Snowflake Inc (SNOW) 14-day ATR is 4.65: This Stock is Set to Soar Above its Peers

Snowflake Inc (NYSE: SNOW) started the day on Thursday, with a price decrease of -1.21% at $155.87, before settling in for the price of $157.78 at the close. Taking a more long-term approach, SNOW posted a 52-week range of $138.40-$237.72.

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

The Technology Sector giants’ yearly sales growth during the last 5-year period was 101.75%. Meanwhile, its Annual Earning per share during the time was -31.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -4.39%. This publicly-traded company’s shares outstanding now amounts to $334.45 million, simultaneously with a float of $308.02 million. The organization now has a market capitalization sitting at $52.09 billion. At the time of writing, stock’s 50-day Moving Average stood at $158.81, while the 200-day Moving Average is $171.95.

Snowflake Inc (SNOW) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Application Industry. Snowflake Inc’s current insider ownership accounts for 7.83%, in contrast to 63.15% institutional ownership. According to the most recent insider trade that took place on May 01 ’24, this organization’s Chief Revenue Officer sold 12,782 shares at the rate of 156.56, making the entire transaction reach 2,001,148 in total value, affecting insider ownership by 354,954. Preceding that transaction, on Apr 15 ’24, Company’s EVP, Product Management sold 1,500 for 156.38, making the whole transaction’s value amount to 234,570. This particular insider is now the holder of 774,097 in total.

Snowflake Inc (SNOW) Earnings and Revenue Records

Snowflake Inc’s EPS decrease for this current 12-month fiscal period is -4.39% and is forecasted to reach 1.36 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 18.05% through the next 5 years, which can be compared against the -31.70% growth it accomplished over the previous five years trading on the market.

Snowflake Inc (NYSE: SNOW) Trading Performance Indicators

Let’s observe the current performance indicators for Snowflake Inc (SNOW). It’s Quick Ratio in the last reported quarter now stands at 1.81. The Stock has managed to achieve an average true range (ATR) of 4.65. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 18.56. Similarly, its price to free cash flow for trailing twelve months is now 66.88.

In the same vein, SNOW’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.55, a figure that is expected to reach 0.17 in the next quarter, and analysts are predicting that it will be 1.36 at the market close of one year from today.

Technical Analysis of Snowflake Inc (SNOW)

If we take a close look at the recent performances of Snowflake Inc (NYSE: SNOW), its last 5-days Average volume was 3.32 million that shows plunge from its year to date volume of 6.23 million. During the previous 9 days, stock’s Stochastic %D was recorded 40.37% While, its Average True Range was 4.33.

Raw Stochastic average of Snowflake Inc (SNOW) in the period of the previous 100 days is set at 12.37%, which indicates a major fall in contrast to 59.05% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 29.61% that was lower than 49.07% volatility it exhibited in the past 100-days period.