Arlo Technologies Inc (NYSE: ARLO) on Tuesday, soared 3.11% from the previous trading day, before settling in for the closing price of $10.60. Within the past 52 weeks, ARLO’s price has moved between $6.18 and $13.34.
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Industrials Sector giant saw their annual sales surged by 2.17% over the last five years. The company achieved an average annual earnings per share of 47.71%. With a float of $91.24 million, this company’s outstanding shares have now reached $95.38 million.
The firm has a total of 363 workers. Let’s measure their productivity.
Arlo Technologies Inc (ARLO) Insider Activity
Observing investor behavior towards Building Products & Equipment industry stocks is more important than anything else. The insider ownership of Arlo Technologies Inc is 5.12%, while institutional ownership is 83.47%. The most recent insider transaction that took place on Mar 13 ’24, was worth 665,445. In this transaction GENERAL COUNSEL of this company sold 56,973 shares at a rate of $11.68, taking the stock ownership to the 604,905 shares. Before that another transaction happened on Mar 06 ’24, when Company’s CEO sold 119,900 for $10.91, making the entire transaction worth $1,308,133. This insider now owns 2,195,050 shares in total.
Arlo Technologies Inc (ARLO) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 47.71% per share during the next fiscal year.
Arlo Technologies Inc (NYSE: ARLO) Trading Performance Indicators
Arlo Technologies Inc (ARLO) is currently performing well based on its current performance indicators. A quick ratio of 1.31 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 2.14. Likewise, its price to free cash flow for the trailing twelve months is 29.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.24, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.58 in one year’s time.
Technical Analysis of Arlo Technologies Inc (ARLO)
Analysing the last 5-days average volume posted by the [Arlo Technologies Inc, ARLO], we can find that recorded value of 0.7 million was lower than the volume posted last year of 0.98 million. As of the previous 9 days, the stock’s Stochastic %D was 24.37%. Additionally, its Average True Range was 0.39.
During the past 100 days, Arlo Technologies Inc’s (ARLO) raw stochastic average was set at 51.90%, which indicates a significant increase from 26.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.51% in the past 14 days, which was lower than the 47.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.01, while its 200-day Moving Average is $10.02. Now, the first resistance to watch is $11.08. This is followed by the second major resistance level at $11.22. The third major resistance level sits at $11.50. If the price goes on to break the first support level at $10.65, it is likely to go to the next support level at $10.37. Should the price break the second support level, the third support level stands at $10.23.
Arlo Technologies Inc (NYSE: ARLO) Key Stats
Market capitalization of the company is 1.05 billion based on 96,171K outstanding shares. Right now, sales total 491,180 K and income totals -22,040 K. The company made 135,090 K in profit during its latest quarter, and 690 K in sales during its previous quarter.
