NTNX (Nutanix Inc) climbed 58.15 at the last close: Is This Today’s Most Popular Stock?

On Friday, Nutanix Inc (NASDAQ: NTNX) opened higher 58.15% from the last session, before settling in for the closing price of $56.14. Price fluctuations for NTNX have ranged from $23.34 to $58.95 over the past 52 weeks.

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During the last 5-year period, the sales growth of Technology Sector giant was 10.12%. Company’s average yearly earnings per share was noted 53.66% at the time writing. With a float of $242.01 million, this company’s outstanding shares have now reached $242.69 million.

Nutanix Inc (NTNX) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of Nutanix Inc is 0.28%, while institutional ownership is 80.90%. The most recent insider transaction that took place on Dec 18, was worth 1,649,274. In this transaction Chief Legal Officer of this company sold 35,000 shares at a rate of $47.12, taking the stock ownership to the 37,277 shares. Before that another transaction happened on Dec 18, when Company’s President and CEO sold 24,439 for $46.05, making the entire transaction worth $1,125,308. This insider now owns 333,519 shares in total.

Nutanix Inc (NTNX) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 10/30/2023, the company posted $0.29 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.17) by $0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.13 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 53.66% per share during the next fiscal year.

Nutanix Inc (NASDAQ: NTNX) Trading Performance Indicators

Check out the current performance indicators for Nutanix Inc (NTNX). In the past quarter, the stock posted a quick ratio of 1.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.27. Likewise, its price to free cash flow for the trailing twelve months is 48.06.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.73, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 1.28 in one year’s time.

Technical Analysis of Nutanix Inc (NTNX)

Looking closely at Nutanix Inc (NASDAQ: NTNX), its last 5-days average volume was 2.05 million, which is a drop from its year-to-date volume of 2.66 million. As of the previous 9 days, the stock’s Stochastic %D was 77.02%. Additionally, its Average True Range was 1.54.

During the past 100 days, Nutanix Inc’s (NTNX) raw stochastic average was set at 96.13%, which indicates a significant increase from 78.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.84% in the past 14 days, which was lower than the 29.41% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $49.94, while its 200-day Moving Average is $36.29. However, in the short run, Nutanix Inc’s stock first resistance to watch stands at $58.83. Second resistance stands at $59.52. The third major resistance level sits at $59.88. If the price goes on to break the first support level at $57.78, it is likely to go to the next support level at $57.42. Now, if the price goes above the second support level, the third support stands at $56.73.

Nutanix Inc (NASDAQ: NTNX) Key Stats

There are currently 242,690K shares outstanding in the company with a market cap of 14.11 billion. Presently, the company’s annual sales total 1,863 M according to its annual income of -254,560 K. Last quarter, the company’s sales amounted to 511,050 K and its income totaled -15,850 K.