Allbirds Inc (BIRD) is destined for greater heights as its last quarter sales were 71,990 K

On Monday, Allbirds Inc (NASDAQ: BIRD) opened higher 9.07% from the last session, before settling in for the closing price of $0.60. Price fluctuations for BIRD have ranged from $0.54 to $1.83 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 8.10%. Company’s average yearly earnings per share was noted 30.86% at the time writing. With a float of $96.81 million, this company’s outstanding shares have now reached $102.58 million.

Allbirds Inc (BIRD) Insider Updates

A key investor’s attitude towards the stock of the Apparel Retail industry is another important factor to consider. The insider ownership of Allbirds Inc is 37.62%, while institutional ownership is 25.66%. The most recent insider transaction that took place on Mar 01 ’24, was worth 21,661. In this transaction Chief Operating Officer of this company sold 23,935 shares at a rate of $0.91, taking the stock ownership to the 321,740 shares. Before that another transaction happened on Dec 04 ’23, when Company’s Chief Operating Officer sold 17,341 for $1.05, making the entire transaction worth $18,173. This insider now owns 345,675 shares in total.

Allbirds Inc (BIRD) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 30.86% per share during the next fiscal year.

Allbirds Inc (NASDAQ: BIRD) Trading Performance Indicators

Check out the current performance indicators for Allbirds Inc (BIRD). In the past quarter, the stock posted a quick ratio of 3.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.40.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.00, a number that is poised to hit -0.21 in the next quarter and is forecasted to reach -0.57 in one year’s time.

Technical Analysis of Allbirds Inc (BIRD)

The latest stats from [Allbirds Inc, BIRD] show that its last 5-days average volume of 1.62 million was superior to 1.03 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 42.55%. Additionally, its Average True Range was 0.07.

During the past 100 days, Allbirds Inc’s (BIRD) raw stochastic average was set at 12.76%, which indicates a significant decrease from 49.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 88.98% in the past 14 days, which was lower than the 89.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.7746, while its 200-day Moving Average is $1.0502. Now, the first resistance to watch is $0.7475. This is followed by the second major resistance level at $0.8433. The third major resistance level sits at $0.9165. If the price goes on to break the first support level at $0.5785, it is likely to go to the next support level at $0.5053. Assuming the price breaks the second support level, the third support level stands at $0.4095.

Allbirds Inc (NASDAQ: BIRD) Key Stats

There are currently 155,189K shares outstanding in the company with a market cap of 101.15 million. Presently, the company’s annual sales total 254,070 K according to its annual income of -152,460 K. Last quarter, the company’s sales amounted to 71,990 K and its income totaled -56,780 K.