On Friday, Airbnb Inc (NASDAQ: ABNB) opened higher 0.38% from the last session, before settling in for the closing price of $114.64. Price fluctuations for ABNB have ranged from $110.38 to $170.10 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 27.50% annually for the last half of the decade. Company’s average yearly earnings per share was noted -41.53% at the time writing. With a float of $423.13 million, this company’s outstanding shares have now reached $438.00 million.
In an organization with 6907 employees, it is important to assess its efficiency.
Airbnb Inc (ABNB) Insider Updates
A key investor’s attitude towards the stock of the Travel Services industry is another important factor to consider. The insider ownership of Airbnb Inc is 33.21%, while institutional ownership is 54.00%. The most recent insider transaction that took place on Aug 06 ’24, was worth 75,942. Before that another transaction happened on Aug 06 ’24, when Company’s Chief Technology Officer sold 600 for $126.57, making the entire transaction worth $75,942. This insider now owns 205,774 shares in total.
Airbnb Inc (ABNB) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -41.53% per share during the next fiscal year.
Airbnb Inc (NASDAQ: ABNB) Trading Performance Indicators
Check out the current performance indicators for Airbnb Inc (ABNB). In the past quarter, the stock posted a quick ratio of 1.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.94. Likewise, its price to free cash flow for the trailing twelve months is 17.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.34, a number that is poised to hit 2.19 in the next quarter and is forecasted to reach 4.73 in one year’s time.
Technical Analysis of Airbnb Inc (ABNB)
Let’s dig in a bit further. During the last 5-days, its volume was 12.09 million. That was better than the volume of 4.6 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 12.25%. Additionally, its Average True Range was 5.25.
During the past 100 days, Airbnb Inc’s (ABNB) raw stochastic average was set at 7.87%, which indicates a significant decrease from 11.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.27% in the past 14 days, which was higher than the 35.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $144.26, while its 200-day Moving Average is $145.39. However, in the short run, Airbnb Inc’s stock first resistance to watch stands at $116.69. Second resistance stands at $118.31. The third major resistance level sits at $120.35. If the price goes on to break the first support level at $113.03, it is likely to go to the next support level at $110.99. Assuming the price breaks the second support level, the third support level stands at $109.37.
Airbnb Inc (NASDAQ: ABNB) Key Stats
There are currently 644,044K shares outstanding in the company with a market cap of 72.90 billion. Presently, the company’s annual sales total 9,917 M according to its annual income of 4,792 M. Last quarter, the company’s sales amounted to 2,142 M and its income totaled 264,000 K.
