Envestnet Inc. (ENV) posted a 3.67% change over the last five days signaling a new trend

On Tuesday, Envestnet Inc. (NYSE: ENV) opened higher 9.30% from the last session, before settling in for the closing price of $56.54. Price fluctuations for ENV have ranged from $33.12 to $66.50 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 9.10%. Company’s average yearly earnings per share was noted 23.76% at the time writing. With a float of $54.20 million, this company’s outstanding shares have now reached $54.77 million.

Considering the fact that the conglomerate employs 3100 people, you should pay attention to its efficiency factor.

Envestnet Inc. (ENV) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Envestnet Inc. is 1.49%, while institutional ownership is 107.22%. The most recent insider transaction that took place on Mar 25 ’24, was worth 39,844. In this transaction Principal Accounting Officer of this company sold 700 shares at a rate of $56.92, taking the stock ownership to the 15,212 shares. Before that another transaction happened on Mar 15 ’24, when Company’s Director bought 1,670 for $52.99, making the entire transaction worth $88,493. This insider now owns 4,188,871 shares in total.

Envestnet Inc. (ENV) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 23.76% per share during the next fiscal year.

Envestnet Inc. (NYSE: ENV) Trading Performance Indicators

Check out the current performance indicators for Envestnet Inc. (ENV). In the past quarter, the stock posted a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.73. Likewise, its price to free cash flow for the trailing twelve months is 25.03.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.38, a number that is poised to hit 0.55 in the next quarter and is forecasted to reach 3.11 in one year’s time.

Technical Analysis of Envestnet Inc. (ENV)

Compared to the last year’s volume of 0.48 million, its volume of 1.15 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 30.02%. Additionally, its Average True Range was 2.56.

During the past 100 days, Envestnet Inc.’s (ENV) raw stochastic average was set at 78.30%, which indicates a significant increase from 48.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.85% in the past 14 days, which was higher than the 38.43% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $54.26, while its 200-day Moving Average is $49.89. Nevertheless, the first resistance level for the watch stands at $68.70 in the near term. At $75.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $82.37. If the price goes on to break the first support level at $55.03, it is likely to go to the next support level at $48.26. Now, if the price goes above the second support level, the third support stands at $41.36.

Envestnet Inc. (NYSE: ENV) Key Stats

There are currently 54,789K shares outstanding in the company with a market cap of 3.40 billion. Presently, the company’s annual sales total 1,246 M according to its annual income of -238,720 K. Last quarter, the company’s sales amounted to 317,630 K and its income totaled -183,170 K.