Airbnb Inc (ABNB) is gearing up for another turning point as it hit the volume of 3.72 million

On Monday, Airbnb Inc (NASDAQ: ABNB) opened lower -2.37% from the last session, before settling in for the closing price of $159.37. Price fluctuations for ABNB have ranged from $103.55 to $170.10 over the past 52 weeks.

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Consumer Cyclical Sector giant saw their annual sales surged by 27.50% over the last five years. Company’s average yearly earnings per share was noted -39.93% at the time writing. With a float of $414.91 million, this company’s outstanding shares have now reached $438.00 million.

The firm has a total of 6907 workers. Let’s measure their productivity.

Airbnb Inc (ABNB) Insider Activity

A key investor’s attitude towards the stock of the Travel Services industry is another important factor to consider. The insider ownership of Airbnb Inc is 34.98%, while institutional ownership is 50.64%. The most recent insider transaction that took place on Apr 09 ’24, was worth 96,930. In this transaction Chief Technology Officer of this company sold 600 shares at a rate of $161.55, taking the stock ownership to the 222,304 shares. Before that another transaction happened on Apr 02 ’24, when Company’s Chief Technology Officer sold 600 for $160.71, making the entire transaction worth $96,426. This insider now owns 143,131 shares in total.

Airbnb Inc (ABNB) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 45.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -39.93% per share during the next fiscal year.

Airbnb Inc (NASDAQ: ABNB) Trading Performance Indicators

Check out the current performance indicators for Airbnb Inc (ABNB). In the past quarter, the stock posted a quick ratio of 1.66. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.01. Likewise, its price to free cash flow for the trailing twelve months is 25.56.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.23, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 4.97 in one year’s time.

Technical Analysis of Airbnb Inc (ABNB)

Analysing the last 5-days average volume posted by the [Airbnb Inc, ABNB], we can find that recorded value of 3.15 million was lower than the volume posted last year of 4.67 million. As of the previous 9 days, the stock’s Stochastic %D was 35.09%. Additionally, its Average True Range was 4.63.

During the past 100 days, Airbnb Inc’s (ABNB) raw stochastic average was set at 67.90%, which indicates a significant increase from 7.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.79% in the past 14 days, which was lower than the 31.97% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $158.22, while its 200-day Moving Average is $140.38. Now, the first resistance to watch is $160.86. This is followed by the second major resistance level at $166.13. The third major resistance level sits at $169.35. If the price goes on to break the first support level at $152.37, it is likely to go to the next support level at $149.15. Should the price break the second support level, the third support level stands at $143.88.

Airbnb Inc (NASDAQ: ABNB) Key Stats

There are currently 647,065K shares outstanding in the company with a market cap of 99.29 billion. Presently, the company’s annual sales total 9,917 M according to its annual income of 4,792 M. Last quarter, the company’s sales amounted to 2,218 M and its income totaled -349,000 K.