Wix.com Ltd (NASDAQ: WIX) kicked off on Monday, up 4.58% from the previous trading day, before settling in for the closing price of $163.64. Over the past 52 weeks, WIX has traded in a range of $76.90-$178.65.
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A company in the Technology sector has jumped its sales by 21.24% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 34.88%. With a float of $53.37 million, this company’s outstanding shares have now reached $57.17 million.
In an organization with 5302 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 67.69%, operating margin of 2.26%, and the pretax margin is 5.23%.
Wix.com Ltd (WIX) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Wix.com Ltd is 4.09%, while institutional ownership is 85.26%. The most recent insider transaction that took place on Aug 01 ’24, was worth 7,796,250.
Wix.com Ltd (WIX) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 34.88% per share during the next fiscal year.
Wix.com Ltd (NASDAQ: WIX) Trading Performance Indicators
Take a look at Wix.com Ltd’s (WIX) current performance indicators. Last quarter, stock had a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.76. Likewise, its price to free cash flow for the trailing twelve months is 31.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.24, a number that is poised to hit 1.45 in the next quarter and is forecasted to reach 7.02 in one year’s time.
Technical Analysis of Wix.com Ltd (WIX)
Let’s dig in a bit further. During the last 5-days, its volume was 0.44 million. That was inferior than the volume of 0.61 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 95.36%. Additionally, its Average True Range was 6.15.
During the past 100 days, Wix.com Ltd’s (WIX) raw stochastic average was set at 87.69%, which indicates a significant decrease from 99.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.59% in the past 14 days, which was lower than the 46.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $160.38, while its 200-day Moving Average is $134.38. However, in the short run, Wix.com Ltd’s stock first resistance to watch stands at $173.83. Second resistance stands at $176.54. The third major resistance level sits at $181.93. If the price goes on to break the first support level at $165.73, it is likely to go to the next support level at $160.34. The third support level lies at $157.63 if the price breaches the second support level.
Wix.com Ltd (NASDAQ: WIX) Key Stats
The company with the Market Capitalisation of 9.52 billion has total of 57,173K Shares Outstanding. Its annual sales at the moment are 1,562 M in contrast with the sum of 33,140 K annual income. Company’s last quarter sales were recorded 435,750 K and last quarter income was 39,520 K.
