Duolingo Inc (DUOL)’s latest performance is not what we had anticipated

On Monday, Duolingo Inc (NASDAQ: DUOL) was -7.34% down from the session before settling in for the closing price of $211.04. A 52-week range for DUOL has been $116.82 – $245.87.

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Annual sales at Technology sector company grew by 68.67% over the past five years. When this article was written, the company’s average yearly earnings per share was at 253.53%. With a float of $36.04 million, this company’s outstanding shares have now reached $36.31 million.

Let’s look at the performance matrix of the company that is accounted for 720 employees.

Duolingo Inc (DUOL) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Duolingo Inc stocks. The insider ownership of Duolingo Inc is 15.93%, while institutional ownership is 77.13%. The most recent insider transaction that took place on Apr 08 ’24, was worth 323,025. In this transaction Chief Engineering Officer of this company sold 1,500 shares at a rate of $215.35, taking the stock ownership to the 124,505 shares. Before that another transaction happened on Apr 01 ’24, when Company’s President & CEO, Co-Founder sold 12,000 for $218.40, making the entire transaction worth $2,620,812. This insider now owns 0 shares in total.

Duolingo Inc (DUOL) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 25.27 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 253.53% per share during the next fiscal year.

Duolingo Inc (NASDAQ: DUOL) Trading Performance Indicators

You can see what Duolingo Inc (DUOL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 15.79. Likewise, its price to free cash flow for the trailing twelve months is 55.75.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.32, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 2.33 in one year’s time.

Technical Analysis of Duolingo Inc (DUOL)

Duolingo Inc (NASDAQ: DUOL) saw its 5-day average volume 0.38 million, a negative change from its year-to-date volume of 0.64 million. As of the previous 9 days, the stock’s Stochastic %D was 20.53%. Additionally, its Average True Range was 9.55.

During the past 100 days, Duolingo Inc’s (DUOL) raw stochastic average was set at 32.22%, which indicates a significant increase from 1.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.53% in the past 14 days, which was lower than the 50.82% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $207.74, while its 200-day Moving Average is $182.95. Nevertheless, the first resistance level for the watch stands at $206.63 in the near term. At $217.70, the stock is likely to face the second major resistance level. The third major resistance level sits at $223.50. If the price goes on to break the first support level at $189.76, it is likely to go to the next support level at $183.96. Assuming the price breaks the second support level, the third support level stands at $172.89.

Duolingo Inc (NASDAQ: DUOL) Key Stats

There are 42,876K outstanding shares of the company, which has a market capitalization of 8.39 billion. As of now, sales total 531,110 K while income totals 16,070 K. Its latest quarter income was 150,990 K while its last quarter net income were 12,120 K.