Atkore Inc (ATKR) volume hits 0.7 million: A New Opening for Investors

Atkore Inc (NYSE: ATKR) open the trading on Wednesday, with a bit cautious approach as it glided -1.32% to $130.24, before settling in for the price of $131.98 at the close. Taking a more long-term approach, ATKR posted a 52-week range of $121.00-$194.98.

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The Industrials Sector giants’ yearly sales growth during the last 5-year period was 17.20%. Meanwhile, its Annual Earning per share during the time was 47.42%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -14.63%. This publicly-traded company’s shares outstanding now amounts to $37.32 million, simultaneously with a float of $35.91 million. The organization now has a market capitalization sitting at $4.74 billion. At the time of writing, stock’s 50-day Moving Average stood at $155.67, while the 200-day Moving Average is $152.18.

Atkore Inc (ATKR) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Electrical Equipment & Parts industry. Atkore Inc’s current insider ownership accounts for 1.43%, in contrast to 109.33% institutional ownership. According to the most recent insider trade that took place on Jun 03 ’24, this organization’s Director sold 599 shares at the rate of 153.23, making the entire transaction reach 91,785 in total value, affecting insider ownership by 15,695. Preceding that transaction, on May 22 ’24, Company’s Director sold 2,000 for 154.11, making the whole transaction’s value amount to 308,220. This particular insider is now the holder of 19,348 in total.

Atkore Inc (ATKR) Earnings and Revenue Records

Atkore Inc’s EPS decrease for this current 12-month fiscal period is -14.63% and is forecasted to reach 17.76 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -2.51% through the next 5 years, which can be compared against the 47.42% growth it accomplished over the previous five years trading on the market.

Atkore Inc (NYSE: ATKR) Trading Performance Indicators

Let’s observe the current performance indicators for Atkore Inc (ATKR). It’s Quick Ratio in the last reported quarter now stands at 1.98. The Stock has managed to achieve an average true range (ATR) of 4.25. Alongside those numbers, its PE Ratio stands at $8.12, and its Beta score is 2.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.40. Similarly, its price to free cash flow for trailing twelve months is now 11.08.

In the same vein, ATKR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 16.03, a figure that is expected to reach 4.00 in the next quarter, and analysts are predicting that it will be 17.76 at the market close of one year from today.

Technical Analysis of Atkore Inc (ATKR)

[Atkore Inc, ATKR] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 4.99% While, its Average True Range was 3.84.

Raw Stochastic average of Atkore Inc (ATKR) in the period of the previous 100 days is set at 0.25%, which indicates a major fall in contrast to 0.79% 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 19.06% that was lower than 40.20% volatility it exhibited in the past 100-days period.