Chegg Inc (NYSE: CHGG) kicked off on Friday, down -0.28% from the previous trading day, before settling in for the closing price of $3.52. Over the past 52 weeks, CHGG has traded in a range of $2.53-$13.11.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Consumer Defensive Sector giant saw their annual sales surged by 19.49% over the last five years. While this was happening, its average annual earnings per share was recorded -7.15%. With a float of $97.03 million, this company’s outstanding shares have now reached $102.82 million.
The firm has a total of 1979 workers. Let’s measure their productivity.
Chegg Inc (CHGG) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Education & Training Services Industry. The insider ownership of Chegg Inc is 5.07%, while institutional ownership is 97.80%. The most recent insider transaction that took place on Dec 13 ’23, was worth 14,054. In this transaction CHIEF OPERATING OFFICER of this company sold 1,350 shares at a rate of $10.41, taking the stock ownership to the 421,025 shares. Before that another transaction happened on Dec 04 ’23, when Company’s CHIEF OPERATING OFFICER sold 630 for $10.13, making the entire transaction worth $6,382. This insider now owns 426,802 shares in total.
Chegg Inc (CHGG) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -7.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to -20.81% drop over the previous five years of trading.
Chegg Inc (NYSE: CHGG) Trading Performance Indicators
Take a look at Chegg Inc’s (CHGG) current performance indicators. Last quarter, stock had a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.51. Likewise, its price to free cash flow for the trailing twelve months is 2.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.40, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 1.06 in one year’s time.
Technical Analysis of Chegg Inc (CHGG)
Analysing the last 5-days average volume posted by the [Chegg Inc, CHGG], we can find that recorded value of 3.76 million was better than the volume posted last year of 3.45 million. As of the previous 9 days, the stock’s Stochastic %D was 58.07%. Additionally, its Average True Range was 0.25.
During the past 100 days, Chegg Inc’s (CHGG) raw stochastic average was set at 15.73%, which indicates a significant decrease from 73.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.85% in the past 14 days, which was higher than the 79.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.38, while its 200-day Moving Average is $7.39. Now, the first resistance to watch is $3.73. This is followed by the second major resistance level at $3.96. The third major resistance level sits at $4.10. If the price goes on to break the first support level at $3.36, it is likely to go to the next support level at $3.22. Now, if the price goes above the second support level, the third support stands at $2.99.
Chegg Inc (NYSE: CHGG) Key Stats
The company with the Market Capitalisation of 358.79 million has total of 102,217K Shares Outstanding. Its annual sales at the moment are 716,300 K in contrast with the sum of 18,180 K annual income. Company’s last quarter sales were recorded 174,350 K and last quarter income was -1,420 K.
