CI&T Inc (CINT) average volume reaches $94.54K: Is Wall Street expecting a rally?

CI&T Inc (NYSE: CINT) on Tuesday, soared 1.32% from the previous trading day ,before settling in for the closing price of $4.54. Within the past 52 weeks, CINT’s price has moved between $3.34 and $7.20.

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Technology Sector giant saw their annual sales surged by 29.05% over the last five years. The company achieved an average annual earnings per share of 41.99%. With a float of $21.00 million, this company’s outstanding shares have now reached $134.41 million.

The firm has a total of 6111 workers. Let’s measure their productivity.

CI&T Inc (CINT) Insider Activity

Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of CI&T Inc is 84.37%, while institutional ownership is 8.01%.

CI&T Inc (CINT) Earnings and Forecasts

As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0.07 earnings per share (EPS) for the period topping the consensus outlook (set at $0.06) by $0.01. 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 41.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.54% during the next five years compared to 15.74% growth over the previous five years of trading.

CI&T Inc (NYSE: CINT) Trading Performance Indicators

CI&T Inc (CINT) is currently performing well based on its current performance indicators. A quick ratio of 2.00 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 1.38. Likewise, its price to free cash flow for the trailing twelve months is 10.63.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.23, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.35 in one year’s time.

Technical Analysis of CI&T Inc (CINT)

Analysing the last 5-days average volume posted by the [CI&T Inc, CINT], we can find that recorded value of 0.25 million was better than the volume posted last year of 0.11 million. As of the previous 9 days, the stock’s Stochastic %D was 71.65%. Additionally, its Average True Range was 0.25.

During the past 100 days, CI&T Inc’s (CINT) raw stochastic average was set at 45.45%, which indicates a significant decrease from 67.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.57% in the past 14 days, which was lower than the 44.59% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.38, while its 200-day Moving Average is $5.23. Now, the first resistance to watch is $4.81. This is followed by the second major resistance level at $5.01. The third major resistance level sits at $5.15. If the price goes on to break the first support level at $4.47, it is likely to go to the next support level at $4.33. Should the price break the second support level, the third support level stands at $4.13.

CI&T Inc (NYSE: CINT) Key Stats

Market capitalization of the company is 618.29 million based on 134,412K outstanding shares. Right now, sales total 447,360 K and income totals 26,550 K. The company made 106,070 K in profit during its latest quarter, and -600 K in sales during its previous quarter.