A new trading day began on Tuesday, with Cricut Inc (NASDAQ: CRCT) stock price down -0.20% from the previous day of trading, before settling in for the closing price of $5.00. CRCT’s price has ranged from $4.43 to $16.51 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 26.14%. Meanwhile, its annual earnings per share averaged -4.47%. With a float of $41.91 million, this company’s outstanding shares have now reached $51.41 million.
Considering the fact that the conglomerate employs 690 people, you should pay attention to its efficiency factor.
Cricut Inc (CRCT) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Computer Hardware Industry. The insider ownership of Cricut Inc is 80.67%, while institutional ownership is 7.90%. The most recent insider transaction that took place on Mar 07 ’24, was worth 23,469,202. In this transaction 10% Owner of this company sold 5,273,978 shares at a rate of $4.45, taking the stock ownership to the 0 shares. Before that another transaction happened on Feb 21 ’24, when Company’s 10% Owner sold 1,000,000 for $4.83, making the entire transaction worth $4,830,000. This insider now owns 5,273,978 shares in total.
Cricut Inc (CRCT) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.76 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.47% per share during the next fiscal year.
Cricut Inc (NASDAQ: CRCT) Trading Performance Indicators
Here are Cricut Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.41. Likewise, its price to free cash flow for the trailing twelve months is 4.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.24, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.29 in one year’s time.
Technical Analysis of Cricut Inc (CRCT)
Compared to the last year’s volume of 0.88 million, its volume of 0.81 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 54.40%. Additionally, its Average True Range was 0.24.
During the past 100 days, Cricut Inc’s (CRCT) raw stochastic average was set at 17.23%, which indicates a significant decrease from 54.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.92% in the past 14 days, which was lower than the 44.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.99, while its 200-day Moving Average is $7.74. Nevertheless, the first resistance level for the watch stands at $5.05 in the near term. At $5.11, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.22. If the price goes on to break the first support level at $4.89, it is likely to go to the next support level at $4.78. Should the price break the second support level, the third support level stands at $4.72.
Cricut Inc (NASDAQ: CRCT) Key Stats
With a market capitalization of 1.08 billion, the company has a total of 216,797K Shares Outstanding. Currently, annual sales are 765,150 K while annual income is 53,640 K. The company’s previous quarter sales were 231,250 K while its latest quarter income was 11,290 K.
