE: BODY), its last 5-days average volume was 1.23 million, which is a jump from its year-to-date volume of 0.53 million. As of the previous 9 days, the stock’s Stochastic %D was 25.52%. Additionally, its Average True Range was 0.03.
During the past 100 days, Beachbody Company Inc’s (BODY) raw stochastic average was set at 4.10%, which indicates a significant decrease from 16.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 108.73% in the past 14 days, which was lower than the 110.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.2620, while its 200-day Moving Average is $0.4330. However, in the short run, Beachbody Company Inc’s stock first resistance to watch stands at $0.1612. Second resistance stands at $0.1751. The third major resistance level sits at $0.1862. If the price goes on to break the first support level at $0.1362, it is likely to go to the next support level at $0.1251. Should the price break the second support level, the third support level stands at $0.1112.
Beachbody Company Inc (NYSE: BODY) Key Stats
There are currently 312,685K shares outstanding in the company with a market cap of 46.07 million. Presently, the company’s annual sales total 692,200 K according to its annual income of -194,190 K. Last quarter, the company’s sales amounted to 128,250 K and its income totaled -32,670 K.