$847.96K in average volume shows that Monday.Com Ltd (MNDY) is heading in the right direction

On Tuesday, Monday.Com Ltd (NASDAQ: MNDY) opened higher 1.59% from the last session, before settling in for the closing price of $181.89. Price fluctuations for MNDY have ranged from $108.35 to $239.22 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 76.65%. Company’s average yearly earnings per share was noted 7.38% at the time writing. With a float of $33.14 million, this company’s outstanding shares have now reached $48.92 million.

Considering the fact that the conglomerate employs 1854 people, you should pay attention to its efficiency factor.

Monday.Com Ltd (MNDY) Insider Activity

A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Monday.Com Ltd is 32.26%, while institutional ownership is 61.38%.

Monday.Com Ltd (MNDY) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 12/31/2023, the company posted 0.14 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.28) by 0.42. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.48 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 7.38% per share during the next fiscal year.

Monday.Com Ltd (NASDAQ: MNDY) Trading Performance Indicators

Check out the current performance indicators for Monday.Com Ltd (MNDY). In the past quarter, the stock posted a quick ratio of 2.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.39. Likewise, its price to free cash flow for the trailing twelve months is 45.71.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.07, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 2.62 in one year’s time.

Technical Analysis of Monday.Com Ltd (MNDY)

Compared to the last year’s volume of 0.81 million, its volume of 0.71 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 20.00%. Additionally, its Average True Range was 8.32.

During the past 100 days, Monday.Com Ltd’s (MNDY) raw stochastic average was set at 21.37%, which indicates a significant increase from 19.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.57% in the past 14 days, which was lower than the 44.04% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $213.81, while its 200-day Moving Average is $182.02. Nevertheless, the first resistance level for the watch stands at $188.31 in the near term. At $191.84, the stock is likely to face the second major resistance level. The third major resistance level sits at $195.15. If the price goes on to break the first support level at $181.47, it is likely to go to the next support level at $178.16. Should the price break the second support level, the third support level stands at $174.63.

Monday.Com Ltd (NASDAQ: MNDY) Key Stats

There are currently 48,278K shares outstanding in the company with a market cap of 9.04 billion. Presently, the company’s annual sales total 729,700 K according to its annual income of -1,880 K. Last quarter, the company’s sales amounted to 202,570 K and its income totaled 12,340 K.