2.98% volatility in Crocs Inc (CROX) last month: This is a red flag warning

Crocs Inc (NASDAQ: CROX) on Tuesday, plunged -3.40% from the previous trading day ,before settling in for the closing price of $132.73. Within the past 52 weeks, CROX’s price has moved between $74.00 and $151.32.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 31.55%. The company achieved an average annual earnings per share of 3.52%. With a float of $58.26 million, this company’s outstanding shares have now reached $60.49 million.

The extent of productivity of a business whose workforce counts for 7030 workers is very important to gauge.

Crocs Inc (CROX) Insider Updates

Observing investor behavior towards Footwear & Accessories industry stocks is more important than anything else. The insider ownership of Crocs Inc is 3.71%, while institutional ownership is 94.77%. The most recent insider transaction that took place on Mar 14 ’24, was worth 249,949. In this transaction Director of this company bought 1,972 shares at a rate of $126.75, taking the stock ownership to the 3,153 shares. Before that another transaction happened on Mar 12 ’24, when Company’s President sold 5,074 for $124.98, making the entire transaction worth $634,144. This insider now owns 52,966 shares in total.

Crocs Inc (CROX) Performance Highlights and Predictions

As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $2.58 earnings per share (EPS) for the period topping the consensus outlook (set at $2.37) by $0.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.49 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 3.52% per share during the next fiscal year.

Crocs Inc (NASDAQ: CROX) Trading Performance Indicators

Crocs Inc (CROX) is currently performing well based on its current performance indicators. A quick ratio of 0.75 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 1.96. Likewise, its price to free cash flow for the trailing twelve months is 9.52.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.81, a number that is poised to hit 2.23 in the next quarter and is forecasted to reach 13.61 in one year’s time.

Technical Analysis of Crocs Inc (CROX)

The latest stats from [Crocs Inc, CROX] show that its last 5-days average volume of 1.18 million was inferior to 1.48 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 6.93%. Additionally, its Average True Range was 4.23.

During the past 100 days, Crocs Inc’s (CROX) raw stochastic average was set at 72.43%, which indicates a significant increase from 12.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.02% in the past 14 days, which was lower than the 51.46% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $122.40, while its 200-day Moving Average is $104.21. Now, the first resistance to watch is $131.55. This is followed by the second major resistance level at $134.87. The third major resistance level sits at $137.85. If the price goes on to break the first support level at $125.24, it is likely to go to the next support level at $122.26. Assuming the price breaks the second support level, the third support level stands at $118.94.

Crocs Inc (NASDAQ: CROX) Key Stats

Market capitalization of the company is 7.76 billion based on 60,500K outstanding shares. Right now, sales total 3,962 M and income totals 792,570 K. The company made 960,100 K in profit during its latest quarter, and 253,590 K in sales during its previous quarter.