Whole Earth Brands Inc (NASDAQ: FREE) on Tuesday, plunged -0.21% from the previous trading day, before settling in for the closing price of $4.83. Within the past 52 weeks, FREE’s price has moved between $2.09 and $4.85.
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A company in the Consumer Defensive sector has jumped its sales by 22.96% annually for the last half of the decade. The company achieved an average annual earnings per share of 90.00%. With a float of $26.71 million, this company’s outstanding shares have now reached $42.85 million.
In an organization with 590 employees, it is important to assess its efficiency.
Whole Earth Brands Inc (FREE) Insider Updates
Observing investor behavior towards Packaged Foods industry stocks is more important than anything else. The insider ownership of Whole Earth Brands Inc is 37.67%, while institutional ownership is 52.55%. The most recent insider transaction that took place on Jun 16 ’23, was worth 1,466,671. In this transaction 10% Owner of this company bought 488,923 shares at a rate of $3.00, taking the stock ownership to the 8,855,223 shares. Before that another transaction happened on May 25 ’23, when Company’s Chief Financial Officer bought 21,950 for $3.46, making the entire transaction worth $75,947. This insider now owns 100,000 shares in total.
Whole Earth Brands Inc (FREE) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 90.00% per share during the next fiscal year.
Whole Earth Brands Inc (NASDAQ: FREE) Trading Performance Indicators
Whole Earth Brands Inc (FREE) is currently performing well based on its current performance indicators. A quick ratio of 1.12 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.37. Likewise, its price to free cash flow for the trailing twelve months is 10.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.90, a number that is poised to hit -0.02 in the next quarter
Technical Analysis of Whole Earth Brands Inc (FREE)
Let’s dig in a bit further. During the last 5-days, its volume was 0.58 million. That was inferior than the volume of 0.71 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 66.75%. Additionally, its Average True Range was 0.03.
During the past 100 days, Whole Earth Brands Inc’s (FREE) raw stochastic average was set at 98.37%, which indicates a significant increase from 50.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 3.40% in the past 14 days, which was lower than the 55.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.77, while its 200-day Moving Average is $3.90. However, in the short run, Whole Earth Brands Inc’s stock first resistance to watch stands at $4.84. Second resistance stands at $4.85. The third major resistance level sits at $4.87. If the price goes on to break the first support level at $4.81, it is likely to go to the next support level at $4.79. Assuming the price breaks the second support level, the third support level stands at $4.78.
Whole Earth Brands Inc (NASDAQ: FREE) Key Stats
Market capitalization of the company is 206.59 million based on 42,859K outstanding shares. Right now, sales total 550,910 K and income totals -38,100 K. The company made 151,160 K in profit during its latest quarter, and -7,350 K in sales during its previous quarter.
