On November 20, 2023, Nogin Inc (NASDAQ: NOGN) opened at $0.3128, higher 74.11% from the last session. During the day, the shares moved up to $0.428 and dropped to $0.2622 before settling in for the closing price of $0.18. Price fluctuations for NOGN have ranged from $0.17 to $19.65 over the past 52 weeks.
It was noted that within the last five years, the titan of the Technology sector saw sales slided by -6.79%. Company’s average yearly earnings per share was noted 82.78% at the time writing. With a float of $7.22 million, this company’s outstanding shares have now reached $11.09 million.
The extent of productivity of a business whose workforce counts for 213 workers is very important to gauge. In terms of profitability, gross margin is +40.44, operating margin of -42.43, and the pretax margin is -56.64.
Nogin Inc (NOGN) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Nogin Inc is 34.91%, while institutional ownership is 21.68%. The most recent insider transaction that took place on Apr 06, was worth 3,035,484. In this transaction CEO & President of this company bought 1,011,828 shares at a rate of $3.00, taking the stock ownership to the 1,020,459 shares. Before that another transaction happened on Apr 06, when Company’s 10% Owner bought 333,333 for $3.00, making the entire transaction worth $999,999. This insider now owns 1,103,257 shares in total.
Nogin Inc (NOGN) Latest Financial update
If we go through the results of last quarter, which was made public on 6/29/2023, the company posted -$1.13 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.9) by -$0.23. This company achieved a net margin of -55.81 while generating a return on equity of -70.28. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 82.78% per share during the next fiscal year.
Nogin Inc (NASDAQ: NOGN) Trading Performance Indicators
Check out the current performance indicators for Nogin Inc (NOGN). In the past quarter, the stock posted a quick ratio of 0.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.69, a number that is poised to hit -0.67 in the next quarter and is forecasted to reach -0.13 in one year’s time.
Technical Analysis of Nogin Inc (NOGN)
The latest stats from [Nogin Inc, NOGN] show that its last 5-days average volume of 8.07 million was superior to 0.57 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 21.62%. Additionally, its Average True Range was 0.07.
During the past 100 days, Nogin Inc’s (NOGN) raw stochastic average was set at 11.79%, which indicates a significant decrease from 48.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 315.29% in the past 14 days, which was higher than the 152.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.4380, while its 200-day Moving Average is $2.8635. Now, the first resistance to watch is $0.4059. This is followed by the second major resistance level at $0.4999. The third major resistance level sits at $0.5717. If the price goes on to break the first support level at $0.2401, it is likely to go to the next support level at $0.1683. The third support level lies at $0.0743 if the price breaches the second support level.
Nogin Inc (NASDAQ: NOGN) Key Stats
There are currently 11,087K shares outstanding in the company with a market cap of 3.46 million. Presently, the company’s annual sales total 94,470 K according to its annual income of -52,730 K. Last quarter, the company’s sales amounted to 12,740 K and its income totaled -11,830 K.