On Friday, MeridianLink Inc (NYSE: MLNK) was 3.91% up from the session before settling in for the closing price of $20.70. A 52-week range for MLNK has been $14.89 – $25.88.
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Technology Sector giant saw their annual sales surged by 19.45% over the last five years. When this article was written, the company’s average yearly earnings per share was at 245.98%. With a float of $22.38 million, this company’s outstanding shares have now reached $78.45 million.
The firm has a total of 676 workers. Let’s measure their productivity.
MeridianLink Inc (MLNK) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward MeridianLink Inc stocks. The insider ownership of MeridianLink Inc is 70.82%, while institutional ownership is 27.40%. The most recent insider transaction that took place on Jun 20 ’24, was worth 293,271. In this transaction President, Go To Market of this company sold 14,320 shares at a rate of $20.48, taking the stock ownership to the 344,695 shares. Before that another transaction happened on Jun 18 ’24, when Company’s President, Go To Market sold 46,296 for $20.30, making the entire transaction worth $939,642. This insider now owns 359,015 shares in total.
MeridianLink Inc (MLNK) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 3/31/2024, it has been observed that the corporation posted 0.03 earnings per share (EPS) during the time that was less than consensus figure (set at 0.05) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 245.98% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.40% during the next five years compared to 0.77% growth over the previous five years of trading.
MeridianLink Inc (NYSE: MLNK) Trading Performance Indicators
You can see what MeridianLink Inc (MLNK) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.42. Likewise, its price to free cash flow for the trailing twelve months is 24.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.53, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.63 in one year’s time.
Technical Analysis of MeridianLink Inc (MLNK)
Analysing the last 5-days average volume posted by the [MeridianLink Inc, MLNK], we can find that recorded value of 0.38 million was better than the volume posted last year of 0.23 million. As of the previous 9 days, the stock’s Stochastic %D was 68.68%. Additionally, its Average True Range was 0.62.
During the past 100 days, MeridianLink Inc’s (MLNK) raw stochastic average was set at 69.43%, which indicates a significant decrease from 96.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.26% in the past 14 days, which was lower than the 37.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.35, while its 200-day Moving Average is $19.16. Now, the first resistance to watch is $21.85. This is followed by the second major resistance level at $22.19. The third major resistance level sits at $22.77. If the price goes on to break the first support level at $20.93, it is likely to go to the next support level at $20.35. Now, if the price goes above the second support level, the third support stands at $20.01.
MeridianLink Inc (NYSE: MLNK) Key Stats
There are 76,709K outstanding shares of the company, which has a market capitalization of 1.65 billion. As of now, sales total 303,620 K while income totals -42,540 K. Its latest quarter income was 77,820 K while its last quarter net income were -5,310 K.
