Bentley Systems Inc (BSY) distance from 200-day Simple Moving Average is $50.60: Right on the Precipice

Bentley Systems Inc (NASDAQ: BSY) open the trading on Wednesday, with great promise as it jumped 2.47% to $50.11, before settling in for the price of $48.90 at the close. Taking a more long-term approach, BSY posted a 52-week range of $40.89-$55.37.

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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 12.27%. Meanwhile, its Annual Earning per share during the time was 13.02%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.11%. This publicly-traded company’s shares outstanding now amounts to $284.73 million, simultaneously with a float of $123.92 million. The organization now has a market capitalization sitting at $14.90 billion. At the time of writing, stock’s 50-day Moving Average stood at $50.52, while the 200-day Moving Average is $50.60.

Bentley Systems Inc (BSY) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Software – Application industry. Bentley Systems Inc’s current insider ownership accounts for 58.32%, in contrast to 39.84% institutional ownership. According to the most recent insider trade that took place on Mar 07 ’24, this organization’s Director sold 88,925 shares at the rate of 49.48, making the entire transaction reach 4,400,439 in total value, affecting insider ownership by 17,164,179. Preceding that transaction, on Mar 06 ’24, Company’s Director sold 200,437 for 49.84, making the whole transaction’s value amount to 9,989,829. This particular insider is now the holder of 17,253,104 in total.

Bentley Systems Inc (BSY) Earnings and Revenue Records

Bentley Systems Inc’s EPS increase for this current 12-month fiscal period is 6.11% and is forecasted to reach 1.14 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 0.80% through the next 5 years, which can be compared against the 13.02% growth it accomplished over the previous five years trading on the market.

Bentley Systems Inc (NASDAQ: BSY) Trading Performance Indicators

Let’s observe the current performance indicators for Bentley Systems Inc (BSY). It’s Quick Ratio in the last reported quarter now stands at 0.55. The Stock has managed to achieve an average true range (ATR) of 1.46. Alongside those numbers, its PE Ratio stands at $50.00, and its Beta score is 1.11. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 12.13. Similarly, its price to free cash flow for trailing twelve months is now 38.04.

In the same vein, BSY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.00, a figure that is expected to reach 0.26 in the next quarter, and analysts are predicting that it will be 1.14 at the market close of one year from today.

Technical Analysis of Bentley Systems Inc (BSY)

[Bentley Systems Inc, BSY] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 41.48% While, its Average True Range was 1.56.

Raw Stochastic average of Bentley Systems Inc (BSY) in the period of the previous 100 days is set at 47.78%, which indicates a major fall in contrast to 56.50% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 30.96% that was higher than 30.54% volatility it exhibited in the past 100-days period.