Varonis Systems Inc (NASDAQ: VRNS) kicked off on Tuesday, up 1.73% from the previous trading day, before settling in for the closing price of $44.03. Over the past 52 weeks, VRNS has traded in a range of $22.34-$52.88.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 13.86%. While this was happening, its average annual earnings per share was recorded -65.12%. With a float of $104.50 million, this company’s outstanding shares have now reached $109.10 million.
The extent of productivity of a business whose workforce counts for 2233 workers is very important to gauge.
Varonis Systems Inc (VRNS) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Varonis Systems Inc is 4.22%, while institutional ownership is 97.12%. The most recent insider transaction that took place on Feb 29 ’24, was worth 985,530. In this transaction Director of this company sold 19,500 shares at a rate of $50.54, taking the stock ownership to the 19,263 shares. Before that another transaction happened on Feb 12 ’24, when Company’s Director bought 230 for $51.75, making the entire transaction worth $11,902. This insider now owns 23,262 shares in total.
Varonis Systems Inc (VRNS) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -65.12% per share during the next fiscal year.
Varonis Systems Inc (NASDAQ: VRNS) Trading Performance Indicators
Take a look at Varonis Systems Inc’s (VRNS) current performance indicators. Last quarter, stock had a quick ratio of 2.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.79. Likewise, its price to free cash flow for the trailing twelve months is 89.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.92, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach 0.24 in one year’s time.
Technical Analysis of Varonis Systems Inc (VRNS)
The latest stats from [Varonis Systems Inc, VRNS] show that its last 5-days average volume of 0.72 million was inferior to 1.2 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 38.84%. Additionally, its Average True Range was 1.35.
During the past 100 days, Varonis Systems Inc’s (VRNS) raw stochastic average was set at 34.76%, which indicates a significant decrease from 39.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.97% in the past 14 days, which was lower than the 29.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $47.86, while its 200-day Moving Average is $38.99. Now, the first resistance to watch is $45.28. This is followed by the second major resistance level at $45.76. The third major resistance level sits at $46.33. If the price goes on to break the first support level at $44.23, it is likely to go to the next support level at $43.66. The third support level lies at $43.18 if the price breaches the second support level.
Varonis Systems Inc (NASDAQ: VRNS) Key Stats
The company with the Market Capitalisation of 4.89 billion has total of 109,104K Shares Outstanding. Its annual sales at the moment are 499,160 K in contrast with the sum of -100,920 K annual income. Company’s last quarter sales were recorded 154,100 K and last quarter income was -900 K.
