2.63% volatility in Resideo Technologies Inc (REZI) last month: This is a red flag warning

Resideo Technologies Inc (NYSE: REZI) on Tuesday, soared 2.59% from the previous trading day, before settling in for the closing price of $19.28. Within the past 52 weeks, REZI’s price has moved between $14.19 and $23.21.

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

A company in the Industrials sector has jumped its sales by 5.45% annually for the last half of the decade. The company achieved an average annual earnings per share of 4.89%. With a float of $142.14 million, this company’s outstanding shares have now reached $145.39 million.

In an organization with 14000 employees, it is important to assess its efficiency.

Resideo Technologies Inc (REZI) Insider Updates

Observing investor behavior towards Security & Protection Services industry stocks is more important than anything else. The insider ownership of Resideo Technologies Inc is 2.19%, while institutional ownership is 92.36%. The most recent insider transaction that took place on Nov 16 ’23, was worth 329,000. In this transaction President Products & Solutions of this company sold 20,000 shares at a rate of $16.45, taking the stock ownership to the 149,855 shares. Before that another transaction happened on Jun 07 ’23, when Company’s Chief Accounting Officer sold 13,543 for $17.25, making the entire transaction worth $233,617. This insider now owns 41,259 shares in total.

Resideo Technologies Inc (REZI) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 4.89% per share during the next fiscal year.

Resideo Technologies Inc (NYSE: REZI) Trading Performance Indicators

Resideo Technologies Inc (REZI) is currently performing well based on its current performance indicators. A quick ratio of 1.18 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 0.46. Likewise, its price to free cash flow for the trailing twelve months is 8.58.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.42, a number that is poised to hit 0.33 in the next quarter and is forecasted to reach 1.82 in one year’s time.

Technical Analysis of Resideo Technologies Inc (REZI)

Let’s dig in a bit further. During the last 5-days, its volume was 1.07 million. That was better than the volume of 0.95 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 13.82%. Additionally, its Average True Range was 0.62.

During the past 100 days, Resideo Technologies Inc’s (REZI) raw stochastic average was set at 51.35%, which indicates a significant increase from 20.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.63% in the past 14 days, which was lower than the 44.14% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $21.61, while its 200-day Moving Average is $17.92. However, in the short run, Resideo Technologies Inc’s stock first resistance to watch stands at $19.99. Second resistance stands at $20.19. The third major resistance level sits at $20.47. If the price goes on to break the first support level at $19.51, it is likely to go to the next support level at $19.23. Assuming the price breaks the second support level, the third support level stands at $19.03.

Resideo Technologies Inc (NYSE: REZI) Key Stats

Market capitalization of the company is 2.87 billion based on 145,319K outstanding shares. Right now, sales total 6,242 M and income totals 210,000 K. The company made 1,537 M in profit during its latest quarter, and 82,000 K in sales during its previous quarter.