Procore Technologies Inc (PCOR) average volume reaches $1.52: Is Wall Street expecting a rally?

On Friday, Procore Technologies Inc (NYSE: PCOR) trading session started at the price of On Friday, that was 74.63% up from the session before settling in for the closing price of $76.07. A 52-week range for PCOR has been $48.11 – $76.86.

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Technology Sector giant saw their annual sales surged by 40.52% over the last five years. When this article was written, the company’s average yearly earnings per share was at 139.51%. With a float of $126.95 million, this company’s outstanding shares have now reached $139.16 million.

Procore Technologies Inc (PCOR) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Procore Technologies Inc stocks. The insider ownership of Procore Technologies Inc is 11.54%, while institutional ownership is 78.42%. The most recent insider transaction that took place on Feb 09, was worth 695,250. In this transaction Director of this company sold 9,270 shares at a rate of $75.00, taking the stock ownership to the 64,280 shares. Before that another transaction happened on Feb 09, when Company’s Chief Legal Officer; Secretary sold 8,000 for $75.00, making the entire transaction worth $600,000. This insider now owns 116,318 shares in total.

Procore Technologies Inc (PCOR) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 230.69 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 139.51% per share during the next fiscal year.

Procore Technologies Inc (NYSE: PCOR) Trading Performance Indicators

You can see what Procore Technologies Inc (PCOR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.00. Likewise, its price to free cash flow for the trailing twelve months is 360.20.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.65, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.51 in one year’s time.

Technical Analysis of Procore Technologies Inc (PCOR)

Analysing the last 5-days average volume posted by the [Procore Technologies Inc, PCOR], we can find that recorded value of 0.88 million was lower than the volume posted last year of 0.91 million. As of the previous 9 days, the stock’s Stochastic %D was 78.75%. Additionally, its Average True Range was 2.08.

During the past 100 days, Procore Technologies Inc’s (PCOR) raw stochastic average was set at 96.51%, which indicates a significant increase from 84.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.29% in the past 14 days, which was lower than the 48.14% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $67.46, while its 200-day Moving Average is $64.16. Now, the first resistance to watch is $75.32. This is followed by the second major resistance level at $76.01. The third major resistance level sits at $76.43. If the price goes on to break the first support level at $74.21, it is likely to go to the next support level at $73.79. Should the price break the second support level, the third support level stands at $73.10.

Procore Technologies Inc (NYSE: PCOR) Key Stats

There are 143,492K outstanding shares of the company, which has a market capitalization of 10.71 billion. As of now, sales total 720,200 K while income totals -286,930 K. Its latest quarter income was 247,910 K while its last quarter net income were -43,850 K.