On Friday, ChargePoint Holdings Inc (NYSE: CHPT) opened lower -2.42% from the last session, before settling in for the closing price of $1.65. Price fluctuations for CHPT have ranged from $1.56 to $10.10 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 33.40%. Company’s average yearly earnings per share was noted 49.02% at the time writing. With a float of $368.81 million, this company’s outstanding shares have now reached $421.12 million.
Let’s determine the extent of company efficiency that accounts for 1650 employees.
ChargePoint Holdings Inc (CHPT) Insider Activity
A key investor’s attitude towards the stock of the Specialty Retail industry is another important factor to consider. The insider ownership of ChargePoint Holdings Inc is 12.88%, while institutional ownership is 32.64%. The most recent insider transaction that took place on Mar 21 ’24, was worth 47,453. In this transaction President and CEO of this company sold 25,376 shares at a rate of $1.87, taking the stock ownership to the 2,359,462 shares. Before that another transaction happened on Mar 21 ’24, when Company’s Interim CFO sold 19,035 for $1.87, making the entire transaction worth $35,595. This insider now owns 421,500 shares in total.
ChargePoint Holdings Inc (CHPT) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.61 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 49.02% per share during the next fiscal year.
ChargePoint Holdings Inc (NYSE: CHPT) Trading Performance Indicators
Check out the current performance indicators for ChargePoint Holdings Inc (CHPT). In the past quarter, the stock posted a quick ratio of 1.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.23, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.39 in one year’s time.
Technical Analysis of ChargePoint Holdings Inc (CHPT)
Looking closely at ChargePoint Holdings Inc (NYSE: CHPT), its last 5-days average volume was 11.76 million, which is a drop from its year-to-date volume of 14.58 million. As of the previous 9 days, the stock’s Stochastic %D was 5.45%. Additionally, its Average True Range was 0.12.
During the past 100 days, ChargePoint Holdings Inc’s (CHPT) raw stochastic average was set at 3.18%, which indicates a significant increase from 2.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.90% in the past 14 days, which was lower than the 106.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.9122, while its 200-day Moving Average is $3.9808. However, in the short run, ChargePoint Holdings Inc’s stock first resistance to watch stands at $1.6600. Second resistance stands at $1.7100. The third major resistance level sits at $1.7400. If the price goes on to break the first support level at $1.5800, it is likely to go to the next support level at $1.5500. Should the price break the second support level, the third support level stands at $1.5000.
ChargePoint Holdings Inc (NYSE: CHPT) Key Stats
There are currently 418,028K shares outstanding in the company with a market cap of 681.61 million. Presently, the company’s annual sales total 506,640 K according to its annual income of -457,610 K. Last quarter, the company’s sales amounted to 115,830 K and its income totaled -94,750 K.
