On Tuesday, WK Kellogg Co (NYSE: KLG) opened lower -2.02% from the last session, before settling in for the closing price of $16.81. Price fluctuations for KLG have ranged from $9.65 to $24.63 over the past 52 weeks.
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A company in the Consumer Defensive sector has dropped its sales by -0.71% annually for the last half of the decade. Company’s average yearly earnings per share was noted -31.50% at the time writing. With a float of $65.10 million, this company’s outstanding shares have now reached $85.81 million.
In an organization with 3150 employees, it is important to assess its efficiency.
WK Kellogg Co (KLG) Insider Updates
A key investor’s attitude towards the stock of the Packaged Foods industry is another important factor to consider. The insider ownership of WK Kellogg Co is 24.21%, while institutional ownership is 65.63%. The most recent insider transaction that took place on Feb 28 ’24, was worth 14,640. In this transaction Director of this company bought 1,000 shares at a rate of $14.64, taking the stock ownership to the 10,860 shares. Before that another transaction happened on Nov 22 ’23, when Company’s Chief Supply Chain Officer bought 3,150 for $11.75, making the entire transaction worth $37,019. This insider now owns 9,335 shares in total.
WK Kellogg Co (KLG) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -31.50% per share during the next fiscal year.
WK Kellogg Co (NYSE: KLG) Trading Performance Indicators
Check out the current performance indicators for WK Kellogg Co (KLG). In the past quarter, the stock posted a quick ratio of 0.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.52. Likewise, its price to free cash flow for the trailing twelve months is 7.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.40, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.51 in one year’s time.
Technical Analysis of WK Kellogg Co (KLG)
Let’s dig in a bit further. During the last 5-days, its volume was 1.04 million. That was inferior than the volume of 1.12 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 46.03%. Additionally, its Average True Range was 0.70.
During the past 100 days, WK Kellogg Co’s (KLG) raw stochastic average was set at 12.54%, which indicates a significant decrease from 29.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.77% in the past 14 days, which was higher than the 40.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.06, while its 200-day Moving Average is $16.00. However, in the short run, WK Kellogg Co’s stock first resistance to watch stands at $16.88. Second resistance stands at $17.28. The third major resistance level sits at $17.55. If the price goes on to break the first support level at $16.21, it is likely to go to the next support level at $15.94. Assuming the price breaks the second support level, the third support level stands at $15.54.
WK Kellogg Co (NYSE: KLG) Key Stats
There are currently 85,878K shares outstanding in the company with a market cap of 1.41 billion. Presently, the company’s annual sales total 2,763 M according to its annual income of 110,000 K. Last quarter, the company’s sales amounted to 672,000 K and its income totaled 31,000 K.
