6.29% volatility in Noodles & Company (NDLS) last month: This is a red flag warning

Noodles & Company (NASDAQ: NDLS) kicked off on Tuesday, down -7.82% from the previous trading day, before settling in for the closing price of $1.47. Over the past 52 weeks, NDLS has traded in a range of $1.46-$5.21.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 2.57%. While this was happening, its average annual earnings per share was recorded -169.70%. With a float of $30.15 million, this company’s outstanding shares have now reached $44.99 million.

The extent of productivity of a business whose workforce counts for 7600 workers is very important to gauge.

Noodles & Company (NDLS) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Restaurants Industry. The insider ownership of Noodles & Company is 33.00%, while institutional ownership is 55.89%. The most recent insider transaction that took place on Jun 02 ’23, was worth 9,889. In this transaction EVP – Technology of this company bought 2,900 shares at a rate of $3.41, taking the stock ownership to the 52,141 shares. Before that another transaction happened on May 15 ’23, when Company’s Chief Operating Officer bought 2,000 for $3.89, making the entire transaction worth $7,780. This insider now owns 155,323 shares in total.

Noodles & Company (NDLS) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -169.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to -1.51% drop over the previous five years of trading.

Noodles & Company (NASDAQ: NDLS) Trading Performance Indicators

Take a look at Noodles & Company’s (NDLS) current performance indicators. Last quarter, stock had a quick ratio of 0.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.12.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.22, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.23 in one year’s time.

Technical Analysis of Noodles & Company (NDLS)

The latest stats from [Noodles & Company, NDLS] show that its last 5-days average volume of 0.44 million was superior to 0.26 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 5.95%. Additionally, its Average True Range was 0.11.

During the past 100 days, Noodles & Company’s (NDLS) raw stochastic average was set at 2.94%, which indicates a significant decrease from 9.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.30% in the past 14 days, which was lower than the 56.67% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.1099, while its 200-day Moving Average is $2.6660. Now, the first resistance to watch is $1.4400. This is followed by the second major resistance level at $1.5250. The third major resistance level sits at $1.6000. If the price goes on to break the first support level at $1.2800, it is likely to go to the next support level at $1.2050. Assuming the price breaks the second support level, the third support level stands at $1.1200.

Noodles & Company (NASDAQ: NDLS) Key Stats

The company with the Market Capitalisation of 60.96 million has total of 44,990K Shares Outstanding. Its annual sales at the moment are 503,410 K in contrast with the sum of -9,860 K annual income. Company’s last quarter sales were recorded 124,320 K and last quarter income was -6,140 K.