2.65% volatility in WillScot Mobile Mini Holdings Corp (WSC) last month: This is a red flag warning

WillScot Mobile Mini Holdings Corp (NASDAQ: WSC) on Tuesday, plunged -1.37% from the previous trading day, before settling in for the closing price of $40.12. Within the past 52 weeks, WSC’s price has moved between $34.40 and $52.16.

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Annual sales at Industrials sector company grew by 26.18% over the past five years. The company achieved an average annual earnings per share of 16.55%. With a float of $184.32 million, this company’s outstanding shares have now reached $189.97 million.

Let’s look at the performance matrix of the company that is accounted for 5000 employees.

WillScot Mobile Mini Holdings Corp (WSC) Insider Updates

Observing investor behavior towards Rental & Leasing Services industry stocks is more important than anything else. The insider ownership of WillScot Mobile Mini Holdings Corp is 2.97%, while institutional ownership is 96.55%. The most recent insider transaction that took place on Mar 08 ’24, was worth 3,562,612. In this transaction Director of this company sold 75,000 shares at a rate of $47.50, taking the stock ownership to the 2,420,905 shares. Before that another transaction happened on Mar 04 ’24, when Company’s Chief Executive Officer bought 5,000 for $47.76, making the entire transaction worth $238,788. This insider now owns 13,869 shares in total.

WillScot Mobile Mini Holdings Corp (WSC) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 71.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 16.55% per share during the next fiscal year.

WillScot Mobile Mini Holdings Corp (NASDAQ: WSC) Trading Performance Indicators

WillScot Mobile Mini Holdings Corp (WSC) is currently performing well based on its current performance indicators. A quick ratio of 0.93 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.18. Likewise, its price to free cash flow for the trailing twelve months is 14.68.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.50, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 2.58 in one year’s time.

Technical Analysis of WillScot Mobile Mini Holdings Corp (WSC)

WillScot Mobile Mini Holdings Corp (NASDAQ: WSC) saw its 5-day average volume 1.45 million, a negative change from its year-to-date volume of 1.82 million. As of the previous 9 days, the stock’s Stochastic %D was 1.61%. Additionally, its Average True Range was 1.16.

During the past 100 days, WillScot Mobile Mini Holdings Corp’s (WSC) raw stochastic average was set at 12.87%, which indicates a significant increase from 0.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.55% in the past 14 days, which was lower than the 28.88% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $46.62, while its 200-day Moving Average is $43.57. Nevertheless, the first resistance level for the watch stands at $39.98 in the near term. At $40.39, the stock is likely to face the second major resistance level. The third major resistance level sits at $40.61. If the price goes on to break the first support level at $39.34, it is likely to go to the next support level at $39.12. Assuming the price breaks the second support level, the third support level stands at $38.71.

WillScot Mobile Mini Holdings Corp (NASDAQ: WSC) Key Stats

Market capitalization of the company is 7.52 billion based on 189,971K outstanding shares. Right now, sales total 2,365 M and income totals 476,460 K. The company made 612,380 K in profit during its latest quarter, and 86,330 K in sales during its previous quarter.