Procore Technologies Inc (NYSE: PCOR) on Tuesday, soared 3.87% from the previous trading day, before settling in for the closing price of $53.75. Within the past 52 weeks, PCOR’s price has moved between $48.11 and $83.35.
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A company in the Technology sector has jumped its sales by 38.80% annually for the last half of the decade. The company achieved an average annual earnings per share of 234.22%. With a float of $136.20 million, this company’s outstanding shares have now reached $144.81 million.
In an organization with 3694 employees, it is important to assess its efficiency.
Procore Technologies Inc (PCOR) Insider Updates
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Procore Technologies Inc is 7.78%, while institutional ownership is 82.29%. The most recent insider transaction that took place on Aug 09 ’24, was worth 207,069. In this transaction Director of this company sold 3,846 shares at a rate of $53.84, taking the stock ownership to the 1,436,621 shares. Before that another transaction happened on Aug 08 ’24, when Company’s Director sold 3,846 for $52.49, making the entire transaction worth $201,877. This insider now owns 1,440,467 shares in total.
Procore Technologies Inc (PCOR) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 234.22% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 75.90% during the next five years compared to -19.72% drop over the previous five years of trading.
Procore Technologies Inc (NYSE: PCOR) Trading Performance Indicators
Procore Technologies Inc (PCOR) is currently performing well based on its current performance indicators. A quick ratio of 1.55 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.77. Likewise, its price to free cash flow for the trailing twelve months is 52.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.63, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 1.08 in one year’s time.
Technical Analysis of Procore Technologies Inc (PCOR)
Let’s dig in a bit further. During the last 5-days, its volume was 2.05 million. That was better than the volume of 1.5 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 21.42%. Additionally, its Average True Range was 3.08.
During the past 100 days, Procore Technologies Inc’s (PCOR) raw stochastic average was set at 18.80%, which indicates a significant decrease from 27.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.68% in the past 14 days, which was higher than the 42.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $64.75, while its 200-day Moving Average is $67.96. However, in the short run, Procore Technologies Inc’s stock first resistance to watch stands at $56.77. Second resistance stands at $57.71. The third major resistance level sits at $59.35. If the price goes on to break the first support level at $54.19, it is likely to go to the next support level at $52.55. Assuming the price breaks the second support level, the third support level stands at $51.61.
Procore Technologies Inc (NYSE: PCOR) Key Stats
Market capitalization of the company is 8.25 billion based on 146,325K outstanding shares. Right now, sales total 950,010 K and income totals -189,690 K. The company made 284,350 K in profit during its latest quarter, and -6,310 K in sales during its previous quarter.
