$3.92M in average volume shows that Foot Locker Inc (FL) is heading in the right direction

A new trading day began on Monday, with Foot Locker Inc (NYSE: FL) stock price up 0.36% from the previous day of trading, before settling in for the closing price of $21.92. FL’s price has ranged from $14.84 to $42.79 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Consumer Cyclical Sector giant saw their annual sales surged by 1.25% over the last five years. Meanwhile, its annual earnings per share averaged 10.19%. With a float of $81.36 million, this company’s outstanding shares have now reached $94.22 million.

The firm has a total of 46846 workers. Let’s measure their productivity.

Foot Locker Inc (FL) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Apparel Retail Industry. The insider ownership of Foot Locker Inc is 13.90%, while institutional ownership is 93.89%. The most recent insider transaction that took place on Sep 08 ’23, was worth 100,117. In this transaction President & CEO of this company bought 5,510 shares at a rate of $18.17, taking the stock ownership to the 27,649 shares.

Foot Locker Inc (FL) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.35 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 10.19% per share during the next fiscal year.

Foot Locker Inc (NYSE: FL) Trading Performance Indicators

Here are Foot Locker Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.25.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.51, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 2.22 in one year’s time.

Technical Analysis of Foot Locker Inc (FL)

Analysing the last 5-days average volume posted by the [Foot Locker Inc, FL], we can find that recorded value of 3.44 million was lower than the volume posted last year of 3.78 million. As of the previous 9 days, the stock’s Stochastic %D was 5.96%. Additionally, its Average True Range was 1.19.

During the past 100 days, Foot Locker Inc’s (FL) raw stochastic average was set at 1.52%, which indicates a significant decrease from 2.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.99% in the past 14 days, which was lower than the 78.43% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $27.68, while its 200-day Moving Average is $25.00. Now, the first resistance to watch is $22.35. This is followed by the second major resistance level at $22.70. The third major resistance level sits at $22.98. If the price goes on to break the first support level at $21.72, it is likely to go to the next support level at $21.44. Should the price break the second support level, the third support level stands at $21.09.

Foot Locker Inc (NYSE: FL) Key Stats

With a market capitalization of 2.08 billion, the company has a total of 94,495K Shares Outstanding. Currently, annual sales are 8,168 M while annual income is -330,000 K. The company’s previous quarter sales were 2,384 M while its latest quarter income was -389,000 K.