On Monday, Arlo Technologies Inc (NYSE: ARLO) was -3.18% down from the session before settling in for the closing price of $11.31. A 52-week range for ARLO has been $6.18 – $13.34.
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A company in the Industrials sector has jumped its sales by 2.17% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 47.71%. With a float of $91.29 million, this company’s outstanding shares have now reached $95.38 million.
In an organization with 363 employees, it is important to assess its efficiency.
Arlo Technologies Inc (ARLO) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Arlo Technologies Inc stocks. The insider ownership of Arlo Technologies Inc is 5.07%, while institutional ownership is 83.35%. The most recent insider transaction that took place on Mar 13 ’24, was worth 665,445. In this transaction GENERAL COUNSEL of this company sold 56,973 shares at a rate of $11.68, taking the stock ownership to the 604,905 shares. Before that another transaction happened on Mar 06 ’24, when Company’s CEO sold 119,900 for $10.91, making the entire transaction worth $1,308,133. This insider now owns 2,195,050 shares in total.
Arlo Technologies Inc (ARLO) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.55 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 47.71% per share during the next fiscal year.
Arlo Technologies Inc (NYSE: ARLO) Trading Performance Indicators
You can see what Arlo Technologies Inc (ARLO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.14. Likewise, its price to free cash flow for the trailing twelve months is 29.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.24, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.58 in one year’s time.
Technical Analysis of Arlo Technologies Inc (ARLO)
Let’s dig in a bit further. During the last 5-days, its volume was 0.73 million. That was inferior than the volume of 1.0 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 16.86%. Additionally, its Average True Range was 0.43.
During the past 100 days, Arlo Technologies Inc’s (ARLO) raw stochastic average was set at 52.30%, which indicates a significant increase from 6.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.47% in the past 14 days, which was lower than the 46.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.78, while its 200-day Moving Average is $10.02. However, in the short run, Arlo Technologies Inc’s stock first resistance to watch stands at $11.31. Second resistance stands at $11.68. The third major resistance level sits at $11.93. If the price goes on to break the first support level at $10.70, it is likely to go to the next support level at $10.45. The third support level lies at $10.09 if the price breaches the second support level.
Arlo Technologies Inc (NYSE: ARLO) Key Stats
There are 96,171K outstanding shares of the company, which has a market capitalization of 1.05 billion. As of now, sales total 491,180 K while income totals -22,040 K. Its latest quarter income was 135,090 K while its last quarter net income were 690 K.
