Altair Engineering Inc (NASDAQ: ALTR) open the trading on Wednesday, with a bit cautious approach as it glided -4.68% to $87.56, before settling in for the price of $91.86 at the close. Taking a more long-term approach, ALTR posted a 52-week range of $57.59-$101.39.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 9.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 12.19%. This publicly-traded company’s shares outstanding now amounts to $83.03 million, simultaneously with a float of $55.53 million. The organization now has a market capitalization sitting at $7.27 billion. At the time of writing, stock’s 50-day Moving Average stood at $93.46, while the 200-day Moving Average is $82.38.
Altair Engineering Inc (ALTR) 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 Software – Infrastructure industry. Altair Engineering Inc’s current insider ownership accounts for 33.12%, in contrast to 67.72% institutional ownership. According to the most recent insider trade that took place on Jul 09 ’24, this organization’s Director sold 620 shares at the rate of 97.73, making the entire transaction reach 60,593 in total value, affecting insider ownership by 21,242. Preceding that transaction, on Jun 28 ’24, Company’s Chief Executive Officer sold 13,000 for 98.26, making the whole transaction’s value amount to 1,277,415. This particular insider is now the holder of 0 in total.
Altair Engineering Inc (ALTR) Earnings and Revenue Records
Altair Engineering Inc’s EPS increase for this current 12-month fiscal period is 12.19% and is forecasted to reach 1.43 in the upcoming year.
Altair Engineering Inc (NASDAQ: ALTR) Trading Performance Indicators
Let’s observe the current performance indicators for Altair Engineering Inc (ALTR). It’s Quick Ratio in the last reported quarter now stands at 2.45. The Stock has managed to achieve an average true range (ATR) of 2.69. Alongside those numbers, its PE Ratio stands at $1037.44, and its Beta score is 1.48. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 11.73. Similarly, its price to free cash flow for trailing twelve months is now 55.78.
In the same vein, ALTR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.08, a figure that is expected to reach 0.15 in the next quarter, and analysts are predicting that it will be 1.43 at the market close of one year from today.
Technical Analysis of Altair Engineering Inc (ALTR)
[Altair Engineering Inc, ALTR] 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 13.29% While, its Average True Range was 2.78.
Raw Stochastic average of Altair Engineering Inc (ALTR) in the period of the previous 100 days is set at 42.34%, which indicates a major rise in contrast to 1.64% 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 34.78% that was higher than 31.32% volatility it exhibited in the past 100-days period.
