As on Thursday, SMART Global Holdings Inc (NASDAQ: SGH) started slowly as it slid -4.01% to $17.72, before settling in for the price of $18.46 at the close. Taking a more long-term approach, SGH posted a 52-week range of $12.66-$29.99.
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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 3.33%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -52.48%. This publicly-traded company’s shares outstanding now amounts to $51.90 million, simultaneously with a float of $50.49 million. The organization now has a market capitalization sitting at $926.76 million. At the time of writing, stock’s 50-day Moving Average stood at $22.71, while the 200-day Moving Average is $21.51.
SMART Global Holdings Inc (SGH) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Semiconductors industry. SMART Global Holdings Inc’s current insider ownership accounts for 3.46%, in contrast to 104.76% institutional ownership. According to the most recent insider trade that took place on Apr 11 ’24, this organization’s President and CEO bought 10,000 shares at the rate of 18.79, making the entire transaction reach 187,896 in total value, affecting insider ownership by 29,640. Preceding that transaction, on Feb 20 ’24, Company’s EVP, COO, Pres, Mem Solutions sold 2,500 for 20.02, making the whole transaction’s value amount to 50,061. This particular insider is now the holder of 220,007 in total.
SMART Global Holdings Inc (SGH) Earnings and Revenue Records
SMART Global Holdings Inc’s EPS decrease for this current 12-month fiscal period is -52.48% and is forecasted to reach 2.03 in the upcoming year.
SMART Global Holdings Inc (NASDAQ: SGH) Trading Performance Indicators
Let’s observe the current performance indicators for SMART Global Holdings Inc (SGH). It’s Quick Ratio in the last reported quarter now stands at 2.66. The Stock has managed to achieve an average true range (ATR) of 1.29. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.74. Similarly, its price to free cash flow for trailing twelve months is now 14.11.
In the same vein, SGH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.00, a figure that is expected to reach 0.30 in the next quarter, and analysts are predicting that it will be 2.03 at the market close of one year from today.
Technical Analysis of SMART Global Holdings Inc (SGH)
Through scrutinizing the latest numbers posted by the [SMART Global Holdings Inc, SGH], it can be observed that its last 5-days Average volume of 1.18 million was better the volume of 1.12 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 4.53% While, its Average True Range was 1.38.
Raw Stochastic average of SMART Global Holdings Inc (SGH) in the period of the previous 100 days is set at 13.95%, which indicates a major rise in contrast to 0.63% 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 112.59% that was higher than 61.18% volatility it exhibited in the past 100-days period.
