A new trading day began on Monday, with Tenable Holdings Inc (NASDAQ: TENB) stock price down -5.30% from the previous day of trading, before settling in for the closing price of $48.51. TENB’s price has ranged from $33.85 to $53.50 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 24.57%. Meanwhile, its annual earnings per share averaged 34.45%. With a float of $116.13 million, this company’s outstanding shares have now reached $117.15 million.
The extent of productivity of a business whose workforce counts for 1999 workers is very important to gauge.
Tenable Holdings Inc (TENB) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Tenable Holdings Inc is 1.69%, while institutional ownership is 89.71%. The most recent insider transaction that took place on Mar 28 ’24, was worth 768,362. In this transaction Chief Financial Officer of this company sold 15,505 shares at a rate of $49.56, taking the stock ownership to the 257,924 shares. Before that another transaction happened on Mar 21 ’24, when Company’s Chief Financial Officer sold 11,586 for $49.11, making the entire transaction worth $568,988. This insider now owns 257,924 shares in total.
Tenable Holdings Inc (TENB) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 45.94 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 34.45% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 44.70% during the next five years compared to 13.22% growth over the previous five years of trading.
Tenable Holdings Inc (NASDAQ: TENB) Trading Performance Indicators
Here are Tenable Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.79. Likewise, its price to free cash flow for the trailing twelve months is 38.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.68, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 1.33 in one year’s time.
Technical Analysis of Tenable Holdings Inc (TENB)
The latest stats from [Tenable Holdings Inc, TENB] show that its last 5-days average volume of 0.75 million was inferior to 0.97 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 48.57%. Additionally, its Average True Range was 1.47.
During the past 100 days, Tenable Holdings Inc’s (TENB) raw stochastic average was set at 47.57%, which indicates a significant increase from 6.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.25% in the past 14 days, which was higher than the 31.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.20, while its 200-day Moving Average is $44.98. Now, the first resistance to watch is $47.73. This is followed by the second major resistance level at $49.52. The third major resistance level sits at $50.56. If the price goes on to break the first support level at $44.90, it is likely to go to the next support level at $43.86. Assuming the price breaks the second support level, the third support level stands at $42.07.
Tenable Holdings Inc (NASDAQ: TENB) Key Stats
With a market capitalization of 5.43 billion, the company has a total of 118,120K Shares Outstanding. Currently, annual sales are 798,710 K while annual income is -78,280 K. The company’s previous quarter sales were 213,310 K while its latest quarter income was -21,650 K.
