Smartsheet Inc (NYSE: SMAR) on Tuesday, plunged -0.88% from the previous trading day, before settling in for the closing price of $44.50. Within the past 52 weeks, SMAR’s price has moved between $35.52 and $49.42.
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During the last 5-year period, the sales growth of Technology Sector giant was 40.36%. The company achieved an average annual earnings per share of 47.55%. With a float of $131.66 million, this company’s outstanding shares have now reached $136.88 million.
Let’s determine the extent of company efficiency that accounts for 3330 employees.
Smartsheet Inc (SMAR) Breakdown of a Key Holders of the stock
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Smartsheet Inc is 4.83%, while institutional ownership is 89.52%. The most recent insider transaction that took place on Jun 28 ’24, was worth 189,762. In this transaction Chief Operating Officer of this company sold 4,272 shares at a rate of $44.42, taking the stock ownership to the 63,795 shares. Before that another transaction happened on Jun 20 ’24, when Company’s CFO & Treasurer sold 7,244 for $41.22, making the entire transaction worth $298,598. This insider now owns 30,786 shares in total.
Smartsheet Inc (SMAR) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 47.55% per share during the next fiscal year.
Smartsheet Inc (NYSE: SMAR) Trading Performance Indicators
Smartsheet Inc (SMAR) is currently performing well based on its current performance indicators. A quick ratio of 1.40 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.09. Likewise, its price to free cash flow for the trailing twelve months is 38.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.62, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 1.55 in one year’s time.
Technical Analysis of Smartsheet Inc (SMAR)
Looking closely at Smartsheet Inc (NYSE: SMAR), its last 5-days average volume was 1.18 million, which is a drop from its year-to-date volume of 1.55 million. As of the previous 9 days, the stock’s Stochastic %D was 87.13%. Additionally, its Average True Range was 1.22.
During the past 100 days, Smartsheet Inc’s (SMAR) raw stochastic average was set at 66.95%, which indicates a significant decrease from 77.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.19% in the past 14 days, which was lower than the 40.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.60, while its 200-day Moving Average is $41.95. However, in the short run, Smartsheet Inc’s stock first resistance to watch stands at $44.77. Second resistance stands at $45.43. The third major resistance level sits at $45.95. If the price goes on to break the first support level at $43.59, it is likely to go to the next support level at $43.07. Now, if the price goes above the second support level, the third support stands at $42.41.
Smartsheet Inc (NYSE: SMAR) Key Stats
Market capitalization of the company is 6.10 billion based on 138,342K outstanding shares. Right now, sales total 958,340 K and income totals -104,630 K. The company made 262,980 K in profit during its latest quarter, and -8,860 K in sales during its previous quarter.
