On Friday, Symbotic Inc (NASDAQ: SYM) was -4.49% down from the session before settling in for the closing price of $41.43. A 52-week range for SYM has been $29.62 – $64.14.
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A company in the Industrials sector has jumped its sales by 32.79% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 1162.26%. With a float of $33.46 million, this company’s outstanding shares have now reached $82.11 million.
In an organization with 1300 employees, it is important to assess its efficiency.
Symbotic Inc (SYM) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Symbotic Inc stocks. The insider ownership of Symbotic Inc is 67.25%, while institutional ownership is 27.49%. The most recent insider transaction that took place on May 28 ’24, was worth 81,837. In this transaction Director of this company sold 2,000 shares at a rate of $40.92, taking the stock ownership to the 0 shares. Before that another transaction happened on May 24 ’24, when Company’s 10% Owner sold 50,000 for $40.89, making the entire transaction worth $2,044,511. This insider now owns 0 shares in total.
Symbotic Inc (SYM) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 1162.26% per share during the next fiscal year.
Symbotic Inc (NASDAQ: SYM) Trading Performance Indicators
You can see what Symbotic Inc (SYM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.07. Likewise, its price to free cash flow for the trailing twelve months is 280.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.25, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.51 in one year’s time.
Technical Analysis of Symbotic Inc (SYM)
Let’s dig in a bit further. During the last 5-days, its volume was 0.96 million. That was inferior than the volume of 1.38 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 13.58%. Additionally, its Average True Range was 2.21.
During the past 100 days, Symbotic Inc’s (SYM) raw stochastic average was set at 15.72%, which indicates a significant increase from 5.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.78% in the past 14 days, which was lower than the 73.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.03, while its 200-day Moving Average is $42.24. However, in the short run, Symbotic Inc’s stock first resistance to watch stands at $41.20. Second resistance stands at $42.84. The third major resistance level sits at $43.90. If the price goes on to break the first support level at $38.50, it is likely to go to the next support level at $37.44. The third support level lies at $35.80 if the price breaches the second support level.
Symbotic Inc (NASDAQ: SYM) Key Stats
There are 584,628K outstanding shares of the company, which has a market capitalization of 21.05 billion. As of now, sales total 1,177 M while income totals -23,870 K. Its latest quarter income was 424,300 K while its last quarter net income were -6,580 K.
