Udemy Inc (UDMY)’s latest performance is not what we had anticipated

Udemy Inc (NASDAQ: UDMY) kicked off on Monday, up 3.02% from the previous trading day, before settling in for the closing price of $9.92. Over the past 52 weeks, UDMY has traded in a range of $8.17-$16.01.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Annual sales at Consumer Defensive sector company grew by 28.35% over the past five years. While this was happening, its average annual earnings per share was recorded 44.33%. With a float of $78.71 million, this company’s outstanding shares have now reached $157.17 million.

Let’s look at the performance matrix of the company that is accounted for 1443 employees.

Udemy Inc (UDMY) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Education & Training Services Industry. The insider ownership of Udemy Inc is 50.21%, while institutional ownership is 38.87%. The most recent insider transaction that took place on Apr 01 ’24, was worth 164,400. In this transaction Director of this company sold 15,000 shares at a rate of $10.96, taking the stock ownership to the 1,661,050 shares. Before that another transaction happened on Mar 15 ’24, when Company’s Director sold 15,000 for $10.97, making the entire transaction worth $164,550. This insider now owns 1,676,050 shares in total.

Udemy Inc (UDMY) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 44.33% per share during the next fiscal year.

Udemy Inc (NASDAQ: UDMY) Trading Performance Indicators

Take a look at Udemy Inc’s (UDMY) current performance indicators. Last quarter, stock had a quick ratio of 1.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.72, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.22 in one year’s time.

Technical Analysis of Udemy Inc (UDMY)

Udemy Inc (NASDAQ: UDMY) saw its 5-day average volume 0.59 million, a negative change from its year-to-date volume of 0.91 million. As of the previous 9 days, the stock’s Stochastic %D was 40.41%. Additionally, its Average True Range was 0.31.

During the past 100 days, Udemy Inc’s (UDMY) raw stochastic average was set at 8.24%, which indicates a significant decrease from 43.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.60% in the past 14 days, which was lower than the 48.84% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.04, while its 200-day Moving Average is $11.67. Nevertheless, the first resistance level for the watch stands at $10.34 in the near term. At $10.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.66. If the price goes on to break the first support level at $10.02, it is likely to go to the next support level at $9.83. Assuming the price breaks the second support level, the third support level stands at $9.70.

Udemy Inc (NASDAQ: UDMY) Key Stats

The company with the Market Capitalisation of 1.62 billion has total of 153,257K Shares Outstanding. Its annual sales at the moment are 728,940 K in contrast with the sum of -107,290 K annual income. Company’s last quarter sales were recorded 189,550 K and last quarter income was -20,250 K.