Symbotic Inc (NASDAQ: SYM) kicked off on Friday, down -6.51% from the previous trading day, before settling in for the closing price of $39.35. Over the past 52 weeks, SYM has traded in a range of $29.62-$64.14.
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
A company in the Industrials sector has jumped its sales by 32.79% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 1162.26%. With a float of $33.46 million, this company’s outstanding shares have now reached $101.20 million.
In an organization with 1300 employees, it is important to assess its efficiency.
Symbotic Inc (SYM) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Symbotic Inc is 67.25%, while institutional ownership is 27.49%. The most recent insider transaction that took place on Jun 03 ’24, was worth 80,080. In this transaction an insider of this company sold 2,000 shares at a rate of $40.04, taking the stock ownership to the 68,832 shares. Before that another transaction happened on Jun 03 ’24, when Company’s Director sold 2,000 for $39.79, making the entire transaction worth $79,571. This insider now owns 0 shares in total.
Symbotic Inc (SYM) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 3/31/2024, the organization reported -0.07 earnings per share (EPS), lower than consensus estimate (set at -0.06) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.
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
Take a look at Symbotic Inc’s (SYM) current performance indicators. Last quarter, stock had a quick ratio of 1.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.08. Likewise, its price to free cash flow for the trailing twelve months is 260.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.19, 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 1.21 million. That was inferior than the volume of 1.37 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 22.43%. Additionally, its Average True Range was 2.10.
During the past 100 days, Symbotic Inc’s (SYM) raw stochastic average was set at 1.53%, which indicates a significant decrease from 3.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.86% in the past 14 days, which was lower than the 73.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $42.15, while its 200-day Moving Average is $42.26. However, in the short run, Symbotic Inc’s stock first resistance to watch stands at $38.61. Second resistance stands at $40.43. The third major resistance level sits at $41.46. If the price goes on to break the first support level at $35.76, it is likely to go to the next support level at $34.73. Assuming the price breaks the second support level, the third support level stands at $32.91.
Symbotic Inc (NASDAQ: SYM) Key Stats
The company with the Market Capitalisation of 19.57 billion has total of 584,628K Shares Outstanding. Its annual sales at the moment are 1,177 M in contrast with the sum of -23,870 K annual income. Company’s last quarter sales were recorded 424,300 K and last quarter income was -6,580 K.
