A new trading day began on Friday, with Symbotic Inc (NASDAQ: SYM) stock price down -5.01% from the previous day of trading, before settling in for the closing price of $37.13. SYM’s price has ranged from $29.62 to $64.14 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 32.79%. Meanwhile, its annual earnings per share averaged 1162.26%. With a float of $37.85 million, this company’s outstanding shares have now reached $101.20 million.
Let’s determine the extent of company efficiency that accounts for 1300 employees.
Symbotic Inc (SYM) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Symbotic Inc is 62.96%, while institutional ownership is 27.50%. The most recent insider transaction that took place on Jun 07 ’24, was worth 1,864,420. In this transaction Director of this company sold 49,998 shares at a rate of $37.29, taking the stock ownership to the 0 shares. Before that another transaction happened on Jun 03 ’24, when Company’s insider sold 2,000 for $40.04, making the entire transaction worth $80,080. This insider now owns 68,832 shares in total.
Symbotic Inc (SYM) Earnings and Forecasts
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
Here are Symbotic Inc’s current performance indicators. According to the last quarter’s results, the 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 12.54. Likewise, its price to free cash flow for the trailing twelve months is 249.64.
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)
Looking closely at Symbotic Inc (NASDAQ: SYM), its last 5-days average volume was 1.2 million, which is a drop from its year-to-date volume of 1.36 million. As of the previous 9 days, the stock’s Stochastic %D was 21.55%. Additionally, its Average True Range was 2.05.
During the past 100 days, Symbotic Inc’s (SYM) raw stochastic average was set at 0.06%, which indicates a significant decrease from 0.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.11% in the past 14 days, which was lower than the 73.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.40, while its 200-day Moving Average is $42.20. However, in the short run, Symbotic Inc’s stock first resistance to watch stands at $36.27. Second resistance stands at $37.28. The third major resistance level sits at $37.78. If the price goes on to break the first support level at $34.76, it is likely to go to the next support level at $34.26. Should the price break the second support level, the third support level stands at $33.25.
Symbotic Inc (NASDAQ: SYM) Key Stats
With a market capitalization of 18.77 billion, the company has a total of 584,628K Shares Outstanding. Currently, annual sales are 1,177 M while annual income is -23,870 K. The company’s previous quarter sales were 424,300 K while its latest quarter income was -6,580 K.
