Duolingo Inc (DUOL) with a beta value of 0.84 appears to be a promising investment opportunity.

A new trading day began on Friday, with Duolingo Inc (NASDAQ: DUOL) stock price up 3.64% from the previous day of trading, before settling in for the closing price of $214.84. DUOL’s price has ranged from $116.82 to $245.87 over the past 52 weeks.

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During the last 5-year period, the sales growth of Technology Sector giant was 68.67%. Meanwhile, its annual earnings per share averaged 253.53%. With a float of $36.04 million, this company’s outstanding shares have now reached $36.31 million.

Let’s determine the extent of company efficiency that accounts for 720 employees.

Duolingo Inc (DUOL) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Duolingo Inc is 15.93%, while institutional ownership is 77.03%. The most recent insider transaction that took place on Apr 08 ’24, was worth 323,025. In this transaction Chief Engineering Officer of this company sold 1,500 shares at a rate of $215.35, taking the stock ownership to the 124,505 shares. Before that another transaction happened on Apr 01 ’24, when Company’s President & CEO, Co-Founder sold 12,000 for $218.40, making the entire transaction worth $2,620,812. This insider now owns 0 shares in total.

Duolingo Inc (DUOL) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 253.53% per share during the next fiscal year.

Duolingo Inc (NASDAQ: DUOL) Trading Performance Indicators

Here are Duolingo Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 17.98. Likewise, its price to free cash flow for the trailing twelve months is 63.47.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.32, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 2.33 in one year’s time.

Technical Analysis of Duolingo Inc (DUOL)

Looking closely at Duolingo Inc (NASDAQ: DUOL), its last 5-days average volume was 0.75 million, which is a jump from its year-to-date volume of 0.73 million. As of the previous 9 days, the stock’s Stochastic %D was 66.85%. Additionally, its Average True Range was 11.08.

During the past 100 days, Duolingo Inc’s (DUOL) raw stochastic average was set at 68.73%, which indicates a significant decrease from 79.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.14% in the past 14 days, which was higher than the 53.00% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $212.15, while its 200-day Moving Average is $185.96. However, in the short run, Duolingo Inc’s stock first resistance to watch stands at $227.38. Second resistance stands at $232.09. The third major resistance level sits at $236.54. If the price goes on to break the first support level at $218.22, it is likely to go to the next support level at $213.77. Now, if the price goes above the second support level, the third support stands at $209.06.

Duolingo Inc (NASDAQ: DUOL) Key Stats

With a market capitalization of 9.55 billion, the company has a total of 42,876K Shares Outstanding. Currently, annual sales are 531,110 K while annual income is 16,070 K. The company’s previous quarter sales were 150,990 K while its latest quarter income was 12,120 K.