VIZIO Holding Corp (VZIO) average volume reaches $2.26M: Is Wall Street expecting a rally?

A new trading day began on Monday, with VIZIO Holding Corp (NYSE: VZIO) stock price up 0.45% from the previous day of trading, before settling in for the closing price of $11.11. VZIO’s price has ranged from $4.82 to $11.28 over the past 52 weeks.

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During the last 5-year period, the sales drop of Technology Sector giant was -0.75%. Meanwhile, its annual earnings per share averaged -150.89%. With a float of $73.82 million, this company’s outstanding shares have now reached $121.50 million.

Let’s determine the extent of company efficiency that accounts for 900 employees.

VIZIO Holding Corp (VZIO) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Consumer Electronics Industry. The insider ownership of VIZIO Holding Corp is 62.61%, while institutional ownership is 40.24%. The most recent insider transaction that took place on Jun 21 ’24, was worth 1,181,031. In this transaction Chief Executive Officer of this company sold 111,114 shares at a rate of $10.63, taking the stock ownership to the 2,281,144 shares. Before that another transaction happened on Jun 21 ’24, when Company’s President and COO sold 50,181 for $10.63, making the entire transaction worth $533,374. This insider now owns 3,600,942 shares in total.

VIZIO Holding Corp (VZIO) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -150.89% per share during the next fiscal year.

VIZIO Holding Corp (NYSE: VZIO) Trading Performance Indicators

Here are VIZIO Holding Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.28. Likewise, its price to free cash flow for the trailing twelve months is 2754.15.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.07, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.18 in one year’s time.

Technical Analysis of VIZIO Holding Corp (VZIO)

Looking closely at VIZIO Holding Corp (NYSE: VZIO), its last 5-days average volume was 2.32 million, which is a drop from its year-to-date volume of 2.52 million. As of the previous 9 days, the stock’s Stochastic %D was 92.69%. Additionally, its Average True Range was 0.11.

During the past 100 days, VIZIO Holding Corp’s (VZIO) raw stochastic average was set at 97.87%, which indicates a significant increase from 96.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 5.41% in the past 14 days, which was lower than the 9.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.87, while its 200-day Moving Average is $9.34. However, in the short run, VIZIO Holding Corp’s stock first resistance to watch stands at $11.20. Second resistance stands at $11.24. The third major resistance level sits at $11.30. If the price goes on to break the first support level at $11.10, it is likely to go to the next support level at $11.04. Should the price break the second support level, the third support level stands at $11.00.

VIZIO Holding Corp (NYSE: VZIO) Key Stats

With a market capitalization of 2.20 billion, the company has a total of 197,946K Shares Outstanding. Currently, annual sales are 1,680 M while annual income is 28,200 K. The company’s previous quarter sales were 353,900 K while its latest quarter income was -12,100 K.