Freshworks Inc (FRSH) average volume reaches $2.78M: Are the Stars Lining Up for Investors?

Freshworks Inc (NASDAQ: FRSH) flaunted slowness of -5.87% at $12.50, before settling in for the price of $13.28 at the close. Taking a more long-term approach, FRSH posted a 52-week range of $11.90-$24.98.

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The Technology sector firm’s twelve-monthly sales growth has been 36.86% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 32.03%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 28.31%. This publicly-traded company’s shares outstanding now amounts to $208.94 million, simultaneously with a float of $165.81 million. The organization now has a market capitalization sitting at $3.73 billion. At the time of writing, stock’s 50-day Moving Average stood at $12.92, while the 200-day Moving Average is $17.84.

Freshworks Inc (FRSH) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Freshworks Inc industry. Freshworks Inc’s current insider ownership accounts for 44.50%, in contrast to 48.81% institutional ownership. According to the most recent insider trade that took place on Jul 10 ’24, this organization’s Director sold 4,685 shares at the rate of 12.28, making the entire transaction reach 57,532 in total value, affecting insider ownership by 35,853. Preceding that transaction, on Jul 09 ’24, Company’s Director sold 6,303 for 12.49, making the whole transaction’s value amount to 78,724. This particular insider is now the holder of 229,409 in total.

Freshworks Inc (FRSH) Earnings and Revenue Records

Freshworks Inc’s EPS increase for this current 12-month fiscal period is 28.31% and is forecasted to reach 0.41 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 30.00% through the next 5 years, which can be compared against the 32.03% growth it accomplished over the previous five years trading on the market.

Freshworks Inc (NASDAQ: FRSH) Trading Performance Indicators

Let’s observe the current performance indicators for Freshworks Inc (FRSH). It’s Quick Ratio in the last reported quarter now stands at 3.19. The Stock has managed to achieve an average true range (ATR) of 0.46. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.72. Similarly, its price to free cash flow for trailing twelve months is now 30.57.

In the same vein, FRSH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.35, a figure that is expected to reach 0.08 in the next quarter, and analysts are predicting that it will be 0.41 at the market close of one year from today.

Technical Analysis of Freshworks Inc (FRSH)

Now, what If we examine the latest scores posted by [Freshworks Inc, FRSH]. During the last 5-days, its volume was better the volume of 2.65 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 39.28% While, its Average True Range was 0.50.

Raw Stochastic average of Freshworks Inc (FRSH) in the period of the previous 100 days is set at 8.11%, which indicates a major rise in contrast to 6.47% 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 41.52% that was lower than 46.68% volatility it exhibited in the past 100-days period.