Cisco Systems, Inc. (NASDAQ: CSCO) kicked off on Monday, down -4.11% from the previous trading day, before settling in for the closing price of $46.66. Over the past 52 weeks, CSCO has traded in a range of $44.95-$58.19.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 2.52%. While this was happening, its average annual earnings per share was recorded -4.77%. With a float of $4.02 billion, this company’s outstanding shares have now reached $4.07 billion.
The extent of productivity of a business whose workforce counts for 84900 workers is very important to gauge.
Cisco Systems, Inc. (CSCO) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Communication Equipment Industry. The insider ownership of Cisco Systems, Inc. is 0.23%, while institutional ownership is 76.25%. The most recent insider transaction that took place on Jun 14 ’24, was worth 629,767. In this transaction EVP, Operations of this company sold 13,896 shares at a rate of $45.32, taking the stock ownership to the 150,787 shares. Before that another transaction happened on Jun 13 ’24, when Company’s EVP and Chief Legal Officer sold 2,619 for $45.34, making the entire transaction worth $118,759. This insider now owns 176,384 shares in total.
Cisco Systems, Inc. (CSCO) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -4.77% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.67% during the next five years compared to 173.71% growth over the previous five years of trading.
Cisco Systems, Inc. (NASDAQ: CSCO) Trading Performance Indicators
Take a look at Cisco Systems, Inc.’s (CSCO) current performance indicators. Last quarter, stock had a quick ratio of 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.26. Likewise, its price to free cash flow for the trailing twelve months is 14.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.97, a number that is poised to hit 0.85 in the next quarter and is forecasted to reach 3.54 in one year’s time.
Technical Analysis of Cisco Systems, Inc. (CSCO)
The latest stats from [Cisco Systems, Inc., CSCO] show that its last 5-days average volume of 22.53 million was superior to 19.64 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 21.06%. Additionally, its Average True Range was 0.95.
During the past 100 days, Cisco Systems, Inc.’s (CSCO) raw stochastic average was set at 0.81%, which indicates a significant decrease from 1.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.79% in the past 14 days, which was higher than the 18.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $46.78, while its 200-day Moving Average is $48.93. Now, the first resistance to watch is $46.05. This is followed by the second major resistance level at $47.36. The third major resistance level sits at $48.03. If the price goes on to break the first support level at $44.06, it is likely to go to the next support level at $43.39. Assuming the price breaks the second support level, the third support level stands at $42.08.
Cisco Systems, Inc. (NASDAQ: CSCO) Key Stats
The company with the Market Capitalisation of 180.25 billion has total of 4,028,815K Shares Outstanding. Its annual sales at the moment are 56,998 M in contrast with the sum of 12,613 M annual income. Company’s last quarter sales were recorded 12,702 M and last quarter income was 1,886 M.
